Galapagos Receives Transparency Notification from Bank of America
Globenewswire·2026-02-16 21:01

Core Viewpoint - Bank of America Corporation has crossed the 5% threshold of voting rights in Galapagos NV, indicating a significant increase in its stake in the company as of February 9, 2026 [1][6]. Summary by Relevant Sections Voting Rights - As of February 11, 2026, Bank of America Corporation, including its affiliates, holds 104,522 voting rights and 3,415,894 equivalent financial instruments, totaling 5.34% of Galapagos' 65,897,071 outstanding shares [2][6]. - The direct voting rights after the transaction are 0.16%, while the equivalent financial instruments account for 5.18%, leading to a total of 5.34% voting rights [3]. Transaction Details - The threshold was crossed on February 9, 2026, with the notification received on February 11, 2026 [6]. - The acquisition was due to the purchase of financial instruments treated as voting securities [6]. Breakdown of Voting Rights - The previous notification indicated no voting rights held by Bank of America Corporation, while after the transaction, the total voting rights held is 104,522, representing 0.16% [5]. - The breakdown of equivalent financial instruments includes various types such as rights to recall and swaps, with a total of 3,415,894 equivalent financial instruments representing 5.18% [7]. Total Voting Rights - The combined total of voting rights and equivalent financial instruments held by Bank of America Corporation is 3,520,416, which constitutes 5.34% of Galapagos' voting rights [7].

Galapagos Receives Transparency Notification from Bank of America - Reportify