Company: BLRX
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001178913-25-001123
Chunk: 157

Company: BioLineRx Ltd.
Filing Date: 2025-03-31
Form: 20-F
Item: Item 3
Chunk 157
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ing of options
if both a change of control of the Company occurs and, following such change of control, the officer’s employment is terminated
or there is a significant demotion in the officer’s new job or position.

87

F. Disclosure of a registrant’s action to recover erroneously
awarded compensation.

There was no erroneously awarded compensation that was required
to be recovered pursuant to the BioLineRx Ltd. Executive Officer Clawback Policy during the fiscal year ended December 31, 2024.

ITEM 7. MAJOR SHAREHOLDERS
AND RELATED PARTY TRANSACTIONS

A. Major Shareholders

The following table sets forth information with respect to the
beneficial ownership of our ordinary shares as of March 16, 2025 by:

  each of our directors and senior management;  

  all of our directors and senior management as a group; and  

  each person (or group of affiliated persons) known by us to be the beneficial owner  

The following table sets forth information regarding the beneficial
ownership of our outstanding ordinary shares as of March 16, 2025 of each of our current directors and executive officers individually
and as a group. The percentages shown are based on 2,232,601,990 ordinary shares issued and outstanding as of March 26, 2025.
Beneficial ownership is determined in accordance with the rules of the SEC and generally includes voting power or investment power with
respect to securities. All ordinary shares subject to options currently exercisable or exercisable into ordinary shares within 60
days of March 26, 2025, and underlying restricted stock units, or RSUs, and performance stock units, or PSUs, that shall vest within 60
days of March 26, 2025, are deemed to be outstanding and beneficially owned by the shareholder holding such options or PSUs for the purpose
of computing the number of shares beneficially owned by such shareholder. Such shares are also deemed outstanding for purposes of computing
the percentage ownership of the person holding the option or PSU. They are not, however, deemed to be outstanding and beneficially owned
for the purpose of computing the percentage ownership of any other shareholder.

                                                                         Number of                                         
                                                                         Ordinary Shares                                   
                                                                         Beneficially                          Percent of  
                                                                         Held                                  Class       
  5% or Greater Shareholder                                                                                                
  Hong Seng Technology Limited (1)                                                            102,437,055      4.6         
  Intracoastal Capital LLC (