AGS Ageas SA/NV

Ageas and Amundi SA: Transparency notification

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

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 and the notifications received by Ageas are available on the . 

* 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.

Attachment



EN
03/09/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Ageas SA/NV

 PRESS RELEASE

Ageas announces the Ordinary and Extraordinary General Meetings of Sha...

Ageas announces the Ordinary and Extraordinary General Meetings of Shareholders of ageas SA/NV  Ageas announces the Ordinary and Extraordinary General Meetings of Shareholders of ageas SA/NV As the quorum required for the Extraordinary General Meeting of Shareholders of Wednesday 22 April 2026 will not be attained, ageas SA/NV is organising the Ordinary and Extraordinary General Meetings of Shareholders (the "Meeting") on Wednesday 20 May 2026 at 10:30am. The Meeting is being held at the Auditorium of AG Insurance, AG Campus, in 1000 Brussels, Rue du Pont Neuf 17. The general conditions ...

 PRESS RELEASE

Ageas annonce les Assemblées Générales Ordinaire et Extraordinaire des...

Ageas annonce les Assemblées Générales Ordinaire et Extraordinaire des Actionnaires d’ageas SA/NV  Ageas annonce les Assemblées Générales Ordinaire et Extraordinaire des Actionnaires d’ageas SA/NV Étant donné que le quorum requis pour l’Assemblée Générale Extraordinaire des Actionnaires du mercredi 22 avril 2026 ne sera pas atteint, ageas SA/NV organisera les Assemblées Générales Ordinaire et Extraordinaire des Actionnaires (« l’Assemblée ») le mercredi 20 mai 2026 à 10h30. L’Assemblée se tiendra à l’Auditorium d’AG Insurance, AG Campus, Rue du Pont Neuf 17 à 1000 Bruxelles. Les modalités...

 PRESS RELEASE

Ageas kondigt de Gewone en Buitengewone Algemene Vergaderingen van Aan...

Ageas kondigt de Gewone en Buitengewone Algemene Vergaderingen van Aandeelhouders van ageas SA/NV aan  Ageas kondigt de Gewone en Buitengewone Algemene Vergaderingen van Aandeelhouders van ageas SA/NV aan Aangezien het vereiste quorum voor de Buitengewone Algemene Vergadering van Aandeelhouders van woensdag 22 april 2026 niet zal worden bereikt, organiseert ageas SA/NV op woensdag 20 mei 2026 om 10u30 de Gewone en Buitengewone Algemene Vergaderingen van Aandeelhouders (de “Vergadering”). De Vergadering zal plaatsvinden in het Auditorium van AG Insurance, AG Campus, Nieuwbrug 17, te 1000 Br...

Jason Kalamboussis
  • Jason Kalamboussis

Ageas/Time to pause/HOLD (previously Buy)

After a strong set of FY25 results, even excluding for the tax one-off in China, this year is likely to bring the integration of its UK acquisitions (ESURE and SAGA), but also the 25% in AG Insurance (Belgian ops) that is bought from BNP PARIBAS (Not Rated, €91.10) in December 2025, and that should close normally in 2Q26. All these changes are likely to carry some execution risk, notably in the UK if the P&C cycle does not turn. While also we try to model as best we can these new earning streams...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch