Ageas successfully places EUR 500 million Tier 2 Notes Today ageas SA/NV successfully placed debt securities in the form of EUR 500 million Subordinated Fixed to Floating Rate Notes (the “Notes”) maturing in May 2056 and with a first call date in November 2035. The issuance generated substantial interest and was more than 3 times oversubscribed (orderbook in excess of EUR 1.6 billion). The Notes will be issued in denominations of EUR 100,000 at a re-offer price of 99.89 with a fixed coupon rate of 4.625% pa ...

Group 1 - Ageas will hold its Ordinary and Extraordinary General Meetings of Shareholders on May 21, 2025, due to insufficient quorum for the previously scheduled meeting on April 23, 2025 [1] - Shareholders must register by May 7, 2025, to exercise their voting rights at the meeting, regardless of the number of shares held on the meeting day [2] - Shareholders intending to attend must communicate their intentions by May 15, 2025, and proxies must be submitted by the same date [3] Group 2 - Ageas is a prominent international insurance group with a 200-year heritage, focusing on both Life and Non-Life insurance products, and operates mainly in Europe and Asia [4] - The company reported annual inflows of EUR 18.5 billion in 2024 and employs approximately 50,000 people [4] - The agenda for the upcoming meeting includes the approval of the annual report for 2024, dividend approval, discharge of liability, remuneration report, reappointments of Board members, and other key corporate governance matters [6]

Group 1 - Ageas has increased its capital by EUR 550 million as part of the esure acquisition agreement, resulting in a total capital of EUR 1,590,019,077.44 and an increase in outstanding shares to 198,938,286 due to the issuance of 10,967,099 new shares [1] - Each outstanding share of Ageas SA/NV confers one voting right, and there are no other securities conferring voting rights [1] - The newly issued shares are listed on the regulated market of Euronext Brussels as of 17 April 2025 [2] Group 2 - Ageas is a listed international insurance group with a 200-year heritage, offering both Life and Non-Life insurance products tailored to customer needs [3] - The company operates primarily in Europe and Asia, which are significant markets in the global insurance sector, and ranks among market leaders in the countries where it operates [3] - Ageas employs approximately 50,000 people and reported annual inflows of EUR 18.5 billion in 2024 [3]

Summary of Ageas Share Buy-Back Programme Core Viewpoint - Ageas has reported the progress of its share buy-back programme initiated on 28 August 2024, detailing the purchase of 386,653 shares from 07-04-2025 to 11-04-2025 [1]. Group 1: Share Buy-Back Details - The total number of shares bought back during the specified period is 386,653, with a total expenditure of EUR 19,470,499 [2]. - The average price per share during this period was EUR 50.36, with the lowest price recorded at EUR 48.42 and the highest at EUR 53.20 [2]. - Since the start of the buy-back programme on 16 September 2024, Ageas has repurchased a total of 2,920,905 shares, amounting to EUR 144,016,633, which represents 1.55% of the total shares outstanding [2]. Group 2: Additional Information - An overview of the share buy-back programme is available on the company's website [3].

Ageas launches offering to raise €525 million through an accelerated bookbuild offering of newly issued ordinary shares Ageas to raise €525 million through the issuance of new shares in a private placement to certain institutional and professional investors through an accelerated bookbuilding process. Ageas SA/NV (“Ageas” or the “Company”) launches an offering of new shares in Ageas (the “New Shares”) to raise €525 million (the “Offering”). The Offering will begin immediately and will be executed through an ...

Core Viewpoint - Ageas has reached an agreement with Bain Capital to acquire esure for GBP 1.295 billion (EUR 1.510 billion), aiming to create a top-3 personal lines insurance platform in the UK, enhancing its market presence and shareholder value through synergies and cash generation [1][2][10]. Group 1: Acquisition Details - The acquisition will allow Ageas UK to diversify its distribution strategy, particularly in the price comparison website (PCW) channel, and is projected to grow its top-line to GBP 3.25 billion (EUR 3.8 billion) by 2028 [2][4]. - Ageas UK has focused on profitable growth in personal lines over the past four years, serving over 4 million customers [3]. - esure, with over 2.1 million policies and gross written premium (GWP) of GBP 1 billion (EUR 1.2 billion) in 2024, operates a fully digital distribution model [4][17]. Group 2: Financial Implications - The transaction is expected to generate annual cost savings exceeding GBP 100 million (approximately EUR 115 million) before tax, with an unlevered return on investment of over 12% and an uplift in Return on Equity of more than 1 percentage point [8]. - Ageas will finance the acquisition through surplus cash and newly issued debt/equity, maintaining a robust capital position with a Solvency II ratio expected to decrease by only about 10 percentage points [6][7]. Group 3: Strategic Alignment - The acquisition aligns with Ageas's Elevate27 strategic priorities, focusing on high cash conversion businesses and expanding its customer reach through a multi-channel distribution model [1][10]. - The integration of Ageas UK and esure is anticipated to be completed during the Elevate27 strategic cycle, enhancing the combined entity's ability to invest in customer propositions and open new growth opportunities [8][10]. Group 4: Leadership Commentary - Ageas Group CEO Hans De Cuyper expressed enthusiasm for the acquisition, highlighting its potential to enhance competitive value propositions and market share in the UK [10]. - esure Group CEO David McMillan noted the complementary nature of the two businesses, emphasizing the combined strengths in technology and market position [11].

Ageas publishes its 2024 reports Ageas has today released its 2024 Annual Reporting, including the Report of the Board of Directors, the Ageas Consolidated Financial Statements, and the 2024 Statutory Accounts of ageas SA/NV. The reporting was prepared for the first time in accordance with the Corporate Sustainability Reporting Directive and the associated European Sustainability Reporting Standards. The reports as well as additional information on the Group’s 2024 performance, highlighting the accomplishme ...

LAS VEGAS, April 02, 2025 (GLOBE NEWSWIRE) -- AGS (NYSE: AGS), a leading supplier of high-performing slot, table, and interactive products and services to the global gaming industry, today announced the appointment of David Jacques as the company’s new Vice President of Table Games Engineering. Jacques, an accomplished leader with extensive experience in the gaming technology sector, will report to John Hemberger, Senior Vice President & General Manager of Table Products. In this role, Jacques will be resp ...

Core Insights - AGS is set to showcase a variety of new gaming products at the 2025 Indian Gaming Association trade show, emphasizing its commitment to enhancing the gaming experience through innovative technology [1] Product Highlights - The Spectra™ SL49+ Premium and SL75+ cabinets are designed for high-performance play, offering versatility and access to the entire Spectra game library [4] - New games introduced include Lion Cash™, So Hot Super 4 Legends™, and So Hot Super 4 Ultimate™, which enhance player engagement with vibrant visuals and multi-play experiences [4][10] - The Revel™ Mech Reel Cabinet has gained popularity, ranking 3 among mechanical reel cabinets, with its initial titles performing well in the market [5] Online Gaming Leadership - AGS has maintained its position as the 1 new overall supplier in the U.S. online gaming market for five consecutive months, showcasing its strength in this sector [10] - The company recently won the Top Performing New Online Slot Game award for 3x Ultra Diamond™, further solidifying its leadership in online gaming [10] International Expansion - AGS is expanding its reach into international markets, notably with a recent launch in Brazil, which strengthens its global footprint [10]

LAS VEGAS, March 27, 2025 (GLOBE NEWSWIRE) -- AGS (NYSE: AGS), a global leader in gaming solutions, is set to showcase a dynamic array of new products at the 2025 Indian Gaming Association (IGA) trade show, April 2-3, in San Diego. From premium slot cabinets and innovative new games to industry-leading table progressives and real-money online gaming solutions, AGS is redefining the gaming experience. With deep roots in tribal gaming, AGS remains committed to advancing technology, enhancing casino floors, a ...