In line with the terms of the Restated and Amended Settlement Agreement of 12 December 2017 wherein Ageas agreed to pay a global amount of EUR 1,308 million to ‘Eligible Shareholders’ without admitting any wrongdoing, the Parties have filed an amended request with the Amsterdam Court of Appeal to declare the Restated and Amended Settlement Agreement binding in accordance with the Dutch Act on Collective Settlement of Mass Claims (Wet Collectieve Afwikkeling Massaschade, "WCAM").
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The table below sets out the compensation amounts. Please note that all these amounts are indicative only as they are based on an estimated number of Fortis Shares held by Eligible Shareholders requesting compensation. Only when the final number of Fortis Shares participating in the Restated and Amended Settlement becomes known i.e. at the end of the claim submission deadline, the final compensation amounts will be determined.
|Indicative compensation in EUR per Fortis Shares*|
(21/09/2007 O.O.B – 7/11/2007 C.O.B.)
(13/05/2008 O.O.B – 25/06/2008 C.O.B.)
(29/09/2008 O.O.B – 3/10/2008 C.O.B.)
|Compensation for Buyers (per share)||EUR 0.47||EUR 1.07||EUR 0.31|
|Compensation for Holders (per share)||EUR 0.23||EUR 0.51||EUR 0.15|
|Additional compensation for all Eligible Shareholders||EUR 0.50 per share with a max. of EUR 950|
|Cost addition for Active claimant||25% of the compensation for Buyers and/or Holders|