On August 29, 2022 Galapagos NV (Euronext & NASDAQ: GLPG) reported that received a transparency notification from FMR LLC (Press release, Galapagos, AUG 29, 2022, View Source [SID1234618752]).
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Pursuant to Belgian transparency legislation1, Galapagos received a transparency notification on 25 August 2022 from FMR LLC, who notified that it holds 3,710,782 of Galapagos’ voting rights, consisting of 3,710,782 ordinary shares. FMR LLC controls investment funds Fidelity Management & Research Company LLC, FIAM Holdings LLC, Fidelity Management Trust Company and Strategic Advisers LLC, of which Fidelity Management & Research Company LLC decreased its position to 3,272,828 voting rights, and Strategic Advisers LLC increased its position to 10,322 voting rights. Hence, the first-mentioned controlled undertaking of the FMR LLC group individually crossed below the 5% threshold. FMR LLC’s holding of 3,710,782 Galapagos’ voting rights, including its controlled undertakings’ holdings, represents 5.65% of Galapagos’ currently outstanding 65,728,511 shares. FMR LLC thus remains above the 5% threshold of Galapagos’ voting rights. The full transparency notice is available on the Galapagos website.