Ontex: Transparency Declaration Notification

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

Regulatory News:

Ontex Group NV (BSE:ONTEX) ("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 March 31, 2020, Morgan Stanley notified Ontex that it holds, as a result of the acquisition of equivalent financial instruments, 4,380,377 voting rights attached to equivalent financial instruments in Ontex that may be acquired if all of the instruments are exercised, and so has crossed the 5.00% threshold of the total number of voting rights in Ontex to 5.32%. Morgan Stanley's total holding in Ontex at the time of this disclosure remains above the 5.00% threshold previously disclosed, at 5.51%.

According to its obligation Ontex publishes the content of the notifications that it has received.

Date of Notification: March 31, 2020

Date Threshold Crossed: March 26, 2020

Threshold Crossed: 5.00%

Notification by:

Morgan Stanley

c/o The Corporation Trust Company (DE), Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware, 19801, USA

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

Voting rights and assimilated financial instruments:

Notification of March 31, 2020:

(A) Voting rights	Previous notification	After the transaction
	voting rights	voting rights		of voting rights
Holders of voting rights		Linked to securities	Not linked to securities	Linked to securities	Not linked to securities
Morgan Stanley	0	0	0	0.00%	0.00%
Morgan Stanley Co. International plc	599,606	151,289	0	0.18%	0.00%
Morgan Stanley Europe SE	191,680	3,029	0	0.00%	0.00%
Total	791,286	154,318	0	0.19%	0.00%

(B) Equivalent financial instruments	After the transaction
Holders of equivalent financial instruments	Type of financial instrument	Expiration date	Exercise period or date	of voting rights that may be acquired if the instrument is exercised	of voting rights	Settlement
Morgan Stanley Co. LLC	Right of recall over securities lending agreements	at any time	at any time	59,519	0.07%	physical
Morgan Stanley Co. International plc	Right of recall over securities lending agreements	at any time	at any time	3,128,836	3.80%	physical
Morgan Stanley Europe SE	Right of recall over securities lending agreements	at any time	at any time	1,192,022	1.45%	physical
TOTAL				4,380,377	5.32%

	voting rights	of voting rights
TOTAL (A B)	4,534,695	5.51%

Additional information

Morgan Stanley's total holding in Ontex remains above the 5% threshold previously disclosed however the disclosure obligation arose due to equivalent financial instruments crossing above 5%. At the same time, Morgan Stanley Co. International plc's holding in equivalent financial instruments crossed above the 3% threshold in its own right.

Full chain of controlled undertakings through which the holding is effectively held

Chain of controlled undertakings for Morgan Stanley Co. International plc

• Morgan Stanley Co. International plc, Legal Compliance Department, 25 Cabot Square, Canary Wharf, London, E14 4QA, UNITED KINGDOM. is a direct holder and is a subsidiary of Morgan Stanley Investments (UK)
• Morgan Stanley Investments (UK), 20 Bank Street, Canary Wharf, London, E14 4AD, UNITED KINGDOM. is an indirect holder and is a subsidiary of Morgan Stanley International Limited
• Morgan Stanley International Limited, 25 Cabot Square, Canary Wharf, London, E14 4QA, UNITED KINGDOM. is an indirect holder and is a subsidiary of Morgan Stanley International Holdings Inc.
• Morgan Stanley International Holdings Inc., c/o The Corporation Trust Company (DE), Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware, 19801, USA. is an indirect holder and is a subsidiary of the beneficial owner, Morgan Stanley

Chain of controlled undertakings for Morgan Stanley Europe SE

• Morgan Stanley Europe SE, Grosse Gallusstrasse 18, Frankfurt am Main, 60312, Germany. is a direct holder and is a subsidiary of Morgan Stanley Europe Holding SE
• Morgan Stanley Europe Holding SE, Grosse Gallusstrasse 18, Frankfurt am Main, 60312, Germany. is an indirect holder and is a subsidiary of Morgan Stanley International Limited
• Morgan Stanley International Limited, 25 Cabot Square, Canary Wharf, London, E14 4QA, UNITED KINGDOM. is an indirect holder and is a subsidiary of Morgan Stanley International Holdings Inc.
• Morgan Stanley International Holdings Inc., c/o The Corporation Trust Company (DE), Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware, 19801, USA. is an indirect holder and is a subsidiary of the beneficial owner, Morgan Stanley

Chain of controlled undertakings for Morgan Stanley Co. LLC

• Morgan Stanley Co. LLC, c/o The Corporation Trust Company (DE), Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware, 19801, USA. is a direct holder and is a subsidiary of Morgan Stanley Domestic Holdings, Inc.
• Morgan Stanley Domestic Holdings, Inc., c/o The Corporation Trust Company (DE), Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware, 19801, USA. is an indirect holder and is a subsidiary of Morgan Stanley Capital Management, LLC
• Morgan Stanley Capital Management, LLC, c/o The Corporation Trust Company (DE), Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware, 19801, USA. is an indirect holder and is a subsidiary of the beneficial owner, Morgan Stanley

Notifications of significant shareholdings to be made according to the Law of 2 May 2007 should be sent to: [e-mail]

This notification will be posted on: http://www.ontexglobal.com/press-room

About Ontex
Ontex is a leading international provider of personal hygiene solutions, with expertise in baby care, feminine care and adult care. Ontex's innovative products are distributed in more than 110 countries through Ontex brands such as BBTips, BioBaby, Pompom, Bigfral, Canbebe, Canped, ID and Serenity, as well as leading retailer brands.

Employing some 10,000 passionate people all over the world, Ontex has a presence in 21 countries, with its headquarters in Aalst, Belgium. Ontex is listed on Euronext Brussels and is part of the Bel Mid. To keep up with the latest news, visit www.ontex.com or follow us on LinkedIn, Facebook, Instagram and YouTube.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200406005836/en/

Contacts:

INVESTOR ENQUIRIES
Philip Ludwig
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[e-mail]

PRESS ENQUIRIES
Gaëlle Vilatte
[phone]
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