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Galapagos increases share capital through warrant exercises | ||
By: Nasdaq / GlobeNewswire - 21 Sep 2017 | Back to overview list |
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Mechelen, Belgium; 21 September 2017, 22.00 CET; regulated information - Galapagos NV (Euronext & NASDAQ: GLPG) announces a share capital increase arising from warrant exercises. Galapagos issued 28,100 new ordinary shares on 21 September 2017, for a total capital increase (including issuance premium) of €268,478.00. 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 accordance with Belgian transparency legislation [1] , Galapagos notes that its total share capital currently amounts to €275,287,943.48, the total number of securities conferring voting rights is 50,895,778, 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 4,011,807, 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
Contacts
Investors:
Paul van der Horst
Media:
Forward-looking statements
[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
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Galapagos NV via GlobeNewswire
HUG#2135973
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