Delta Lloyd notify of 9.93% shareholding in Galapagos

MECHELEN, Belgium, Sept. 30, 2013 (GLOBE NEWSWIRE) --

Mechelen, Belgium; 30 September 2013 - Galapagos NV (Euronext: GLPG) announced today that it has received a transparency notification from Delta Lloyd N.V. pursuant to the Belgian transparency legislation (Belgian Act of 2 May 2007 on the disclosure of major shareholdings in issuers whose shares are admitted to trading on a regulated market). Galapagos received a transparency notification on 27 September 2013 from Delta Lloyd N.V. Delta Lloyd notified that on 26 September 2013 entities under their control held 2,954,890 shares, which represent 9.93% of the current 29,755,302 outstanding Galapagos shares. This represents a reduction of Delta Lloyd's participation by 0.15% compared to the previous notification of 3,000,000 shares owned by Delta Lloyd Asset Management N.V. About Galapagos Galapagos (Euronext: GLPG; OTC: GLPYY) is specialized in novel modes-of-action, with a large pipeline of five Phase 2 (two led by GSK), one Phase 1, six pre- clinical, and more than 20 discovery small-molecule and antibody programs in cystic fibrosis, inflammation, antibiotics, metabolic disease, and other indications. AbbVie and Galapagos have an agreement in CF where they work collaboratively to develop and commercialize oral drugs that address two mutations in the CFTR gene, the G551D and F508del mutation. In the field of inflammation, AbbVie and Galapagos have a worldwide license agreement whereby AbbVie will be responsible for further development and commercialization of GLPG0634 after Phase 2B. GLPG0634 is an orally-available, selective inhibitor of JAK1 for the treatment of rheumatoid arthritis and potentially other inflammatory diseases, currently in Phase 2B studies in RA and about to enter Phase 2 studies in Crohn's disease. The Galapagos Group, including fee-for-service companies BioFocus, Argenta and Fidelta, has 800 employees and operates facilities in five countries, with global headquarters in Mechelen, Belgium. Further information at: www.glpg.com CONTACT Galapagos NV Elizabeth Goodwin, Director Investor Relations Tel: +31 6 2291 6240 ir@glpg.com This release may contain forward-looking statements, including, without limitation, statements containing the words "believes," "anticipates," "expects," "intends," "plans," "seeks," "estimates," "may," "will," "could," "stands to," and "continues," as well as similar expressions. Such forward- looking statements may involve known and unknown risks, uncertainties and other factors which might cause the actual results, financial condition, performance or achievements of Galapagos, or industry results, to be materially different from any historic or future results, financial conditions, performance or achievements expressed or implied by such forward-looking statements. Given these uncertainties, the reader is advised not to place any undue reliance on such forward-looking statements. These forward-looking statements speak only as of the date of publication of this document. Galapagos expressly disclaims any obligation to update any such forward-looking statements in this document to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based, unless required by law or regulation. Delta Lloyd notify of 9.93% shareholding in Galapagos : http://hugin.info/133350/R/1732381/579604.pdf [HUG#1732381] Source:Galapagos NV