Regulated information - Ageas communicates on revised total number of issued shares
(Thomson Reuters ONE) -
Following the cancellation of the shares bought back during the buy-back
programme launched in August 2011, the total number of issued shares (the
'denominator') has fallen to 2,431,212,726.
At the end of January Ageas completed its share buy-back programme for a total
amount of EUR 250 million, representing 192,168,091 shares. The General Meetings
of Shareholders already approved at the end of April 2012 the cancellation of
these shares but the Dutch law allows for a 2 month period of objection. As this
period is now at an end, the shares have been cancelled, and as a result, the
total amount of issued shares is reduced to 2,431,212,726. As from today, this
number will be used to calculate percentage shareholdings.
As a further consequence, and in accordance with the rules on financial
transparency, Ageas confirms that its interest fell below the threshold of 3% on
29 June 2012.
The transparency information is available on the Ageas website under "Investor
relations - The share - Transparency requirements"
(http://www.ageas.com/en/Pages/transparency_requirements.aspx).
Ageas is an international insurance company 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 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 third 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.
MEDIA CONTACT
+32 (0)2 557 57 37 / +32 (0) 479 79 50 02
INVESTOR RELATIONS
Brussels
+32 (0)2 557 57 33
Utrecht
+31 (0)30 252 53 05
Ageas
Rue du Marquis 1 - 1000 Brussels - Belgium
Archimedeslaan 6 - 3584 BA Utrecht - The Netherlands
www.ageas.com
Notification:
http://hugin.info/134212/R/1622732/518635.pdf
Pdf version press release:
http://hugin.info/134212/R/1622732/518634.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Ageas via Thomson Reuters ONE
[HUG#1622732]
Unternehmensinformation / Kurzprofil:
Datum: 29.06.2012 - 07:31 Uhr
Sprache: Deutsch
News-ID 161268
Anzahl Zeichen: 3499
contact information:
Town:
Brussel
Kategorie:
Business News
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