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Friday, 21 April 2017

Galapagos announces capital increase

Galapagos NV    

Published: 22:01 CEST 21-04-2017 /GlobeNewswire /Source: Galapagos NV / : GLPG /ISIN: BE0003818359

Galapagos announces capital increase

 

Mechelen, Belgium; 21 April 2017, 22.01 CET; regulated information - Galapagos NV (Euronext: GLPG; Nasdaq: GLPG) announces a share capital increase as a result of a public offering of American Depositary Shares.

 

In accordance with Belgian transparency legislation[1], Galapagos notes that its total share capital currently amounts to €274,854,440.18; the total number of securities conferring voting rights is 50,815,648, which is also the total number of voting rights (the "denominator"), and all securities conferring voting rights and all voting rights are of the same category. The total number of rights (warrants) to subscribe to not yet issued securities conferring voting rights is 3,369,337, which equals the total number of voting rights that may result from the exercise of these warrants. Galapagos does not have any convertible bonds or shares without voting rights outstanding.

 

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 Phase 3, 2, 1, pre-clinical and discovery studies 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 510 employees, operating from its Mechelen, Belgium headquarters and facilities in The  Netherlands, France, and Croatia.

 

 

CONTACT

 

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.




GLPG announces capital increase



This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Galapagos NV, Industriepark Mechelen Noord I, zone L
Generaal De Wittelaan L11 A3, Mechelen B-2800 , Belgie
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