Following the cancellation of 7,170,522 Ageas shares bought back in 2016, the total number of issued shares (the ‘denominator’) has declined to 209,399,949.
The Extraordinary General Meeting of Shareholders of ageas SA/NV of 17 May 2017 approved the cancellation of 7,170,522 shares (result of the shares bought-back in 2016). As a result, the total number of issued shares is reduced to 209,399,949. This number (the ‘denominator’) will be used to calculate the percentage of shareholdings.
This information is available on the Ageas website under “Investors – Shareholders structure” (http://www.ageas.com/en/investors/shareholders-structure).
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%).