MECHELEN, BELGIUM--(Marketwire - September 04, 2012) -
Mechelen, Belgium; 4 September 2012 - Galapagos NV (EURONEXT BRUSSELS: GLPG) announced
today that it has received a transparency notification from Johnson &
pursuant to the Belgian transparency legislation (Belgian Act of 2 May
the disclosure of major shareholdings in issuers whose shares are
trading on a regulated market).
Galapagos received a transparency notification on 30 August 2012 from
Johnson and Galapagos co-founders Tibotec-Virco Comm. VA ("Tibotec-
Crucell Holland B.V. ("Crucell"). Johnson & Johnson notified that, as a
of its acquisition of Crucell on 22 February 2011, Johnson & Johnson
held 2,350,061 Galapagos shares through Tibotec-Virco and Crucell,
represents 8.8% of the 26,577,554 Galapagos shares outstanding today. The
number of Galapagos shares held by these entities under Johnson &
control, i.e. Tibotec-Virco (1,113,964 shares) and Crucell (1,236,097
remains unchanged compared to previous notifications made by these
Galapagos (EURONEXT BRUSSELS: GLPG) (PINKSHEETS: GLPYY) is a mid-size
biotechnology company specialized in the discovery and development of
molecule and antibody therapies with novel modes-of-action. The
progressing GLPG0634, as well as one of the largest pipelines in biotech,
four programs in development and over 30 discovery programs. The
Group has over 800 employees and operates facilities in six countries,
global headquarters in Mechelen, Belgium. More info at: www.glpg.com
This release may contain forward-looking statements, including,
limitation, statements containing the words "believes,"
"expects," "intends," "plans," "seeks," "estimates," "may," "will,"
"stands to," and "continues," as well as similar expressions. Such
looking statements may involve known and unknown risks, uncertainties and
factors which might cause the actual results, financial condition,
or achievements of Galapagos, or industry results, to be materially
from any historic or future results, financial conditions,
achievements expressed or implied by such forward-looking statements.
these uncertainties, the reader is advised not to place any undue
such forward-looking statements. These forward-looking statements speak
of the date of publication of this document. Galapagos expressly
obligation to update any such forward-looking statements in this
reflect any change in its expectations with regard thereto or any
events, conditions or circumstances on which any such statement is based,
required by law or regulation.
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Source: Galapagos NV via Thomson Reuters ONE