Fortis holding and UBS AG - Notification
(Thomson Reuters ONE) - In accordance with the rules on financial transparency, UBS AG sent anotification on 1 December 2009 that its interest has fallen belowthe statutory threshold of 3% of the shares issued by Fortis.On 25 November 2009 UBS AG held no Fortis shares anymore.A copy of the notification form from UBS AG is attached to this pressrelease.The notifications received by Fortis are available on the Fortiswebsite under "Investor relations - The share - Transparencyrequirements"(http://www.fortis.com/Shareholders/transparency_requirements.asp).Fortis consists of (1) a 75% ownership of AG Insurance, (2) FortisInsurance International, (3) a 45% stake in Royal Park Investments -a structured credit portfolio entity - and (4) financial assets andliabilities of various financing vehicles. AG Insurance is overallmarket leader and a leading player in the Employee Benefits market.The international insurance activities (Fortis InsuranceInternational) are located in the UK, where Fortis is the thirdlargest player in the market for private car insurance, France, HongKong, Luxembourg (Non-Life), Germany, Turkey, Russia, Ukraine andjoint ventures in Luxembourg (Life), Portugal, with MillenniumbcpFortis being a clear market leader, China, Malaysia, India andThailand. Fortis currently employs over 10,000 people.Press Contacts:Brussels: +32 (0)2 565 22 66Investor Relations:Brussels: +32 (0)2 565 53 78 Utrecht: +31 (0)30 226 65 66http://hugin.info/134212/R/1358769/330947.pdfhttp://hugin.info/134212/R/1358769/330948.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Bereitgestellt von Benutzer: hugin
Datum: 02.12.2009 - 17:30 Uhr
Sprache: Deutsch
News-ID 9172
Anzahl Zeichen: 0
contact information:
Town:
London
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 426 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Fortis holding and UBS AG - Notification"
steht unter der journalistisch-redaktionellen Verantwortung von
FORTIS (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).