Hold the Presses is your online newsportal en brings press releases from around the world. Journalists can use it for free, although it is their responsibilty to check the news. Hold the Presses is in no way responsible for the content of the press releases, the Sender is. We hope you enjoy reading the news we bring you on this website. If a message is published that is not acceptable, we apologize. Please contact us and we will remove the message as soon as possible.

Thursday, 18 May 2017

Regulated information - Ageas: Transparency notification

Ageas    

Published: 17:40 CEST 18-05-2017 /GlobeNewswire /Source: Ageas / : AGS /ISIN: BE0974264930

Regulated information - Ageas: Transparency notification

 

In accordance with the rules on financial transparency*, Ageas notifies that on 17 May 2017, its interest has fallen below the threshold of 5% of the shares issued by Ageas. Its current shareholding stands at 3.35%.

Reason for the notification

Acquisition or disposal of voting securities or voting rights

 

Notification by

A parent undertaking or a controlling person

 

Persons subject to the notification requirement

ageas SA/NV

 

Date on which the threshold is crossed

17 May 2017

 

Threshold that is crossed (in %)

5 % shares

 

Denominator

209,399,949

 

Notified details

Voting rights

Previous notification

After the transaction

 

# of voting rights

# of voting rights

% of voting rights

Holders of voting rights

 

Linked to

Not linked to

Linked to

Not linked to

 

securities

the securities

securities

the securities

ageas SA/NV

6,835,754

2,990,466

 

1.43%

 

AG Insurance

47,620

47,620

 

0.02%

 

Ageasfinlux S.A. (related to FRESH)

3,968,254

3,968,254

 

1.90%

 

subtotal

10,851,628

7,006,340

 

3.35%

 

 

TOTAL

7,006,340

 

3.35%

 

 

Chain of controlled undertakings through which the holding is effectively held, if applicable

ageas SA/NV fully owns Ageas Insurance International N.V. that in turn holds 75% of the share capital of AG Insurance SA/NV and 100% of Ageasfinlux S.A.

 

Additional information

The shares related to the FRESH do not bear dividend nor voting rights as long as they are attributed to Ageasfinlux S.A.

 

This press release and the notifications received by Ageas are available on the website.

 

* article 14, paragraph 1 of the law of 2 May 2007 on disclosure of major holdings us provisions.

 

Ageas is a listed international insurance Group with a heritage spanning 190 years. It offers Retail and Business customers Life and Non-Life insurance products designed to suit their specific needs, today and tomorrow. As one of Europe's larger insurance companies, Ageas concentrates its activities in Europe and Asia, which together make up the major part of the global insurance market. It operates successful insurance businesses in Belgium, the UK, Luxembourg, France, Italy, Portugal, Turkey, China, Malaysia, India, Thailand, Vietnam, Laos, Cambodia, Singapore, and the Philippines through acombination of wholly owned subsidiaries and long term partnerships with strong financial institutions and key distributors. Ageas ranks among the market leaders in the countries in which it operates. It represents a staff force of over 40,000 people and reported annual inflows close to EUR 32 billion in 2016 (all figures at 100%).




Pdf version of the press release



This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Ageas, Rue du Marquis - Markiesstraat 1, Brussels 1000, Belgium
If you would like to unsubscribe and stop receiving these e-mails click here.