Mechelen, Belgium; 19 september 2019; 22.01 CET; regulated information - Galapagos NV (Euronext & NASDAQ: GLPG) received a transparency notification from Sands Capital Management, LLC.
Pursuant to Belgian transparency legislation1, Galapagos received a transparency notification on 16 September 2019 from Sands Capital Management, LLC, who notified that it holds 2,803,887 of Galapagos' voting rights in American Depository Receipts. This represents 4.55% of Galapagos' currently outstanding 61,652,086 shares. Sands Capital Management, LLC, thus crossed passively below the 5% threshold of Galapagos' voting rights, due to the share issuance by Galapagos on 23 August 2019. The full transparency notice is available on the Galapagos website.
|Elizabeth Goodwin||Carmen Vroonen|
|VP IR||Senior Director Communications|
|+1 781 460 1784||+32 473 824 874|
|Sofie Van Gijsel||Evelyn Fox|
|Director IR||Director Communications|
|+32 485 19 14 15||+31 6 53 591 999|
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.
- Sands Capital TN Sep 2019_EN (https://ml-eu.globenewswire.com/Resource/Download/1082be19-9f15-4b5f-b71f-1e40c4531110)