Biocartis Group NV: Invitation to Annual Shareholders' Meeting

PRESS RELEASE: REGULATED INFORMATION10 April 2018, 07:00 CEST

Invitation to Annual Shareholders' Meeting

Biocartis to propose new board composition 

Mechelen, Belgium, 10 April 2018 - Biocartis Group NV (the 'Company' or 'Biocartis'), an innovative molecular diagnostics company (Euronext Brussels: BCART), has the honor to invite its shareholders, warrant holders, directors and statutory auditor to its annual shareholders' meeting that will be held on Friday 11 May 2018 at 2:00 p.m. CEST ('AGM') at the offices of the Company at Generaal de Wittelaan 11B, 2800 Mechelen, Belgium.  

The agenda of the AGM includes the proposal for a new board composition based on the appointment of five new independent board members and the re-appointment of three board members whose current mandates will expire at the closing of the AGM. The proposed board composition will allow for a transition towards a board of directors consisting predominantly of independent directors.

Subject to the AGM approving the proposed resolutions, the board of directors will be composed as follows as from the closing of the AGM:

• Five new independent board members: CRBA Management BVBA, represented by Christian Reinaudo (candidate chairman of the board), Ann-Christine Sundell, Harry Glorikian, CLSCO BVBA, represented by Leo Steenbergen, and Luc Gijsens BVBA, represented by Luc Gijsens. Additional information on the proposed new board candidates is included in the explanatory note prepared by the board of directors which can be found on the Company's website.
• Four existing board members: Herman Verrelst (CEO) and the re-appointment of three board members, i.e. Peter Piot (independent director), Hilde Windels BVBA, represented by Hilde Windels (non-executive director) and Roald Borré (non-executive director).

The board mandates of Gengest BVBA, represented by Rudi Mariën (current chairman of the board), Valetusan Ltd., represented by Rudi Pauwels, Be@dvised BVBA, represented by Renaat Berckmoes, and Shaffar LLC, represented by Mark Shaffar, will expire at the closing of the AGM. Furthermore, Citros vof, represented by Hilde Eylenbosch, has indicated that she will resign from the board with effect as from the closing of the AGM. She will remain active within Biocartis as chief commercial officer.
In order to be admitted to the AGM, the holders of securities issued by the Company must comply with Article 536 of the Belgian Companies Code and the articles of association of the Company, and fulfill the formalities described in the convening notice. The convening notice and other documents relating to the AGM can be consulted on the website of the Company.

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More information:

Renate Degrave
Manager Corporate Communications & Investor Relations
e-mail   [email protected]
tel         +32 15 631 729
mobile   +32 471 53 60 64

About Biocartis 

Biocartis (Euronext Brussels: BCART) is an innovative molecular diagnostics (MDx) company providing next generation diagnostic solutions aimed at improving clinical practice for the benefit of patients, clinicians, payers and industry. Biocartis' proprietary MDx Idylla(TM) platform is a fully automated sample-to-result, real-time PCR (Polymerase Chain Reaction) system that offers accurate, highly reliable molecular information from virtually any biological sample in virtually any setting. Biocartis launched the Idylla(TM) platform in September 2014. Biocartis is developing and marketing a rapidly expanding test menu addressing key unmet clinical needs in oncology and infectious diseases. These areas represent respectively the fastest growing and largest segments of the MDx market worldwide. Today, Biocartis offers fourteen oncology tests and two infectious disease tests in Europe. More information: www.biocartis.com. Press Photo Library available here. Follow us on Twitter: @Biocartis_.

Biocartis and Idylla(TM) are registered trademarks in Europe, the United States and other countries. Biocartis trademark and logo and Idylla(TM) trademark and logo are used trademarks belonging to Biocartis. This press release is not for distribution, directly or indirectly, in any jurisdiction where to do so would be unlawful. Any persons reading this press release should inform themselves of and observe any such restrictions. Biocartis takes no responsibility for any violation of any such restrictions by any person. Please refer to the product labeling for applicable intended uses for each individual Biocartis product. This press release does not constitute an offer or invitation for the sale or purchase of securities in any jurisdiction. No securities of Biocartis may be offered or sold in the United States of America absent registration with the United States Securities and Exchange Commission or an exemption from registration under the U.S. Securities Act of 1933, as amended.

Forward-looking statements

This press release may contain forward-looking statements. Such forward-looking statements are not guarantees of future performance. These forward-looking statements speak only as of the date of this press release. Biocartis expressly disclaims any obligation or undertaking to release any updates or revisions to any forward-looking statements in this press release, except if specifically required to do so by law or regulation. You should not place undue reliance on forward-looking statements.