Transparency notification - FMR LLC reaches 10% threshold
October 12 2016 - 4:12PM
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
http://hugin.info/133350/R/2048688/766019.pdf
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