Ageas and Amundi SA: Transparency notification
September 03 2024 - 10:40AM
UK Regulatory
Ageas and Amundi SA: Transparency notification
Ageas and Amundi SA: Transparency notification
In accordance with the rules on financial
transparency*, Amundi SA has notified Ageas on 30 August 2024 that,
on 28 August 2024, its interest has fallen below the statutory
threshold of 3% of the shares issued by Ageas. Its current
shareholding stands at 2.89%.
Reason for the notification
Downward crossing of the lowest threshold
Acquisition or disposal of voting securities or
voting rights
Notification by
A parent undertaking or a controlling person
Persons subject to the notification requirement
See annex 1a
Date on which the threshold is crossed
28 August 2024
Threshold that is crossed (in %)
3%
Denominator
187,971,187
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
Additional information
Amundi Asset Management SAS is the discretionary investment manager
and exercises the voting rights at its discretion in the absence of
specific instructions. Amundi Japan Ltd has not delegated voting to
the Corporate Governance Team of Amundi Asset Management SAS.
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 200 years. It offers
Retail and Business customers Life and Non-Life insurance products
designed to suit their specific needs, today and tomorrow, and is
also engaged in reinsurance activities. 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, Portugal, Türkiye, 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 50,000
people and reported annual inflows of EUR 17.1 billion in 2023.
- Read the full press release
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