11.10.2016, 19:31
FMR Has Notified Ablynx That Shareholding in Ablynx of FMR
OREANDA-NEWS. Ablynx 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 FMR LLC.
FMR LLC has notified Ablynx that the shareholding in Ablynx of FMR Co., Inc., a subsidiary of Fidelity Management & Research Company, which itself is a subsidiary of FMR LLC (the ultimate parent company), has exceeded the 3% threshold as of 3 October 2016.
FMR LLC (taking into account the holdings of its subsidiary undertakings) currently holds a total of 5,613,498 Ablynx shares (versus 2,753,606 Ablynx shares in its previous notification on 20 May 2015), representing 9.22% of the current 60,910,744 outstanding Ablynx shares.
The holdings attributable to FMR LLC arise from holdings of various undertakings for collective investment that are managed by FMR Co., Inc., Fidelity Institutional Asset Management Trust Company and FIAM LLC, each of which are entities that are subsidiaries of, and controlled by, FMR LLC. These undertakings for collective investment have granted FMR LLC discretionary power to vote on behalf of all their securities in accordance with the FMR LLC board proxy voting policy. FMR LLC is not a controlled undertaking.
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 45 proprietary and partnered programmes in development in various therapeutic areas including inflammation, haematology, immuno-oncology, oncology and respiratory disease.
FMR LLC has notified Ablynx that the shareholding in Ablynx of FMR Co., Inc., a subsidiary of Fidelity Management & Research Company, which itself is a subsidiary of FMR LLC (the ultimate parent company), has exceeded the 3% threshold as of 3 October 2016.
FMR LLC (taking into account the holdings of its subsidiary undertakings) currently holds a total of 5,613,498 Ablynx shares (versus 2,753,606 Ablynx shares in its previous notification on 20 May 2015), representing 9.22% of the current 60,910,744 outstanding Ablynx shares.
The holdings attributable to FMR LLC arise from holdings of various undertakings for collective investment that are managed by FMR Co., Inc., Fidelity Institutional Asset Management Trust Company and FIAM LLC, each of which are entities that are subsidiaries of, and controlled by, FMR LLC. These undertakings for collective investment have granted FMR LLC discretionary power to vote on behalf of all their securities in accordance with the FMR LLC board proxy voting policy. FMR LLC is not a controlled undertaking.
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 45 proprietary and partnered programmes in development in various therapeutic areas including inflammation, haematology, immuno-oncology, oncology and respiratory disease.
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