Ageas and BlackRock: Transparency notification
August 09 2019 - 11:40AM
Ageas and BlackRock: Transparency notification
In accordance with the rules on financial
transparency*, BlackRock has notified Ageas on 7 August 2019 that,
on 6 August 2019, its interest has fallen below the legal threshold
of 5% of the shares in section 10A issued by Ageas. Its current
total shareholding stands at 5.20%.
* 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 190 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 34 billion in 2018 (all figures at 100%).
- Read the full press release
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