itAt Ageas' request, the trading in the Ageas share (ISIN BE0974264930) on Euronext Brussels has been temporarily suspended since 12:00 pm ahead of an anticipated judgment of the Brussels' Commercial Court relating to a liability claim in the context of Fortis' 2007 capital increase. The suspension will be lifted after the publication of a press release by Ageas on the decision of the judgment.

In September 2012, Patripart SA, a (former) Fortis shareholder, and its parent company Patrinvest SCA, brought an action for damages before the Brussels Commercial Court based on alleged incomplete and/or misleading information in Fortis' prospectus relating to the capital increase of September 2007.

Today a court decision in this matter is expected and in order to ensure transparent communication to the market, the trading of the Ageas share on Euronext has been temporarily suspended.

Ageas will issue a press release as soon as possible after acknowledgment of the court decision. The trading in Ageas shares will resume after the publication of this second press release.

 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, Thailand, the Philippines and Vietnam and has subsidiaries in France, Portugal, 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 occupies the number 3 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 reported annual inflows close to EUR 26 billion in 2014.


Pdf version of the press release:
http://hugin.info/134212/R/1982551/726494.pdf


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ageas via Globenewswire
HUG#1982551