In accordance with the rules on financial transparency, Ageas received a notification from Franklin Mutual Advisers, LLC on 14 May 2013 advising that on 10 May 2013 their interest in Ageas has fallen below the statutory threshold of 3% of the shares issued by Ageas.
The notifications received by Ageas are available on the Ageas website under "Investor relations - The share - Transparency requirements" (http://www.ageas.com/en/Pages/transparency_requirements.aspx (http://www.ageas.com/en/Pages/transparency_requirements.aspx)).
Ageas is an international insurance group 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. Ageas is the market leader in Belgium for individual life and employee benefits, as well as a leading non-life player through AG Insurance. In the UK, Ageas has a strong presence as the fourth largest player in private car insurance and the over 50's market. Ageas employs more than 13,000 people and has annual inflows of more than EUR 21 billion.
Notification (http://hugin.info/134212/R/1702873/562784.pdf)
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
