In accordance with the rules on financial transparency*, Schroders plc has notified Ageas on 6 June 2018 that, on 5 June 2018, its shareholding stands at 4.88%.
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
Schroders plc - 31 Gresham Street, London EC2V 7QA
Date on which the threshold is crossed
5 June 2018
Threshold that is crossed (in %)
5%
Denominator
203,022,199
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 | ||
| Schroders plc | 0 | 0 | 0.00% | ||
| Schroder Investment Management Limited | 9,983,219 | 9,693,394 | 4.77% | ||
| Schroder Investment Management (Hong Kong) Limited | 5,896 | 5,896 | 0.00% | ||
| Schroder Investment Management (North America) Limited | 217,310 | 217,310 | 0.11% | ||
| Subtotal | 10,206,425 | 9,916,600 | 4.88% | ||
| TOTAL | 9,916,600 | 0 | 4.88% | 0.00% | |
| 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 |
| 9,916,600 | 4.88% |
* article 14, paragraph 1 of the law of 2 May 2007 on disclosure of major holdings us provisions.
Chain of controlled undertakings through which the holding is effectively held, if applicable
Schroders plc is not a controlled entity, it is the parent company of Schroder Administration Limited, which itself is the parent company of Schroder International Holdings Limited; which itself is the parent company of Schroder Investment Management (Hong Kong) Limited and Schroder Investment Management Limited, which are discretionary fund managers holding shares on behalf of our clients and can exercise the voting rights for all shares mentioned in Section 10.
Schroder Investment Management (North America) is a subsidiary of Schroder Investment Management Limited; and is a discretionary fund manager holding shares on behalf of our clients and can exercise the voting rights for all shares mentioned in Section 10.
In accordance with the rules on financial transparency*, Schroders plc has notified Ageas also on 5 June 2018 that, on 4 June 2018, its shareholding stood at 5.03%.
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
Schroders plc - 31 Gresham Street, London EC2V 7QA
Date on which the threshold is crossed
4 June 2018
Threshold that is crossed (in %)
5%
Denominator
203,022,199
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 | ||
| Schroders plc | 0 | ||||
| Schroder Investment Management Limited | 9,840,634 | 9,983,219 | 4.92% | ||
| Schroder Investment Management (Hong Kong) Limited | 6,976 | 5,896 | 0.00% | ||
| Schroder Investment Management (North America) Limited | 105,198 | 217,310 | 0.11% | ||
| Subtotal | 9,952,808 | 10,206,425 | 5.03% | ||
| TOTAL | 10,206,425 | 0 | 5.03% | 0.00% | |
| 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 |
| 10,206,425 | 5.03% |
* article 14, paragraph 1 of the law of 2 May 2007 on disclosure of major holdings us provisions.
Chain of controlled undertakings through which the holding is effectively held, if applicable
Schroders plc is not a controlled entity, it is the parent company of Schroder Administration Limited, which itself is the parent company of Schroder International Holdings Limited; which itself is the parent company of Schroder Investment Management (Hong Kong) Limited and Schroder Investment Management Limited, which are discretionary fund managers holding shares on behalf of our clients and can exercise the voting rights for all shares mentioned in Section 10.
Schroder Investment Management (North America) is a subsidiary of Schroder Investment Management Limited; and is a discretionary fund manager holding shares on behalf of our clients and can exercise the voting rights for all shares mentioned in Section 10.
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, 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 50,000 people and reported annual inflows close to EUR 34 billion in 2017 (all figures at 100%).
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