In accordance with the rules on financial transparency*, Ageas notifies on 28 April 2016 that on 27 April 2016 its interest has fell below the threshold of 5% of the shares issued by Ageas. Its current shareholding stands at 3.13%.
Reason for the notification
Acquisition or disposal of voting securities or voting rights
A parent undertaking or a controlling person
Persons subject to the notification requirement
Date on which the threshold is crossed
27 April 2016
Threshold that is crossed (in %)
|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|
|Ageasfinlux (related to FRESH)||3,968,254||3,968,254||-||1.83%||-|
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.
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.
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 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 40,000 people and reported annual inflows close to EUR 30 billion in 2015 (all figures at 100%).