The General Meeting of Shareholders of ageas N.V. has approved all the proposals submitted to it by the Board of Directors.
27.90% of the share capital was represented at Utrecht.
The General Meeting of Shareholders has approved:
- the adoption of the company's statutory annual accounts for the financial year 2011;
- the adoption of a gross dividend (#_ftn1) of EUR 0.08 per Ageas Unit;
- the remuneration report;
- the cancellation of the shares bought back (programme announced on 24 August 2011);
- the proposal to discharge the members of the Board of Directors for the financial year 2011;
- all the other agenda points, including the amendments to the Articles of Association.
A video reviewing the key events of 2011 and the results of the votes will be published on www.ageas.com (http://www.ageas.com/), in the section "Investor Relations/General meetings of shareholders", on Friday 27 April 2012.
Ageas is an international insurance company with a heritage spanning more than 180 years. Ranked among the top 20 insurance companies in Europe, Ageas has chosen to concentrate its business activities in Europe and Asia, which together make up the largest share of the global insurance market. These are grouped around four segments: Belgium, United Kingdom, Continental Europe and Asia and served through a combination of wholly owned subsidiaries and partnerships with strong financial institutions and key distributors around the world. Ageas operates successful partnerships in Belgium, UK, Luxembourg, Italy, Portugal, Turkey, China, Malaysia, India and Thailand and has subsidiaries in France, Hong Kong and UK. It is the market leader in Belgium for individual life and employee benefits, as well as a leading non-life player, through AG Insurance, and in the UK, it has a strong presence as the third largest player in private car insurance and the over 50's market. It employs more than 13,000 people and has annual inflows of more than EUR 17 billion.
+32 (0)2 557 57 37 / +32 (0) 479 79 50 02
+32 (0)2 557 57 33
+31 (0)30 252 53 05
Rue du Marquis 1 - 1000 Brussels - Belgium
Archimedeslaan 6 - 3584 BA Utrecht - The Netherlands
 (#_ftnref1) Dividend :
The meeting declared a gross dividend of EUR 0.08 per Ageas Share for the financial year 2011.
The Ageas Share represents one share in each of the two parent companies, ageas SA/NV and ageas N.V. Shareholders can thereby opt to receive the dividend from ageas SA/NV, the Belgian source, or from ageas N.V., the Dutch source. They need to make their preference known during the dividend election period.
The timetable is as follows:
30 April 2012 - Ex-dividend date - Start of dividend election period
21 May 2012 - End of dividend election period
31 May 2012 - Payment of 2011 dividend (coupon no. 45).
The final gross dividend paid out by ageas N.V. in the Netherlands will amount to EUR 0.08 per Ageas Share. The final net dividend will amount to EUR 0.068, being gross dividend less Dutch dividend withholding tax of 15% in principle.
The final gross dividend paid out by ageas SA/NV in Belgium will amount to EUR 0.08 per Ageas Share. The final net dividend will amount to EUR 0.06, being gross dividend less Belgian withholding tax of 25% in principle. Any shares accompanied by coupon no. 45 from the VVPR strip will be subject to Belgian withholding tax of only 21%, so net dividend of EUR 0.0632 per share will be paid on those shares. However, an additional tax of 4% is foreseen on interests and dividends (on stocks with VVPR strips) amounting to more than 20.020 euro per Belgian resident individual.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Ageas via Thomson Reuters ONE