Ageas and Norges Bank: Transparency notification

In accordance with the rules on financial transparency*, Norges Bank has notified Ageas on 25 September 2017 that, on 22 September 2017, its shareholding stands at 3.25%.

Reason for the notification
Acquisition or disposal of voting securities or voting rights

Notification by 
A person that notifies alone

Persons subject to the notification requirement
Norges Bank - Bankplassen 2, PO Box 1179 Sentrum, 0107 Oslo, Norway

Date on which the threshold is crossed
22 September 2017

Threshold that is crossed (in %)
3 %

Denominator
209,399,949

Notified details

* article 14, paragraph 1 of the law of 2 May 2007 on disclosure of major holdings us provisions

Chain of controlled undertakings through which the holding is effectively held, if applicable
Norges Bank is the central bank of Norway. As part of its central bank activities, Norges Bank manages Norway's foreign exchange reserves and is responsible for management of the Norwegian Government Pension Fund Global (GPFG). The formal responsibility for management of the GPFG is placed with the Ministry of Finance, but is delegated to Norges Bank. All investments are executed by Norges Bank acting as principal and all holdings are registered in the name of Norges Bank.

Norges Bank also informed Ageas on 25 September 2017 that the notifications regarding the threshold crossing of 14 September 2017 and 19 September 2017 were incorrect. Please find the modified notifications on our website.

This press release and the notifications received by Ageas are available on the website.

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, Luxembourg, France, Italy, 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 40,000 people and reported annual inflows close to EUR 32 billion in 2016 (all figures at 100%).