Regulated information - Ageas and Schroders plc: Transparency notification
25 August 2022 - 1:40AM
Regulated information - Ageas and Schroders plc: Transparency
notification
In accordance with the rules on financial
transparency*, Schroders plc has notified Ageas on 19 August 2022
that, on 17 August 2022, its interest has exceeded the statutory
threshold of 3% of the shares issued by Ageas. Its current
shareholding stands at 3.20%.
* 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
about 40,000 people and reported annual inflows close to EUR 40
billion in 2021 (all figures at 100%).
- Read the full press release
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