MECHELEN, BELGIUM--(Marketwire - September 07, 2012) - Galapagos NV (Euronext: GLPG) announced
today that it has received a transparency notification from The Capital
Group
Companies, Inc., pursuant to Belgian legislation[1].
Galapagos received a transparency notification on 5 September 2012
from The
Capital Group Companies, Inc. ("The Capital Group Companies"), a holding
company
of which Capital Research and Management Company is an affiliate. As a
result
of a corporate reorganization of The Capital Group Companies and its
affiliates,
ownership of Galapagos' securities is no longer reported by Capital
Research and
Management Company; instead, reports are now filed by The Capital
Group
Companies.
The Capital Group Companies has given notification of a holding of
1,554,436
Galapagos shares, which represents 5.85% of the 26,577,554 Galapagos
shares
outstanding today. This is an increase from the 1,353,176 shares reported
in a
notification previously made by Capital Research and Management Company.
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 30 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.
([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.
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#1639237]
