Ageas: Transparency notification
In accordance with the rules on financial transparency*, Ageas notifies that on 16 May 2018, its interest has fallen below the threshold of 3% of the shares issued by Ageas. Its current shareholding stands at 2.70%.
Reason for the notificationAcquisition or disposal of voting securities or voting rights Downward crossing of the lowest threshold
Notification byA parent undertaking or a controlling person
Persons subject to the notification requirementageas SA/NV
Date on which the threshold is crossed16 May 2018
Threshold that is crossed (in %)3 %
Denominator203,022,199
Notified details
| A) 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 | ||
| ageas SA/NV | 6,443,750 | 1,456,571 | 0.72% | ||
| AG Insurance SA/NV | 47,620 | 47,620 | 0.02% | ||
| Ageasfinlux S.A. (related to FRESH) | 3,968,254 | 3,968,254 | 1.95% | ||
| subtotal | 10,459,624 | 5,472,445 | 2.70% | ||
| TOTAL | 5,472,445 | 0 | 2.70% | 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 | 0.00% | |||||
| Total A & B | # of voting rights | % of voting rights |
| 5,472,445 | 2.70% |
* article 14, paragraph 1 of the law of 2 May 2007 on disclosure of major holdings us provisions.
Chain of controlled undertakings through which the holding is effectively held, if applicableageas 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.
Additional informationThe shares related to the FRESH do not bear dividend nor voting rights as long as they are attributed to Ageasfinlux S.A.
This press release and the notifications received by Ageas are available on the website.