In accordance with the rules on financial transparency*, Norges Bank has notified Ageas on 13 April 2017 that, on 12 April 2017, its interest has exceeded the legal threshold of 3% of the shares issued by Ageas. Its current shareholding stands at 3.12%.
Reason for the notification
Acquisition or disposal of voting securities or voting rights
A person that notifies alone
Persons subject to the notification requirementNorges Bank, Bankplassen 2, PO Box 1179 Sentrum, 0107 Oslo, Norway
Date on which the threshold is crossed
12 April 2017
Threshold that is crossed (in %)
3% shares
Denominator
216,570,471
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 | ||
| Norges Bank | 6,390,294 | 6,520,597 | 3.01% | ||
| TOTAL | 6,520,597 | 3.01% | |||
| 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 | |
| Norges Bank | Shares out on loan (right to recall) | At any time | 228,890 | 0.11% | Physical | ||
| TOTAL | 228,890 | 0.11% | |||||
| Total A & B | # of voting rights | # of voting rights |
| 6,749,487 | 3.12% |
Chain of controlled undertakings through which the holding is effectively held, if applicable
Norges Bank is the central bank of Norway. As part of its central bank activities, Norges Bank manages Norway's foreign exchange reserves and is responsible for management of the Norwegian Government Pension Fund Global (GPFG). The formal responsibility for management of the GPFG is placed with the Ministry of Finance, but is delegated to Norges Bank. All investments are executed by Norges Bank acting as principal and all holdings are registered in the name of Norges Bank.
Additional information
This notification was triggered by an increase in shares held as collateral.
Norges Bank also notified Ageas on 13 April 2017 that, on 11 April 2017, its interest had exceeded already the legal threshold of 3% of the shares issued by Ageas, up to 3.06%
This press release and the notifications received by Ageas are available on the website.
* article 14, paragraph 1 of the law of 2 May 2007 on disclosure of major holdings us provisions.
