The Vanguard Group, Inc. Reports Ownership Stake in Ageas SA/NV

The Vanguard Group, Inc. disclosed its holdings in Ageas SA/NV, revealing an ownership stake that exceeds the 1% threshold, making this public as per Rule 8.3 of the Takeover Code. The announcement, dated 05 March 2024, identifies The Vanguard Group, Inc. directly as the discloser of this significant interest in the Belgium-based international insurance group.

As of 04 March 2024, The Vanguard Group, Inc., has control over precisely 6,464,986 ordinary shares of Ageas SA/NV, translating into a 3.44% holding. The disclosure did not stipulate any short positions, implying a tangible commitment to the insurer's performance.

The report also detailed recent transactions by The Vanguard Group, Inc. in Ageas's shares, including the purchase of 1,008 shares at a price of 37.79 EUR each and another acquisition of 6,643 shares at 37.80 EUR each. No cash-settled derivatives or stock-settled derivatives transactions were reported, as well as no rights to subscribe for new securities. The disclosure indicated no existing indemnity, option arrangement, or any agreements relating to voting rights or future acquisitions concerning Ageas SA/NV, maintaining a clear stance of neutrality.