Galapagos NV
Brussels : GLPG

September 07, 2012 01:46 ET

The Capital Group Companies notify of 5.85% shareholding in Galapagos

MECHELEN, BELGIUM--(Marketwire - Sep 7, 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:

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.

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Source: Galapagos NV via Thomson Reuters ONE


Contact Information

    Galapagos NV
    Elizabeth Goodwin
    Director Investor Relations
    Tel: +31 6 2291 6240
    Email Contact