Subsequent events
The Galapagos group
On 20 March 2018, 298,184 warrants were exercised (with an average exercise price of €13.16 per warrant) of which 15,000 warrants were exercised by our CEO, 115,000 warrants by other members of our executive committee, and 13,800 warrants by other members of our board of directors. This resulted in a share capital increase (including issuance premium) of €3,9 million and the issuance of 298,184 new ordinary shares. The closing price of our share on 20 March 2018 was €83.72.