Galapagos receives transparency notification from Federated
(Thomson Reuters ONE) -
Mechelen, Belgium; 29 July 2016, 22.00 CET - Galapagos NV (Euronext & NASDAQ:
GLPG) received a transparency notification from Federated Equity Management
Company of Pennsylvania.
Pursuant to Belgian transparency legislation[1], Galapagos received a
transparency notification on 26 July 2016 from Federated Investors, Inc. and
Federated Equity Management Company of Pennsylvania, who notified that funds[2]
managed by Federated Equity Management hold 2,289,479 shares of the 46,109,508
currently outstanding Galapagos shares. On 20 July 2016, a share sale resulted
in a decrease below the 5% notification threshold of Galapagos' voting rights.
The full transparency notice is available 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 Phase 2, Phase 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 Director Communications
+1 781 460 1784 +31 6 53 591 999
communications(at)glpg.com
Paul van der Horst
Director IR & Business Development
+31 6 53 725 199
ir(at)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.
[2] Federated Kaufmann Fund, Federated Kaufmann Fund II and Federated
Kaufmann Small Cap Fund.
This announcement is distributed by GlobeNewswire on behalf of
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(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 GlobeNewswire
[HUG#2031773]
Unternehmensinformation / Kurzprofil:
Datum: 29.07.2016 - 22:00 Uhr
Sprache: Deutsch
News-ID 486399
Anzahl Zeichen: 3675
contact information:
Town:
Mechelen
Kategorie:
Business News
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