GHENT, Belgium, 30 October 2017 - Ablynx NV [Euronext Brussels and Nasdaq: ABLX], a late-stage clinical biopharmaceutical company utilising its proprietary Nanobody® platform to develop treatments for a broad range of therapeutic indications with an unmet medical need, announced today the closing of the underwriters’ option to purchase an additional 1,714,500 ordinary shares in the form of American Depositary Shares ("ADSs") at a price of $17.50 per ADS in its U.S. initial public offering, for additional gross proceeds of $30 million, before underwriting discounts. The underwriters exercised their option to purchase additional ADSs, in full, on October 26, 2017. The aggregate gross proceeds of the offering (including the proceeds of the base offering) amount to $230 million and the aggregate net proceeds of the offering are estimated at $210.2 million. Following the closing of the option and the issue of new shares on 30 October 2017, the share capital of the company amounts to EUR 139,674,249.57 and the total number of outstanding ordinary shares of Ablynx amounts to 74,720,644 ordinary shares.
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