Press release Biocartis Group NV: Disclosure of transparency notification (Article 14, first paragraph, of the Act of 2 May 2007 on the disclosure of large shareholdings)

BIOCARTIS GROUP NV (Euronext Brussels: BCART)

PRESS RELEASE – REGULATED INFORMATION – 10 January 2024, 23:00 CET

Disclosure of transparency notification

(Article 14, first paragraph, of the Act of 2 May 2007 on the disclosure of large shareholdings)

1. Summary of notice

BIOCARTIS GROUP NV received a transparency notification on January 5, 2024, of which an amended version was received on January 8, 2024, showing that Invesco Ltd., with registered office at 1331, Spring Street NW, Suite 2500, Atlanta, Georgia 30309, USA, pursuant to the transfer of all its shares on January 3, 2024, now that it no longer has any voting rights in the company. It has thus downwards exceeded the participation threshold of 3%.

2. Contents of the notification

The amended notification dated January 8, 2024 contains the following information:

• Reason for the notification:
  • Acquisition or disposal of voting securities or voting rights;
  • Downward crossing of the lowest threshold.
• Notification by: A parent undertaking or a controlling person.
• Person(s) required to notify: Invesco Ltd., with registered office at 1331, Spring Street NW, Suite 2500, Atlanta, Georgia 30309, USA.
• Date on which the threshold is crossed: 03-01-2024
• Threshold crossed (in %): 3%
• Denominator: 93,915,910
• Notified details:

• Chain of controlled undertakings through which the holding is effectively held :
  This disclosure is made on behalf of Invesco Ltd. and relates to shares beneficially owned by various mutual and pension funds managed by Invesco Ltd. and its subsidiary companies, whereby Invesco Ltd. has discretion as to the acquisition and disposal of the shares and as to the exercise of the voting rights associated with the shares. Invesco Ltd. is not a controlled entity. Invesco Ltd. is the parent company controlling the voting rights for Invesco Advisers, Inc.

• Additional information:
  The acquisition of the shares in the (company), by Invesco (on behalf of funds managed by affiliates of the group management companies) to Invesco Ltd, is part of the normal course of its portfolio management company activity, conducted without intent to implement a particular strategy for the company, or to exercise, as such, a specific influence on the management of the latter. The company, Invesco (on behalf of funds managed by affiliates of the group management companies) is not acting in concert with a third party and does not intend to take control of the company.

3.         Miscellaneous

This press release can be consulted on the website of BIOCARTIS GROUP NV via this link Press releases | Biocartis Group NV.

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More information:

Investor Relations Biocartis Group NV
e-mail        info@biocartisgroupnv.be

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Forward-looking statements

Certain statements, beliefs and opinions in this press release are forward-looking, which reflect the Company’s or, as appropriate, the Company directors’ or managements’ current expectations and projections concerning future events such as the Company’s results of operations, financial condition, liquidity, performance, prospects, growth, strategies and the industry in which the Company operates. By their nature, forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties, assumptions and factors could adversely affect the outcome and financial effects of the plans and events described herein. A multitude of factors including, but not limited to, changes in demand, competition and technology, can cause actual events, performance or results to differ significantly from any anticipated development. Forward-looking statements contained in this press release regarding past trends or activities are not guarantees of future performance and should not be taken as a representation that such trends or activities will continue in the future. In addition, even if actual results or developments are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in future periods. No representations and warranties are made as to the accuracy or fairness of such forward-looking statements. As a result, the Company expressly disclaims any obligation or undertaking to release any updates or revisions to any forward-looking statements in this press release as a result of any change in expectations or any change in events, conditions, assumptions or circumstances on which these forward-looking statements are based, except if specifically required to do so by law or regulation. Neither the Company nor its advisers or representatives nor any of its subsidiary undertakings or any such person’s officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward-looking statements contained in this press release or the actual occurrence of the forecasted developments. You should not place undue reliance on forward-looking statements, which speak only as of the date of this press release.