Galapagos receives transparency notification from FMR LLC

Pursuant to Belgian transparency legislation¹, Galapagos received a transparency notification on 9 January 2023 from FMR LLC, who notified that it holds 3,903,804 of Galapagos’ voting rights, consisting of 3,801,504 ordinary shares and 102,300 equivalent financial instruments. FMR LLC controls investment funds Fidelity Management & Research Company LLC, FIAM Holdings LLC, FIAM LLC, Fidelity Management Trust Company, Fidelity Advisory Holdings LLC, Strategic Advisers LLC, and Fidelity Institutional Asset Management Trust Company, of which Fidelity Management & Research Company LLC decreased its position to 3,283,692 voting rights, Strategic Advisers LLC increased its position to 792 voting rights and Fidelity Institutional Asset Management Trust Company acquired 403 voting rights. In addition, Fidelity Management & Research Company LLC acquired 102,300 equivalent financial instruments (stock loan).

Hence, the first-mentioned controlled undertaking of the FMR LLC group individually crossed below the 5% threshold. FMR LLC`s holding of 3,903,804 Galapagos` voting rights, including its controlled undertakings’ holdings, represents 5.93% of Galapagos` currently outstanding 65,835,511 shares. FMR LLC thus remains above the 5% threshold of Galapagos’ voting rights. The full transparency notice is available on the Galapagos website.