MECHELEN, Belgium, Sept. 19, 2016 (GLOBE NEWSWIRE) -- Galapagos NV (Euronext & NASDAQ: GLPG) announces a
share capital increase arising from warrant exercises.
Galapagos issued 60,320 new ordinary shares on 19 September 2016, for a total capital increase (including
issuance premium) of €603,289.80.
Pursuant to the warrant exercise program of Galapagos' Executive Committee, Executive Committee members
automatically are committed to exercise a minimum number of warrants, subject to certain conditions. In accordance with the rules
of this program, CEO Onno van de Stolpe exercised 15,000 warrants and two other Executive Committee members exercised an aggregate
number of 10,000 warrants. In addition to Onno van de Stolpe, one other Board member exercised 2,520 warrants.
In accordance with Belgian transparency legislation[1], Galapagos notes that its total share capital
currently amounts to €249,720,553.98, the total number of securities conferring voting rights is 46,169,828, which is also the
total number of voting rights (the "denominator"), and all securities conferring voting rights and all voting rights are of the
same category. The total number of rights (warrants) to subscribe to not yet issued securities conferring voting rights is
3,552,657, which equals the total number of voting rights that may result from the exercise of these warrants. Galapagos does not
have any convertible bonds or shares without voting rights outstanding.
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 Phase 3, 2, 1, pre-clinical and 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 460 employees, operating from its Mechelen,
Belgium headquarters and facilities in The Netherlands, France, and Croatia. More information at www.glpg.com.
Contacts
Investors: |
Media: |
Elizabeth Goodwin |
Evelyn Fox |
VP IR & Corporate
Communications
+1 781 460 1784 |
Director Communications
+31 6 53 591 999
communications@glpg.com
|
Paul van der Horst
Director IR & Business
Development
+31 6 53 725 199 |
|
ir@glpg.com
|
|
Forward-looking statements
This release may contain forward-looking statements. Such forward-looking statements are not guarantees of future results. These
forward-looking statements speak only as of the date of publication of this document. Galapagos expressly disclaims any obligation
to update any forward-looking statements in this document, unless specifically 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
GLPG increases share capital through warrant exercises http://hugin.info/133350/R/2043161/762726.pdf