Galapagos increases share capital through subscription right exercises
Mechelen, Belgium; 19 March 2021, 22.01 CET; regulated information Galapagos NV (Euronext & NASDAQ: GLPG) announces a share capital increase arising from subscription right exercises.
- Mechelen, Belgium; 19 March 2021, 22.01 CET; regulated information Galapagos NV (Euronext & NASDAQ: GLPG) announces a share capital increase arising from subscription right exercises.
- Galapagos issued 99,814 new ordinary shares on 19 March 2021, for a total capital increase (including issuance premium) of 2,258,042.82.
- 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, CEO Onno van de Stolpe exercised 15,000 subscription rights and in total he exercised 41,874 subscription rights.