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Regulated information - Ageas completes its EUR 200 million share buy-back programme

August 5, 2014

ENP Newswire - 05 August 2014

Release date- 04082014 - Ageas completed on Friday 1 August 2014 the share buy-back programme announced on 2 August 2013.

Between 12 August 2013 and 1 August 2014, Ageas has bought back 6,513,207 shares corresponding to 2.82% of the total shares outstanding and totaling EUR 200 million.

Ageas currently holds the 4,023,286 shares bought back after 31 December 2013 as treasury shares. The 2,489,921 shares bought back until 31 December 2013 were cancelled following the decision of the General meeting of shareholders held on 30 April 2014. Together with other treasury shares held by Ageas, the total number of shares now owned equates to 3.63%.

Ageas's Board will propose to its shareholders at the next shareholders meeting the cancellation of all the shares bought back, after deduction of the shares to cover the commitment to share-plans granted to senior and top management.

The overview relating to the completed share buy-back programme is available on our website.

The final transactions in the period 28 July -1 August 2014 are the following:

Date Number of

Shares Total amount

(EUR) Average price

(EUR) Lowest price

(EUR) Highest price


28-07-2014 26,000 781,945 30.07 29.87 30.23

29-07-2014 26,000 738,140 28.39 24.98 30.24

30-07-2014 50,000 1,278,900 25.58 25.01 27.23

31-07-2014 20,000 523,996 26.20 25.32 26.90

01-08-2014 20,320 538,864 26.52 26.31 26.88

Total 142,320 3,861,845 27.13 24.98 30.24

Ageas is an international insurance group with a heritage spanning 190 years. Ranked among the top 20 insurance companies in Europe, Ageas has chosen to concentrate its business activities in Europe and Asia, which together make up the largest share of the global insurance market. These are grouped around four segments: Belgium, United Kingdom, Continental Europe and Asia and served through a combination of wholly owned subsidiaries and partnerships with strong financial institutions and key distributors around the world. Ageas operates successful partnerships in Belgium, the UK, Luxembourg, Italy, Portugal, Turkey, China, Malaysia, India and Thailand and has subsidiaries in France, Hong Kong and the UK. Ageas is the market leader in Belgium for individual life and employee benefits, as well as a leading Non-Life player through AG Insurance. In the UK, Ageas is the sixth largest Non-Life insurer with a number 2 position in cars insured and has a strong presence in the over 50's market. Ageas employs more than 13,000 people in the consolidated entities and over 30,000 in the non-consolidated partnerships, and has annual inflows of more than EUR 23 billion.

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Source: ENP Newswire

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