• Ageas and Schroders plc: Transparency notification

    Source: Nasdaq GlobeNewswire / 18 Nov 2021 11:40:00   America/New_York

    Ageas and Schroders plc: Transparency notification

    In accordance with the rules on financial transparency*, Schroders plc has notified Ageas on 16 November 2021 that, on 15 November 2021, its interest has exceeded the statutory threshold of 3% of the shares issued by Ageas. Its current shareholding stands at 3.02%.

    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
    See annex 1a

    Date on which the threshold is crossed
    15 November 2021

    Threshold that is crossed (in %)
    3% shares

    Denominator
    191,033,128

    Notified details
    See annex 1 b

    Chain of controlled undertakings through which the holding is effectively held, if applicable
    The full chain of command can be found on https://www.ageas.com/investors/shareholders

    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 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 of over EUR 36 billion in 2020 (all figures at 100%).

    Attachment


Share on,