Ageas and Fosun: Transparency notification In
Post# of 301275
In accordance with the rules on financial transparency*, Fosun has notified Ageas on 26 September 2017 that, on 25 September 2017, its shareholding stands at 3.01%.
Reason for the notification Acquisition or disposal of voting securities or voting rights
Notification by A parent undertaking or a controlling person
Persons subject to the notification requirement Fosun International Limited - Room 808, ICBC Tower, 3 Garden Road, Central, Hong Kong
Fosun Holdings Limited - Room 808, ICBC Tower, 3 Garden Road, Central, Hong Kong
Fosun International Holdings Ltd. - Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands
Guo Guangchang
Date on which the threshold is crossed 25 September 2017
Threshold that is crossed (in %) 3 %
Denominator 209,399,949
Notified details
| A) Voting rights | Previous notification | After the transaction | |||
| # of voting rights | # of voting rights | % of voting rights | |||
| Holders of voting rights | Linked to | Not linked to | Linked to | Not linked to | |
| securities | the securities | securities | the securities | ||
| Mr. Guo Guangchang | 0 | 0.00% | |||
| Fosun International Limited | 4,244,112 | 2.03% | |||
| Fidelidade - Companhia de Seguros, S.A. | 2,054,962 | 0.98% | |||
| SUBTOTAL | 6,299,074 | 3.01% | |||
| TOTAL | 6,299,074 | 3.01 % | 0.00% | ||
* article 14, paragraph 1 of the law of 2 May 2007 on disclosure of major holdings us provisions
| B) Equivalent financial instruments | After the transaction | ||||||
| Holders of equivalent financial instruments | Type of financial instrument | Expiration date | Exercise period or date | # of voting rights that may be acquired if the instrument is exercised | % of voting rights | Settlement | |
| TOTAL | 0 | 0.00% | |||||
| Total A & B | # of voting rights | % of voting rights |
| 6,299,074 | 3.01% |
Chain of controlled undertakings through which the holding is effectively held, if applicable Mr. Guo Guangchang controls Fosun International Holdings Ltd., which controls Fosun Holdings Limited, which controls Fosun International Limited, which controls Fosun Financial Holdings Limited, which controls Millenium Gain Limited, which controls Longnun Portugal, SGPS, S.A., which controls Fidelidade - Companhia de Seguros, S.A.
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%).
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