The Vanguard Group, Inc. Discloses Interest in Ageas SA/NV

The Vanguard Group, Inc. has publicly disclosed its current position in Ageas SA/NV, according to the Form 8.3 released on 4th March 2024. The disclosure indicates a significant interest in the company, owning 6,457,335 of its ordinary shares, which equates to a 3.44% ownership stake. This position is part of the open public disclosures required by anyone holding interests in relevant securities representing 1% or more, in line with Rule 8.3 of the Takeover Code.

Additionally, the document outlines minor dealings involving the sale of 172 ordinary shares of Ageas SA/NV at a price of €39.04 per unit. Despite these sales, The Vanguard Group's substantial interest in Ageas remains largely intact. The disclosure did not report any involvement in cash-settled or stock-settled derivative transactions that would materially affect this position.

This announcement underscores The Vanguard Group's significant financial interest in Ageas SA/NV, a notable player in the insurance sector. As no other dealings, inducements, or agreements were reported, the focus remains strictly on the disclosed share ownership and minor sales transactions.