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ageas SA/NV
Major Shareholding Notification • May 26, 2020
3905_mrq_2020-05-26_1337e9f7-4deb-4f5a-bef7-c79f017a5693.pdf
Major Shareholding Notification
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PRESS RELEASE
Brussels, 26 May 2020 – 17:40 (CET)
Ageas: Transparency notification
In accordance with the rules on financial transparency*, Ageas notifies that on 20May 2020, its interest has fallen below the threshold of 5% of the shares issued by Ageas. Its current shareholding stands at 3.48%.
Reason for the notification Passive crossing of a threshold
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 20 May 2020
Threshold that is crossed (in %) 5 %
Denominator 194,553,574
Notified details See annex 1a
Chain of controlled undertakings through which the holding is effectively held, if applicable
ageas SA/NV fully owns Ageas Insurance International NV 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.
* article 14, paragraph 1 of the law of 2 May 2007 on disclosure of major holdings us provisions.
REGULATED INFORMATION
EURONEXT BRUSSELS Ticker: AGS ISIN: BE0974264930
MEDIA CONTACT +32 (0)2 557 57 36
INVESTOR RELATIONS +32 (0)2 557 57 32
Ageas Rue du Marquis 1 1000 Brussels - Belgium www.ageas.com
@AgeasGroup
ANNEX 1a
| A) Voting rights | Previous notification | After the transaction | |||
|---|---|---|---|---|---|
| # of voting rights | # of voting rights | % of voting rights | |||
| Holders of voting rights | Linked to securities | Not linked to the securities |
Linked to securities |
Not linked to the securities |
|
| AG Insurance SA/NV | 30,745 | 30,745 | 0.02% | ||
| ageas SA/NV | 8,687,932 | 5,377,802 | 2.76% | ||
| Ageasfinlux S.A. (related to FRESH) | 1,369,048 | 1,369,048 | 0.70% | ||
| Subtotal | 10,087,725 | 6,777,595 | 3.48% | ||
| TOTAL | 6,777,595 | 0 | 3.48% | 0.00% |
| B) Equivalent financial instruments | After the transaction | |||||
|---|---|---|---|---|---|---|
| Holders of equivalent financial instruments |
Type of financial instrument | Expiration date Exercise period or date |
# of voting rights that may be acquired if the instrument is exercised |
% of voting rights | Settlement | |
| TOTAL | 0 | 0 |
| TOTAL (A & B) | # of voting rights % of voting rights | ||
|---|---|---|---|
| CALCULATE | 6,777,595 | 3.48% |
This press release and the notifications received by Ageas are available on the website.
Ageas is a listed international insurance Group with a heritage spanning almost 200 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, France, Portugal, Turkey, China, Malaysia, India, Thailand, Vietnam, Laos, Cambodia, Singapore, and the Philippines through a combination 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 45,000 people and reported annual inflows close to EUR 36 billion in 2019 (all figures at 100%).