Galapagos receives transparency notification from EcoR1 Capital
September 16 2024 - 4:01PM
Mechelen, Belgium; 16 September 2024, 22:01
CET; regulated information – Galapagos NV (Euronext & NASDAQ:
GLPG) received a transparency notification from EcoR1 Capital
LLC.
Pursuant to Belgian transparency legislation1,
Galapagos received a transparency notification on 13 September 2024
on behalf of Mr. Oleg Nodelman and EcoR1 Capital LLC, who notified
that EcoR1 Capital LLC holds 6,713,553 of Galapagos’ voting rights,
consisting of 839,388 ordinary shares and 5,874,165 American
Depository Receipts, further to an acquisition of voting securities
and financial instruments that are treated as voting
securities.
EcoR1 Capital LLC, controlled by Mr. Oleg
Nodelman, controls investment funds EcoR1 Capital Fund Qualified LP
and EcoR1 Capital Fund LP, which all together hold 6,713,553 of
Galapagos’ voting rights. This represents 10.19% of Galapagos’
currently outstanding 65,897,071 shares. EcoR1 Capital LLC thus
crossed above the 10% threshold of Galapagos’ voting rights by
acquisition of voting securities on 10 September 2024. The
transparency notification furthermore specifies that (i) the
6,713,553 voting rights are beneficially owned by clients of EcoR1
Capital Fund Qualified LP and EcoR1 Capital Fund LP and that these
clients include, among others, individuals, endowments, foundations
and pooled investment vehicles, and (ii) EcoR1 Capital LLC is the
discretionary investment advisory manager and exercises the voting
rights of its entities at its discretion in the absence of specific
instructions. The full transparency notification is available on
the Galapagos website.
About GalapagosWe are a
biotechnology company with operations in Europe and the U.S.
dedicated to developing transformational medicines for more years
of life and quality of life. Focusing on high unmet medical needs,
we synergize compelling science, technology, and collaborative
approaches to create a deep pipeline of best-in-class small
molecules and cell therapies in oncology and immunology. With
capabilities from lab to patient, including a decentralized cell
therapy manufacturing network, we are committed to challenging the
status quo and delivering results for our patients, employees, and
shareholders. For additional information, please
visit www.glpg.com or follow us
on LinkedIn or X.
For further information, please
contact:
Media
inquiries:Marieke Vermeersch +32 479 490
603 media@glpg.com Jennifer Wilson +44 7444
896759media@glpg.com |
Investor
inquiries:Sofie Van Gijsel +1 781 296
1143ir@glpg.comSandra Cauwenberghs +32 495 584
663ir@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 and regarding miscellaneous provisions, as
amended from time to time.
- Galapagos receives transparency notification from EcoR1
Capital
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