Galapagos increases share capital through subscription right exercises
Mechelen, Belgium; 3 December 2021, 22.01 CET; regulated information – Galapagos NV (Euronext & NASDAQ: GLPG) announces a share capital increase arising from subscription right exercises.
Galapagos issued 22,600 new ordinary shares on 3 December 2021, for a total capital increase (including issuance premium) of €578,700.00.
Pursuant to the subscription right exercise program of Galapagos’ management board, members of the management board automatically are committed to exercise a minimum number of subscription rights, subject to certain conditions. In accordance with the rules of this program, one management board member exercised 5,000 subscription rights.
In accordance with Belgian transparency legislation1, Galapagos notes that its total share capital currently amounts to €354,582,005.11, the total number of securities conferring voting rights amounts to 65,552,721, 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 (formerly known as warrants) to subscribe to not yet issued securities conferring voting rights is (i) 8,709,735 subscription rights under several outstanding employee subscription right plans, which equals 8,709,735 voting rights that may result from the exercise of those subscription rights, and (ii) one subscription right issued to Gilead Therapeutics to subscribe for a maximum number of shares that is sufficient to bring the shareholding of Gilead and its affiliates to 29.9% of the actually issued and outstanding shares after the exercise of the subscription right. Galapagos does not have any convertible bonds or shares without voting rights outstanding.
Galapagos NV discovers, develops, and commercializes small molecule medicines with novel modes of action. Our pipeline comprises discovery through Phase 3 programs in inflammation, fibrosis, and other indications. Our ambition is to become a leading global biopharmaceutical company focused on the discovery, development, and commercialization of innovative medicines. More information at www.glpg.com.
VP Investor Relations
+1 781 460 1784
Sofie Van Gijsel
Senior Director Investor Relations
+1 781 296 1143
Director Investor Relations
+32 495 58 46 63
Senior Director Therapeutic Areas Communications
+44 7717 801900
Director Executive Communications
+31 65 3591 999
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
AttachmentTo view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Mandatory Notification of Trade15.8.2022 15:47:26 CEST | Press release
Please refer to the attached form of notification of transaction by primary insider under the DNO ASA Employee Synthetic Share Program. This notification has been submitted pursuant to the Securities Trading Act § 5-12 and MAR Article 19 no. 3. Attachment Form of Notification Settlement of Synthetic Shares Tom Allan
Stevie® Awards Announce Winners in 19th Annual International Business Awards® from Across the Globe15.8.2022 13:00:00 CEST | Press release
3,700 Nominations Were Submitted from Organizations in 67 Nations FAIRFAX, Va., Aug. 15, 2022 (GLOBE NEWSWIRE) -- High-achieving organizations and executives around the world have been recognized as Gold, Silver, and Bronze Stevie® Award winners in The 19th Annual International Business Awards®, the world's only international, all-encompassing business awards program. Winners were selected from more than 3,700 nominations submitted by organizations in 67 nations. A complete list of all 2022 Gold, Silver and Bronze Stevie Award winners by category is available at www.StevieAwards.com/IBA. More than 300 executives worldwide participated on 11 juries to determine the Stevie winners. The top winner of Gold, Silver, and Bronze Stevie Awards is HALKBANK of Istanbul, Turkey with 32. Other winners of multiple Stevie Awards include IBM Corporation (21), LLYC (20), Deutsche Post DHL (19), Abu Dhabi Ports Group (17), Viettel Group (17), OPET (15), Telkom Indonesia (13), ZER (13), Ayala Land Inc.
Bergman & Beving acquires Polartherm15.8.2022 13:00:00 CEST | Press release
Press release Bergman & Beving acquires Polartherm Bergman & Beving has today acquired 80 per cent of the shares in Polartherm Group. Polartherm is a leading player within powerful, mobile heaters for certain niches within industry, construction and aviation. Polartherm has an annual revenue of approximately MEUR 12 with good profitability. The business is based in Luvia and Kokemäki in Finland and has 57 employees. ”Polartherm has a market leading position within mobile heaters with impressive customer base within inter alia the aviation and defence sectors around the world. Our ambition with the company is now to further enhance the growth journey which the company’s management has already initiated”, says Oscar Fredell, Head of Division Tools & Consumables. “We are looking forward to joining Bergman&BevingGroup. Due to its long-term and stable position we consider it a suitable majority owner for Polartherm going forward”, says the managing director and part-owner Pasi Anttila who w
Bergman & Beving förvärvar Polartherm15.8.2022 13:00:00 CEST | Pressemelding
Pressmeddelande Bergman & Beving förvärvar Polartherm Bergman & Beving har idag förvärvat 80 procent av aktierna i Polartherm Group. Polartherm är en ledande aktör inom kraftfulla, mobila värmeaggregat för nischområden inom industri-, bygg- och flygbranscherna. Polartherm omsätter cirka 12 MEUR per år med god lönsamhet. Verksamheten är baserad i Luvia och Kokemäki i Finland och har 57 anställda. ”Polartherm har en marknadsledande position inom mobila värmeaggregat med en imponerande kundbas inom bl.a. flyg- och försvarssektorerna runtom i världen. Vårt mål med bolaget blir nu att förstärka den tillväxtresa som bolagets ledning redan påbörjat”, säger Oscar Fredell, divisionschef Tools & Consumables. ”Vi ser fram emot att bli en del av Bergman&Bevingkoncernen. Med sin långsiktiga och stabila position ser vi dem som en lämplig huvudägare för Polartherm framåt”, säger VD:n och delägaren Pasi Anttila, som fortsätter som VD och minoritetsägare i bolaget. Polartherm kommer att ingå i division
Nordic American Tankers Ltd (NYSE: NAT) – Update on contracts15.8.2022 12:36:19 CEST | Press release
Monday, August 15, 2022 Dear Shareholders and Investors, Below are the latest contracts for our suezmax ships, showing the level of the market. The rates we experience now are far above recent quarters. 12th Aug.: Vessel fixed on subjects to US Oil Major for voyage from Mediterranean to Asia. Time Charter Equivalent (TCE) about USD 60,000 over 35 days 12th Aug.: Vessel fixed on subjects to Asian interests for voyage from AG to Singapore. Time Charter Equivalent (TCE) about USD 19,000 over 36 days 4th Aug.: Vessel fixed to Asian interests for voyage cross Mediterranean. Time Charter Equivalent (TCE) about USD 40,000 over 15 days 3rd Aug.: Vessel fixed to Asian interests for voyage from Red Sea to Asia. Time Charter Equivalent (TCE) about USD 21,500 over 45 days 28th July: Vessel fixed to Asian interests for voyage from AG to Singapore. Time Charter Equivalent (TCE) about USD 46,500 over 26 days 25th July: Vessel fixed to American interests for voyage (positioning voyage) from AG to US G