DGAP-Adhoc

Galapagos Holding S.A: NOTIFICATION TO BONDHOLDERS

Galapagos Holding S.A / Key word(s): Acquisition

26.09.2016 17:55

Disclosure of an inside information according to Article 17 MAR,
transmitted by EQS - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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NOTIFICATION TO BONDHOLDERS

Galapagos Holding S.A.
Société Anonyme
Registered Office: 2C Rue Albert Borschette
L-1246 Luxembourg
R.C.S. Luxembourg: B 186 312

7.000% Senior Notes due 2022
ISIN Code: XS1071420027; XS1072200204

Galapagos Holding S.A.: Sale of subsidiary and conditional redemption of
EUR191,550,000 Senior Secured Floating Rate Notes

Galapagos Holding S.A. (Galapagos Holding), a portfolio company of Triton
Fund IV (Fund IV) announced that Fund IV has entered into a binding
agreement to acquire Fläkt Woods Group, a leading player in the European
HVAC market. The transaction has been cleared by the relevant merger
control authorities and is expected to be legally completed on or before
October 12, 2016.

Following completion of the acquisition, DencoHappel Holding GmbH, an air
treatment company, will be transferred into the same structure as the Fläkt
Woods Group from Galapagos BidCo S.à r.l. (Galapagos), a subsidiary of
Galapagos Holding, at a total purchase price of EUR255,400,000.

Galapagos S.A., a subsidiary of Galapagos Holding, will use an amount of
EUR191,550,000 to effect a conditional redemption of a portion of its
Senior Secured Floating Rate Notes (the Senior Notes), subject to the
closing of the transaction and will reinvest EUR63,850,000 in the combined
Fläkt Woods / DencoHappel group.

This release constitutes a public disclosure of inside information pursuant
to Article 17 of the EUR Market Abuse Regulation in respect of the Senior
Secured Floating Rate Notes issued by Galapagos Holding S.A. This
notification was made by Antonios Tzanetis, Galapagos S.A. on 26 September
at 15:00.

26 September 2016

Galapagos Holding SA


26.09.2016 The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language: English
Company: Galapagos Holding S.A
2C, rue Albert Borschette
L-1246 Luxembourg
Grand Duchy of Luxembourg
Phone: [phone]
Fax:
E-mail: [e-mail]
Internet:
ISIN: XS1071420027, XS1071420027
WKN: A1ZJ87
Listed: Luxemburg

End of Announcement EQS News-Service

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