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

The Vanguard Group, Inc. revealed its significant stake in Ageas SA/NV through a disclosure form required under the Takeover Code. The filing, dated 14 March 2024, showed that The Vanguard Group owns 3.44% of Ageas SA/NV's shares, amounting to 6,467,666 shares.

Additionally, the disclosure included details of recent trading activities involving Ageas's shares. The Vanguard Group purchased 1,320 shares at a price of 39.53 EUR per share and sold 885 shares at 39.76 EUR per share. These transactions indicate active management of The Vanguard Group's position in Ageas SA/NV.

The filing also noted that The Vanguard Group is making disclosures not only about Ageas SA/NV but also with respect to Direct Line Insurance Group plc, hinting at broader investment activities within the insurance sector. However, the document specified no dealings or open positions with derivates or rights to subscribe for new securities related to Ageas SA/NV.

Lastly, the filing stated there are no indemnity or dealing arrangements between The Vanguard Group and any parties related to the offer for Ageas SA/NV, ensuring transparency in their investment activities.

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