Galapagos NV (UK) (GB:0JXZ) has released an update.
Galapagos NV has created over 1.6 million new subscription rights aimed at benefiting its employees across various subsidiaries under three different plans, with an exercise term of eight years and a set exercise price based on the closing share price. These rights, which enable beneficiaries to subscribe to new shares, are part of the company’s commitment to incentivize and reward its personnel, and contribute to its long-term growth strategy.
For further insights into GB:0JXZ stock, check out TipRanks’ Stock Analysis page.
