Ageas discloses new denominator, as required by transparency legislation
(Thomson Reuters ONE) -
Following the conversion of Mandatory Convertible Securities (MCS) on 7 December
2010, the number of current voting rights (the 'denominator') has changed and
now amounts to 2,623,380,817.
The denominator is now as follows:
Issued shares with voting rights 2,458,384,994
Rights and obligations arising from the conversion of hybrid 164,995,823
securities
--------------------------------------------------------------------------------
Total 2,623,380,817
The topic 'Rights and obligations arising from the conversion of hybrid
securities' concerns 164,995,823 bonds exchangeable into already issued shares
that bore no entitlement to dividend or to vote until the effective conversion.
This number of already issued shares is divided as follows:
o 39,682,540 shares have been issued in relation to the issue by
Ageasfinlux of subordinated hybrid securities exchangeable for shares - referred
to as FRESH;
o 125,313,283 shares have been issued in relation to the issue by Fortis
Bank of subordinated hybrid securities exchangeable for shares - referred to as
CASHES.
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 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
Pdf version press release:
http://hugin.info/134212/R/1476302/412408.pdf
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(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#1476302]
Unternehmensinformation / Kurzprofil:
Datum: 30.12.2010 - 17:31 Uhr
Sprache: Deutsch
News-ID 50137
Anzahl Zeichen: 3579
contact information:
Town:
Brussel
Kategorie:
Business News
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