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Devgen receives several shareholder notifications


Ghent, Belgium
4 January 2013

In accordance with Article 14 of the Act of 2 May 2007 on the disclosure of major shareholdings in listed companies, Devgen NV (Euronext Brussels: DEVG) hereby reports that it has received several transparency declarations as a result of the bid by Syngenta Crop Protection AG on the Company.

Syngenta Crop Protection AG notified the Company that it has crossed the 90% threshold upwards, and it now holds 94.11% of the shares of Devgen NV.

Syngenta AG and Syngenta Crop Protection AG on the one hand, and the following respective parties:

(i) Aat Van Herk, Van Herk Global Agri BV and O.G.B.B.A. Van Herk BV,

(ii) Rudi Mariën and Biovest Comm VA,

(iii) Maurits Cornelis de Ruiter, Wouter Pieter Johannes de Ruiter, Hendrik Dirk de Ruiter Jr and Madeli Participaties BV, and

(iv) Gimv NV, Adviesbeheer Gimv Venture Capital 2010 NV and Biotech Fonds Vlaanderen NV, on the other hand, notified the Company that their agreement to act in concert was terminated upon settlement of the initial acceptance period of Syngenta’s bid on 17 December 2012. The participations of the parties mentioned under (i) to (iv) are now each time 0%.

Furthermore, both Monsanto Company and Water Island Capital LLC notified the Company that they have crossed the 3% threshold downwards.

For further details on the transparency declarations received by the Company, reference is made to the website www.devgen.com (investor relations).



More news from: DevGen NV


Website: http://www.devgen.com

Published: January 4, 2013

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