ABLYNX ANNOUNCES WARRANT EXERCISE

ABLYNX ANNOUNCES WARRANT EXERCISE

ID: 459000

(Thomson Reuters ONE) -


REGULATED INFORMATION

GHENT, Belgium, 22 March 2016 - Ablynx [Euronext Brussels: ABLX; OTC: ABYLY]
today announced, in conformity with Title II of the Law of 2 May 2007 and the
Royal Decree of 14 February 2008, that an additional 210,741 common shares have
been issued by the Company in exchange for ?740,375.82 as the result of the
exercise of warrants.

As a result of this transaction, Ablynx now has 55,318,806 shares outstanding.

The total number of rights (warrants) to subscribe to not yet issued securities
conferring voting rights currently is 2,285,770 which equals the total number of
voting rights that may result from the exercise of these warrants. Currently
1,000 convertible bonds are outstanding entitling the holders thereof to
7,733,952 shares of the Company in the aggregate, upon conversion of such
convertible bonds.


About Ablynx

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
40 proprietary and partnered programmes in development in various therapeutic
areas including inflammation, haematology, immuno-oncology, oncology and
respiratory disease. The Company has collaborations with multiple pharmaceutical
companies including AbbVie, Boehringer Ingelheim, Eddingpharm, Genzyme, Merck &
Co., Inc., Merck KGaA, Novartis, Novo Nordisk and Taisho Pharmaceutical Co.,
Ltd. The Company is headquartered in Ghent, Belgium. More information can be
found on www.ablynx.com.


For more information, please contact




Ablynx:
Dr Edwin Moses
CEO
t:   +32 (0)9 262 00 07
m: +32 (0)473 39 50 68
e:  edwin.moses(at)ablynx.com

Marieke Vermeersch
Associate Director Investor Relations
t:   +32 (0)9 262 00 82
m: +32 (0)479 49 06 03
e:  marieke.vermeersch(at)ablynx.com
Follow us on Twitter (at)AblynxABLX


Ablynx media relations Instinctif Partners:
Sue Charles, Daniel Gooch
London office
t:   +44 (0)20 7866 7905
e:  ablynx(at)instinctif.com

Belgium/Dutch and French language
Jim Rusagara
Brussels office
t:   +32 (0)2 626 9500
e:  ablynx(at)instinctif.com


pdf format of the press release:
http://hugin.info/137912/R/1996463/735686.pdf



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Ablynx via GlobeNewswire
[HUG#1996463]




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Bereitgestellt von Benutzer: hugin
Datum: 22.03.2016 - 07:01 Uhr
Sprache: Deutsch
News-ID 459000
Anzahl Zeichen: 3370

contact information:
Town:

Ghent/Zwijnaarde



Kategorie:

Business News



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