Mechelen, Belgium; 1 February 2016 - Galapagos NV (Euronext & NASDAQ: GLPG) received a transparency notification from Wellington Management Group LLP.
Pursuant to Belgian transparency legislation[1], Galapagos received a transparency notification on 28 January 2016 from Wellington Management Group LLP, who notified that the 2,168,093 Galapagos shares held by its entirely-controlled subsidiary Wellington Management Company LLP on 19 January 2016 represent 4.73% of the current 45,837,043 outstanding Galapagos shares as a result of Galapagos’ most recent capital increase. Wellington Management Group LLC’s shareholding thus passively decreased below the lowest 5% threshold of Galapagos’ voting rights. This is the second transparency notice received from Wellington Management Group LLP, reporting an increased number of shares held since the first notice. The full transparency notice is available for viewing on the Galapagos website.
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 two Phase 2, four Phase 1, five pre-clinical, and 20 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 400 employees, operating from its Mechelen, Belgium headquarters and facilities in The Netherlands, France, and Croatia. More information at www.glpg.com.
