GHENT, Belgium, Nov. 18, 2016 (GLOBE NEWSWIRE) -- Ablynx [Euronext Brussels: ABLX; OTC: ABYLY] today announced, in accordance with Article 14 of the Belgian Law of 2 May 2007 regarding the publication of major shareholdings in issuers whose securities are admitted to trading on a regulated market (the "Transparency Law"), that it received a notification of shareholdings from FMR LLC.

FMR LLC has notified Ablynx that the shareholding in Ablynx held through financial instruments by FMR Co., Inc., a subsidiary of Fidelity Management & Research Company, which itself is a subsidiary of FMR LLC (the ultimate parent company), has exceeded the 3% threshold as of 10 November 2016.

According to the notification, FMR Co., Inc.'s holding of Ablynx shares and voting rights through financial instruments has increased to 1,888,006 shares, corresponding to 3.10% of the current 60,921,732 outstanding Ablynx shares (versus 1.92% in the previous notification on 3 October 2016).

FMR LLC (taking into account the holdings of its subsidiary undertakings) currently holds a total of 5,543,898 Ablynx shares, representing 9.10% of the current 60,921,732 outstanding Ablynx shares.

The notified details are presented below:
Name % of shares and voting rights % of shares and voting rights held through financial instruments   Total of both
Shares Voting rights Shares Voting rights Shares Voting rights
FMR LLCFidelity Management & Research CompanyFMR Co., Inc.   3.57 %   3.57 %   3.10 %   3.10 %   6.67 %   6.67 %
FMR LLCFIAM Holdings Corp.Fidelity Institutional Asset Management Trust Company   1.48 %   1.498         1.48 %   1.48 %
FMR LLCFIAM Holdings Corp.FIAM LLC   0.94 %   0.94 %       0.94 %   0.94 %
TOTAL     6.00 %   6.00 %   3.10 %   3.10 %   9.10 %   9.10 %

The holdings attributable to FMR LLC arise from holdings of various undertakings for collective investment that are managed by FMR Co., Inc., Fidelity Institutional Asset Management Trust Company and FIAM LLC, each of which are entities that are subsidiaries of, and controlled by, FMR LLC. These undertakings for collective investment have granted FMR LLC discretionary power to vote on behalf of all their securities in accordance with the FMR LLC board proxy voting policy. FMR LLC is not a controlled undertaking.