Ageas and Ping An: Transparency notification
24 Janvier 2022 - 7:30AM
Ageas and Ping An: Transparency notification
Ageas and Ping
An: Transparency
notification
In accordance with the rules on
financial transparency*,
Ping An has notified Ageas
on
21 January
2022 that, on 19 January
2022, its interest has fallen
below the statutory
threshold of 3% of the
shares issued by Ageas. Its current shareholding
stands at 0%.
Reason for the notification
Acquisition or disposal of voting securities or
voting rightsDownward crossing of the lowest threshold
Notification by
A parent undertaking or a controlling person
Persons subject to the notification requirementSee
annex 1a
Date on which the threshold is crossed
19 January 2022
Threshold that is crossed (in %)
3%
Denominator
191,033,128
Notified details
See annex 1 b
Chain of controlled undertakings through which the holding is
effectively held, if applicable
The full chain of command can be found on
https://www.ageas.com/investors/shareholders
This press release and the notifications
received by Ageas are available on the website.
* article 14, paragraph 1 of the law of 2 May
2007 on disclosure of major holdings us provisions.
Ageas is a listed international
insurance Group with a heritage spanning almost 200 years. It
offers Retail and Business customers Life and Non-Life insurance
products designed to suit their specific needs, today and tomorrow.
As one of Europe's larger insurance companies, Ageas concentrates
its activities in Europe and Asia, which together make up the major
part of the global insurance market. It operates successful
insurance businesses in Belgium, the UK, France, Portugal, Turkey,
China, Malaysia, India, Thailand, Vietnam, Laos, Cambodia,
Singapore, and the Philippines through a combination of wholly
owned subsidiaries and long term partnerships with strong financial
institutions and key distributors. Ageas ranks among the market
leaders in the countries in which it operates. It represents a
staff force of over 45,000 people and reported annual inflows of
over EUR 36 billion in 2020 (all figures at 100%).
- Pdf version of the press release
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