Regulated information - Ageas and Schroders plc: Transparency notificationSource: OMX
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%).