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Galapagos Receives Transparency Notifications from Bank of America
Globenewswire· 2026-03-10 21:01
Core Viewpoint - Galapagos NV received transparency notifications from Bank of America regarding changes in its voting rights holdings, indicating fluctuations around the 5% threshold for equivalent financial instruments related to Galapagos' voting rights [1][6]. Summary by Relevant Sections Voting Rights - On March 3, 2026, Bank of America fell below the 5% threshold for voting rights, holding 1.00% directly and 4.70% through equivalent financial instruments, totaling 5.70% [3][10]. - On March 4, 2026, Bank of America crossed back above the 5% threshold, holding 0.51% directly and 5.30% through equivalent financial instruments, totaling 5.80% [2][3]. Equivalent Financial Instruments - As of March 6, 2026, Bank of America held 3,489,591 equivalent financial instruments, representing 5.30% of Galapagos' voting rights [2][7]. - The breakdown of equivalent financial instruments includes various types such as rights to recall and swaps, with significant holdings in rights of use [7][11]. Notifications and Compliance - The notifications from Bank of America were made in compliance with Belgian transparency legislation, detailing the reasons for the changes in holdings as acquisitions or disposals of financial instruments treated as voting securities [6][10]. - The total number of voting rights held by Bank of America, including its affiliates, was reported as 335,202, which is 5.80% of the total outstanding shares of 65,897,071 [2][6]. Company Overview - Galapagos is a biotechnology company focused on developing medicines for serious diseases, particularly in oncology and immunology, utilizing a flexible asset selection approach to drive value for patients and shareholders [12].
Participation notifications by Morgan Stanley
Globenewswire· 2025-09-26 15:45
Group 1 - Morgan Stanley has crossed the 3% threshold in voting rights for Solvay, with a reported 3.13% after the transactions on September 18, 2025, and September 22, 2025 [1][5] - The total number of shares considered for the voting rights calculation is 105,876,416 [5] - The notifications indicate that the changes in voting rights were due to the acquisition or disposal of financial instruments treated as voting securities [5] Group 2 - Solvay is a leading chemical company with a history dating back to 1863, focusing on sustainable solutions across various sectors [3] - The company reported net sales of €4.7 billion in 2024 and employs approximately 9,000 people [3] - Solvay is committed to achieving a carbon-neutral future by 2050, emphasizing sustainability and innovation in its operations [3]