2013-02-26 17:42:29 -
In accordance with the rules on financial transparency, Franklin Mutual
Advisers, LLC sent a notification on 21/2/2013 advising that, on 20/02/2013, its
interest has fallen below the statutory threshold of 3% of the shares issued by
Ageas and reached 2.99%.
The notifications received by Ageas are available on the Ageas website under
"Investor relations - The share - Transparency requirements"
Ageas is an international insurance group with a heritage spanning more than
180 years. Ranked among the top 20 insurance companies in Europe, Ageas has
chosen to concentrate its business activities in Europe and Asia, which together
make up the largest share of the global insurance market. These are grouped
around four segments: Belgium, United Kingdom, Continental Europe and Asia and
served through a combination of wholly owned subsidiaries and
strong financial institutions and key distributors around the world. Ageas
operates successful partnerships in Belgium, UK, Luxembourg, Italy, Portugal,
Turkey, China, Malaysia, India and Thailand and has subsidiaries in France, Hong
Kong and UK. Ageas is the market leader in Belgium for individual life and
employee benefits, as well as a leading non-life player through AG Insurance. In
the UK, Ageas has a strong presence as the fourth largest player in private car
insurance and the over 50's market. Ageas employs more than 13,000 people and
has annual inflows of more than EUR 21 billion.
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Source: Ageas via Thomson Reuters ONE