BRIEF-Ageas Raises Possible Cash-and-Stock Offer For Direct Line

Ageas SA: * AGEAS INSURANCE INTEREST. DIRECT LINE INS GRP AGEAS NV - AGEAS CONFIRMS IMPROVED POSSIBLE OFFER

* AGEAS SA: PROPOSED DEAL FOR 120 PENCE IN CASH FOR EACH DIRECT LINE SHARE; AND . ONE NEWLY ISSUED AGEAS SHARE FOR EVERY 28.41107 DIRECT LINE SHARES * AGEAS SA: IMPROVED POSSIBLE OFFER HAS AN IMPLIED VALUE OF 239 PENCE PER DIRECT LINE SHARE

* AGEAS SA: IMPROVED POSSIBLE OFFER VALUES DIRECT LINE AT APPROXIMATELY £3,171 MILLION * AGEAS SA: CONTINUES TO SEEK ENGAGEMENT FROM DIRECT LINE BOARD AHEAD OF DEADLINE OF 27 MARCH

* AGEAS SA: CASH COMPONENT OF DEAL WILL BE FINANCED THROUGH EXISTING CASH & NEWLY ISSUED DEBT Source text for Eikon: Further company coverage: