Mechelen, Belgium; 6 March 2012 - Galapagos NV (Euronext: GLPG) announced today that it has received a transparency notification pursuant to the Belgian transparency legislation (Belgian Act of 2 May 2007) concerning major holdings in Belgian listed companies from Abingworth Management Limited.
Galapagos received a transparency notification on 2 March 2012 from Abingworth Management Limited, who acts as manager of Abingworth Bioventures III A LP, Abingworth Bioventures III B LP, Abingworth Bioventures III C LP, and Abingworth Bioventures III Executives LP and exercises voting rights for shares owned by those funds. Abingworth notified that on 1 March 2012 it was deemed to hold 1,295,327 shares, which represent 4.90% of the current 26,421,441 outstanding Galapagos shares. This participation represents a decrease from the previous 1,576,327 shares notified by Abingworth in October 2008.
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 50 discovery programs. The Galapagos Group has over 800 employees and operates facilities in six countries, with global headquarters in Mechelen, Belgium. More info at: www.glpg.com
Elizabeth Goodwin, Director Investor Relations
Tel: +31 6 2291 6240
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