Takeda notifies 4.48% shareholding in TiGenix

Takeda notifies 4.48% shareholding in TiGenix

ID: 516362

(Thomson Reuters ONE) -


REGULATED INFORMATION
PRESS RELEASE

Takeda notifies 4.48% shareholding in TiGenix


Leuven (Belgium) - January 9, 2017, 7:00h CET - TiGenix NV (Euronext Brussels
and Nasdaq: TIG; "TiGenix") publishes today a transparency notification pursuant
to Article 14 of the Belgian Law of May 2, 2007 regarding the publication of
major holdings in issuers whose securities are admitted to trading on a
regulated market and including various provisions.

Summary of the notification

On January 4, 2017, TiGenix received a transparency notification from related
companies Takeda Pharmaceutical Company Limited/Takeda Pharmaceuticals
International AG, following the acquisition of shares on December 29, 2016,
after which Takeda Pharmaceutical Company Limited (through its subsidiary Takeda
Pharmaceuticals International AG) holds 11,651,778 voting rights in TiGenix
(4.48% of the total number of voting rights). As a result the 3% threshold was
crossed.

Content of the notification

Date of the notification: January 4, 2017.

Reason of the notification: acquisition of voting securities or voting rights.

Persons subject to the notification requirement: related companies Takeda
Pharmaceutical Company Limited (with address at 1-1, Doshomachi 4-Chome, Chuo-
ku, Osaka 540-8645, Japan), who is a parent undertaking/controlling person, and
Takeda Pharmaceuticals International AG (with address at Thurgauerstrasse
130, 8152 Glattpark (Opfikon), Switzerland), who is a controlled person.

Date on which the threshold was crossed: December 29, 2016.

Threshold that was crossed: 3%.

Denominator: 259,956,365.





Details of the notification: following the acquisition of shares, the number of
voting rights was as follows:
* Takeda Pharmaceutical Company Limited held 0 voting securities; and
* Takeda Pharmaceuticals International AG held 11,651,778 voting securities
(4.48% of the total number of voting rights).

Chain of controlled undertakings through which the holdings are effectively
held: Takeda Pharmaceuticals International AG is controlled by Takeda Pharma
A/S, which is controlled by Takeda A/S, which is controlled by Takeda
Pharmaceutical Company Limited and by Takeda Europe Holdings B.V., which is
controlled by Takeda Pharmaceutical Company Limited.

This press release and the above-mentioned transparency notification can be
consulted on our website:
* press release: http://www.tigenix.com/en/pages/11/2017;
* notifications: http://www.tigenix.com/en/page/26/shareholders.


For more information:

TiGenix NV
Claudia D'Augusta
Chief Financial Officer
T: +34 91 804 92 64
claudia.daugusta(at)tigenix.com


About TiGenix

TiGenix NV (Euronext Brussels and Nasdaq: TIG) is an advanced biopharmaceutical
company focused on developing and commercializing novel therapeutics from its
proprietary platforms of allogeneic, or donor-derived, expanded stem cells. Our
lead product candidate from the adipose-derived stem cell technology platform is
Cx601, which is in registration with the European Medicines Agency for the
treatment of complex perianal fistulas in Crohn's disease patients. Our adipose-
derived stem cell product candidate Cx611 has completed a Phase I sepsis
challenge trial and a Phase I/II trial in rheumatoid arthritis. Effective July
31, 2015, TiGenix acquired Coretherapix, whose lead cellular product candidate,
AlloCSC-01, is currently in a Phase II clinical trial in Acute Myocardial
Infarction (AMI). In addition, the second product candidate from the cardiac
stem cell-based platform acquired from Coretherapix, AlloCSC-02, is being
developed in a chronic indication. On July 4, 2016, TiGenix entered into a
licensing agreement with Takeda, a large pharmaceutical company active in
gastroenterology, under which Takeda acquired the exclusive right to develop and
commercialize Cx601 for complex perianal fistulas outside the United States.
TiGenix is headquartered in Leuven (Belgium) and has operations in Madrid
(Spain).



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: TiGenix via GlobeNewswire




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Datum: 09.01.2017 - 07:00 Uhr
Sprache: Deutsch
News-ID 516362
Anzahl Zeichen: 5181

contact information:
Town:

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