MECHELEN, BELGIUM--(Marketwire - May 23, 2012) - Galapagos NV (Euronext: GLPG) announced
today
that it has received a transparency notification pursuant to the
Belgian
transparency legislation (Belgian Act of 2 May 2007) concerning major
holdings
in Belgian listed companies from Capital Research and Management Company.
Galapagos received a transparency notification on 17 May 2012 from
Capital
Research and Management Company, who acts as investment adviser of
SMALLCAP
World Fund, Inc. (Los Angeles, USA). Capital Research and Management
Company
notified that on 15 May 2012 SMALLCAP World Fund, Inc. held 1,353,176
shares,
which represent 5.10% of the current 26,558,855 outstanding Galapagos
shares.
About Galapagos
Galapagos (Euronext: GLPG; OTC: GLPYY) is a mid-size clinical
stage
biotechnology company specialized in the discovery and development of
small
molecule and antibody therapies with novel modes-of-action. The
Company is
progressing GLPG0634, as well as one of the largest pipelines in biotech,
with
four programs in development and over 50 discovery programs. The
Galapagos
Group has over 800 employees and operates facilities in six countries,
with
global headquarters in Mechelen, Belgium. More info at: www.glpg.com
This release may contain forward-looking statements, including,
without
limitation, statements containing the words "believes,"
"anticipates,"
"expects," "intends," "plans," "seeks," "estimates," "may," "will,"
"could,"
"stands to," and "continues," as well as similar expressions. Such
forward-
looking statements may involve known and unknown risks, uncertainties and
other
factors which might cause the actual results, financial condition,
performance
or achievements of Galapagos, or industry results, to be materially
different
from any historic or future results, financial conditions,
performance or
achievements expressed or implied by such forward-looking statements.
Given
these uncertainties, the reader is advised not to place any undue
reliance on
such forward-looking statements. These forward-looking statements speak
only as
of the date of publication of this document. Galapagos expressly
disclaims any
obligation to update any such forward-looking statements in this
document to
reflect any change in its expectations with regard thereto or any
change in
events, conditions or circumstances on which any such statement is based,
unless
required by law or regulation.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Galapagos NV via Thomson Reuters ONE
[HUG#1614075]
