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Galapagos increases share capital via warrant exercises

Galapagos increased its share capital by €4 million through the issuance of 247,070 new ordinary shares in the executive committee's warrant exercise program.

The program requires executive committee members to exercise a minimum number of warrants, subject to certain conditions.

Galapagos CEO Onno van de Stolpe exercised 15,000 warrants, two members exercised a total of 10,000 warrants and another board member exercised 5,400 warrants.

The company's total share capital is €251.5 million, and the total number of securities conferring voting rights is 46,503,148.