Sands Capital reports 5.7% holding in Galapagos
January 08 2019 - 4:02PM
Mechelen,
Belgium; 8 January 2019; 22.01 CET; regulated information -
Galapagos NV (Euronext & NASDAQ: GLPG) received a
transparency notification from Sands Capital Management,
LLC.
Pursuant to Belgian transparency
legislation[1], Galapagos
received a transparency notification on 27 December 2018 from Sands
Capital Management, LLC, who notified that it held 3,092,264 of
Galapagos' voting securities (consisting of American Depository
Shares) on 13 September 2018. On this date, Sands Capital
Management, LLC, crossed the 5% threshold of Galapagos' voting
securities by acquiring additional securities. These 3,092,264
securities represented 6.02% of Galapagos' then outstanding
51,337,763 shares. Since the number of outstanding Galapagos shares
currently stands at 54,465,421, the 3,092,264 securities of Sands
Capital Management currently represent 5.7%. The full transparency
notice is available on the Galapagos website.
About Galapagos
Galapagos (Euronext & NASDAQ: GLPG) discovers and develops
small molecule medicines with novel modes of action, three of which
show promising patient results and are currently in late-stage
development in multiple diseases. Our pipeline comprises Phase 3
through to discovery programs in inflammation, fibrosis,
osteoarthritis and other indications. Our ambition is to become a
leading global biopharmaceutical company focused on the discovery,
development and commercialization of innovative medicines. More
information at www.glpg.com.
Contact
Investors:
Elizabeth Goodwin
VP IR & Corporate Communications
+1 781 460 1784
Sofie Van Gijsel
Director IR
+32 485 19 14 15
ir@glpg.com
Media:
Evelyn Fox
Director Communications
+31 6 53 591 999
communications@glpg.com
[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.
Sands Capital Transparency
notification
This
announcement is distributed by West Corporation on behalf of West
Corporation 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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