Ageas and The Goldman Sachs Group, Inc: Transparency notification
December 17 2024 - 11:40AM
UK Regulatory
Ageas and The Goldman Sachs Group, Inc: Transparency
notification
In accordance with the rules on financial
transparency*, The Goldman Sachs Group, Inc has notified Ageas on
13 December 2024 that, on 9 December 2024, its interest has fallen
below the legal threshold of 5% of the shares issued by Ageas. On
12 December 2024 it notified Ageas that, on 6 December
2024, its interest has fallen below the statutory threshold of 3%
of shares issued by Ageas in box A (Voting rights). Its current
shareholding stands at 0.35%.
Reason for the notification of 13 December 2024
Acquisition or disposal of financial instruments that are treated
as voting securities
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
9 December 2024
Threshold that is crossed (in %)
5%
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
https://www.ageas.com/investors/shareholders
This press release and the notifications received
by Ageas are available on the website.
* 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
- Read the full PDF version of the press release
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