Vanguard Group Discloses Stake in Ageas SA/NV

The Vanguard Group, Inc. has announced a substantive holding in Ageas SA/NV, reflecting its ongoing investment strategies and positioning within the financial markets. As per the disclosure made on 21st March 2024, The Vanguard Group reported a significant position in Ageas, a notable entity in the insurance sector. The declaration follows the regulatory requirements under the Takeover Code, emphasizing transparency in market dealings.

According to the statement, The Vanguard Group holds an interest amounting to 6,509,778 ordinary shares of Ageas SA/NV, which represents approximately 3.46% of the company's securities. This position was held as of 20th March 2024. Alongside the announcement of its stake, The Vanguard Group provided details of recent transactions including the purchase of 2,277 shares at a price of 40.55 EUR and the sale of 243 shares at 40.44 EUR.

The disclosure doesn't include any rights to subscribe for new securities or any indicative dealings beyond the ordinary share transactions. Furthermore, The Vanguard Group clarified the absence of any indemnity, option arrangements or any agreements that might influence their dealings in Ageas SA/NV shares. This signifies a straightforward investment position without any derivative or speculative components as per the information provided.