Transparency notification - FMR LLC reaches 10% threshold
October 12 2016 - 4:00PM
Mechelen, Belgium;
12 October 2016, 22.00 CET - Galapagos NV (Euronext &
NASDAQ: GLPG) received a transparency notification from Fidelity
Management & Research (FMR) LLC.
Pursuant to Belgian transparency
legislation[1], Galapagos
received a transparency notification on 7 October 2016 from FMR
LLC, who notified that it holds 4,616,982 of Galapagos' voting
rights, consisting of shares (4,580,182) and equivalent financial
instruments (36,800), through its subsidiary undertakings Fidelity
Management & Research Company and FMR Co., Inc. This represents
10% of Galapagos' currently outstanding 46,169,828 shares, and is
an increase compared to FMR LLC's previous transparency
notification of 19 May 2015. FMR LLC reached the 10% threshold of
Galapagos' voting rights by acquiring additional voting securities
on 3 October 2016. The full transparency notice is available on the
Galapagos website.
About
Galapagos
Galapagos (Euronext & NASDAQ: GLPG) is a clinical-stage
biotechnology company specialized in the discovery and development
of small molecule medicines with novel modes of action. Our
pipeline comprises a pipeline of Phase 3, Phase 2, Phase 1,
pre-clinical, and discovery programs in cystic fibrosis,
inflammation, fibrosis, osteoarthritis and other indications. We
have discovered and developed filgotinib: in collaboration with
Gilead we aim to bring this JAK1-selective inhibitor for
inflammatory indications to patients all over the world. Galapagos
is focused on the development and commercialization of novel
medicines that will improve people's lives. The Galapagos group,
including fee-for-service subsidiary Fidelta, has approximately 460
employees, operating from its Mechelen, Belgium headquarters and
facilities in The Netherlands, France, and Croatia. More
information at www.glpg.com.
Contacts
Investors: |
Media: |
Elizabeth Goodwin |
Evelyn Fox |
VP IR & Corporate
Communications
+1 781 460 1784 |
Director Communications
+31 6 53 591 999
communications@glpg.com |
Paul van der Horst
Director IR & Business
Development
+31 6 53 725 199 |
|
ir@glpg.com |
|
Forward-looking
statements
This release may contain forward-looking
statements. Such forward-looking statements are not guarantees of
future results. These forward-looking statements speak only as of
the date of publication of this document. Galapagos expressly
disclaims any obligation to update any forward-looking statements
in this document, unless specifically required by law or
regulation.
[1]
Belgian Act of 2 May 2007 on the disclosure of
major shareholdings in issuers whose shares are admitted to trading
on a regulated market.
Transparency notification
FMR
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Galapagos NV via Globenewswire
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