Galapagos receives transparency notification from Wellington Management Group LLP
October 25 2019 - 4:01PM
Galapagos receives transparency notification from Wellington
Management Group LLP
Mechelen, Belgium; 25 October 2019; 22:01
CET; regulated information – Galapagos NV (Euronext & NASDAQ:
GLPG) received a new transparency notification from Wellington
Management Group LLP.
Pursuant to Belgian transparency legislation1,
Galapagos received a transparency notification on 22 October 2019
from Wellington Management Group LLP, who indicated that, following
a disposal of ordinary shares, the remaining 3,079,573 Galapagos
ordinary shares held by its entirely-controlled subsidiary
Wellington Management Company LLP represent 4.97% of the current
61,953,831 outstanding Galapagos shares and thus, with the ordinary
shares portion of its total position, crossed below the 5%
threshold of Galapagos’ voting rights on 8 October 2019.
In addition, through its wholly owned subsidiary Wellington
Management Company LLP, it now also holds 615,676 American
Depositary Shares and 8,322 equity swaps with expiration in 2020,
bringing the new total number of voting rights for Wellington
Management Group to 3,703,571, which represents 5.98% of total
outstanding shares. 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. The
company’s pipeline comprises Phase 3 through to discovery programs
in inflammation, fibrosis, osteoarthritis and other indications.
Galapagos’ 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.
ContactsInvestors:
Media:Elizabeth
Goodwin
Carmen Vroonen VP
IR
Senior Director Communications+1 781 460
1784
+32 473 824
874
Sofie Van Gijsel
Evelyn FoxDirector IR
Director Communications+32 485 19 14
15
+31 6 53 591
999ir@glpg.com
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
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