Sands Capital reports 5.7% holding in Galapagos
January 08 2019 - 4:03PM
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 GalapagosGalapagos (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.
ContactInvestors:Elizabeth GoodwinVP IR &
Corporate Communications +1 781 460 1784Sofie Van GijselDirector
IR+32 485 19 14 15ir@glpg.comMedia:Evelyn FoxDirector
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.pdf
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