Galapagos receives transparency notification
MECHELEN, BELGIUM, May 23, 2012 (Menafn - MARKETWIRE via COMTEX) --Galapagos NV announced todaythat it has received a transparency notification pursuant to theBelgiantransparency legislation (Belgian Act of 2 May 2007)concerning major holdingsin Belgian listed companies from CapitalResearch and Management Company.
Galapagos received a transparency notification on 17 May 2012from CapitalResearch and Management Company, who acts as investment adviser of SMALLCAPWorld Fund, Inc. (Los Angeles,USA). Capital Research and Management Companynotified that on 15May 2012 SMALLCAP World Fund, Inc. held 1,353,176 shares,whichrepresent 5.10% of the current 26,558,855 outstanding Galapagosshares.
Galapagos is a mid-size clinical stagebiotechnology company specialized in the discoveryand development of smallmolecule and antibody therapies with novel modes-of-action. The Company is progressing GLPG0634, as wellas one of the largest pipelines in biotech, withfour programs in development and over 50 discovery programs. The GalapagosGroup has over 800 employees and operates facilities in six countries,withglobal headquarters in Mechelen, Belgium. More info at:www.glpg.com
This release may contain forward-looking statements, including, withoutlimitation, 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 andotherfactors which might cause the actual results, financialcondition, performanceor achievements of Galapagos, or industryresults, to be materially differentfrom any historic or future results, financial conditions, performance or achievements expressed or implied by such forward-looking statements.Giventhese uncertainties, the reader is advised not to place anyundue reliance on such forward-looking statements. Theseforward-looking statements speak only as of the date of publicationof this document. Galapagos expressly disclaims any obligation toupdate any such forward-looking statements in this document toreflect any change in its expectations with regard thereto orany change in events, conditions or circumstances on which any suchstatement is based, unlessrequired by law or regulation.
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SOURCE: Galapagos NV
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