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Galapagos NV

Galapagos NV

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Publicatie datum 03 apr 2016 - 10:17
Statutaire naam Galapagos NV
Titel Galapagos increases share capital through warrant exercises
Bericht Mechelen, Belgium; 1 April 2016, 22.00 CET - Galapagos NV (Euronext & NASDAQ: GLPG) announces a share capital increase arising from warrant exercises. Galapagos issued 131,695 new ordinary shares on 1 April 2016, for a total capital increase (including issuance premium) of €1,409,307.45. Pursuant to the rules of the warrant exercise program of Galapagos' Executive Committee adopted in 2013, Executive Committee members automatically are committed to exercise a minimum number of warrants, subject to certain conditions. Accordingly, CEO Onno van de Stolpe exercised 10,000 warrants; two other Executive Committee members exercised an aggregate number of 5,000 warrants. In addition to Onno van de Stolpe, three other Board members exercised an aggregate of 45,470 warrants. Raj Parekh and Harrold van Barlingen exercised warrants to hold them as shares, increasing their shareholdings to 31,250 and 15,620 shares, respectively.