PRESS RELEASE
Regulated information

Disclosure made according to the requirements of Article 14 of the law of 2 May 2007

Aalst-Erembodegem (Belgium), February 3, 2020 - Ontex Group NV ('Ontex') discloses the notification of significant shareholdings that it has received according to the Belgian Law of 2 May 2007 on the disclosure of significant shareholdings in listed companies.
On January 29, 2020, Bank of America Corporation notified Ontex that it had, as a result of the disposal of voting securities or voting rights, crossed below the threshold of 5.00% of the total number of voting rights in Ontex.
According to its obligation Ontex publishes the content of the notifications that it has received.

Date of Notification: January 29, 2020

Date Threshold Crossed: January 24, 2020

Threshold Crossed: 5.00%

Notification by: Bank of America Corporation, Wilmington, DE (United States)

Denominator on the date of notification: 82,347,218 shares

Voting rights and assimilated financial instruments:

Notification of January 29, 2020:

Full chain of controlled undertakings through which the holding is effectively held
Merrill Lynch International, BofA Securities Europe SA, BofA Securities, Inc and Merrill Lynch Professional Clearing Corporation are controlled by 'Bank of America Corporation' (see enclosure). Bank of America Corporation is not a controlled entity.

Additional information
The trigger for the notification is due to the trading book going below the 5% exemption.

Notifications of significant shareholdings to be made according to the Law of 2 May 2007 should be sent to: investorrelations@ontexglobal.com
This notification will be posted on: http://www.ontexglobal.com/press-room

INVESTOR ENQUIRIES

Philip Ludwig
+32 53 333 730
investorrelations@ontexglobal.com

PRESS ENQUIRIES

Gaëlle Vilatte
+32 53 333 708
gaelle.vilatte@ontexglobal.com

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Ontex Group NV published this content on 03 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 February 2020 10:20:09 UTC