GHENT, Belgium, March 16, 2015 (GLOBE NEWSWIRE) -- REGULATED INFORMATION
Ablynx [Euronext Brussels: ABLX; OTC: ABYLY] today announced, in accordance with Article 14 of the Belgian Law of 2 May 2007 regarding the publication of major shareholdings in issuers whose securities are admitted to trading on a regulated market (the "Transparency Law"), that it received a notification of shareholdings from Polar Capital Funds plc.
Polar Capital Funds notified that they have exceeded the 3% threshold and now hold 1,654,827 Ablynx shares, which represents 3.06% of the current 54,130,105 outstanding shares of Ablynx.
Separately, FMR LLC informed the Company that, due to a technical error, the notification form provided to Ablynx on 3 July 2014 was incorrect. FMR LLC did not cross the 3% threshold in July 2014 and they have therefore now been removed from the >3% shareholdings in Ablynx.
Full versions of all transparency notifications are available on the website of Ablynx, under the section Investors.
Ablynx is a biopharmaceutical company engaged in the development of Nanobodies®, proprietary therapeutic proteins based on single-domain antibody fragments, which combine the advantages of conventional antibody drugs with some of the features of small-molecule drugs. Ablynx is dedicated to creating new medicines which will make a real difference to society. Today, the Company has more than 30 proprietary and partnered programmes in development in various therapeutic areas including inflammation, haematology, oncology and respiratory disease. The Company has collaborations with multiple pharmaceutical companies including AbbVie, Boehringer Ingelheim, Eddingpharm, Merck & Co, Merck Serono and Novartis. The Company is headquartered in Ghent, Belgium. More information can be found on www.ablynx.com.
For more information, please contact
Dr Edwin Moses
t: +32 (0)9 262 00 07
m: +32 (0)473 39 50 68
Associate Director Investor Relations
t: +32 (0)9 262 00 82
m: +32 (0)479 49 06 03
Follow us on Twitter @AblynxABLX
Ablynx media relations Consilium Strategic Communications:
Mary-Jane Elliott, Jonathan Birt, Amber Bielecka, Lindsey Neville
t: +44 203 709 5700
pdf format of the press release http://hugin.info/137912/R/1903505/676936.pdf