Judgment of the Commercial Court related to the MCS published on the Ageas website
(Thomson Reuters ONE) -
The judgment of the Commercial Court of Brussels dated 8/11/2010 related to the
Mandatory Convertible Securities (MCS) is published on the websitewww.ageas.com.
On 8 November 2010, a general meeting of holders of the MCS took place in
Brussels.
As a consequence of the judgment rendered the same day by the President of the
Commercial Court of Brussels acting in summary proceedings, the effects of the
decisions of this meeting are suspended as well as any other decision that would
be taken by the MCS holders' general meeting with a view to changing the MCS
maturity date of 7 December 2010 or to preventing the conversion into Ageas
shares on 7 December 2010 (see press release of 8 November 2010).
Link to the (French) text of the above mentioned judgment:
http://www.ageas.com/Documents/Refere_TC_MCS_08112010.pdf
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. They are grouped
around four segments: Belgium, United Kingdom, Continental Europe and Asia. It
is an undisputed leader in the Belgian market for individual life and employee
benefits, as well as a leading non-life player, through AG Insurance.
Internationally Ageas has a strong presence in the UK, where it is the third
largest player in private car insurance. The company also has subsidiaries
in France, Germany, Ukraine and Hong Kong. Ageas has a track record in
developing partnerships with strong financial institutions and key distributors
in different markets around the world and successfully operates partnerships in
Luxembourg, Italy, Portugal, China, Malaysia, India and Thailand. Ageas employs
more than 11,000 people and has annual inflows of almost EUR 16 billion.
Press contact
+32 (0)2 557 57 37
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
[HUG#1460457]
Pdf version press release:
http://hugin.info/134212/R/1460457/399625.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
Unternehmensinformation / Kurzprofil:
Datum: 09.11.2010 - 14:01 Uhr
Sprache: Deutsch
News-ID 48575
Anzahl Zeichen: 3157
contact information:
Town:
Brussel
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 211 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Judgment of the Commercial Court related to the MCS published on the Ageas website"
steht unter der journalistisch-redaktionellen Verantwortung von
Ageas (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
