2013-01-24 17:45:52 -
In accordance with the rules on financial transparency, Ageas advises today that
its interest exceeded the statutory threshold of 5% of its issued shares and
reached 5.03% on 23 January 2013. This results from the share buy-back operation
initiated on 13 August 2012.
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
four segments: Belgium, United Kingdom, Continental Europe and Asia and
served through a combination of wholly owned subsidiaries and partnerships with
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. It is the market leader in Belgium for individual life and employee
benefits, as well as a leading non-life player, through AG Insurance, and in the
UK, it has a strong presence as the fourth largest player in private car
insurance and the over 50's market. It employs more than 13,000 people and has
annual inflows of more than EUR 17 billion.
+32 (0)2 557 57 37 / +32 (0) 479 79 50 02
+32 (0)2 557 57 33
+31 (0)30 252 53 05
Rue du Marquis 1 - 1000 Brussels - Belgium
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Source: Ageas via Thomson Reuters ONE