Euronav NV Joins BEL20 Index

Ticker: CMBT · Form: 6-K · Filed: Mar 6, 2024 · CIK: 1604481

Euronav NV 6-K Filing Summary
FieldDetail
CompanyEuronav NV (CMBT)
Form Type6-K
Filed DateMar 6, 2024
Risk Levellow
Pages3
Reading Time4 min
Sentimentbullish

Sentiment: bullish

Topics: index-inclusion, belgium, press-release

TL;DR

Euronav NV is getting added to the BEL20 index on March 18th, big deal for Belgian stocks.

AI Summary

Euronav NV announced on March 6, 2024, that it will be included in the BEL20 index, a prominent Belgian stock market index, effective March 18, 2024. This inclusion signifies a notable step for the company within the European financial landscape.

Why It Matters

Inclusion in the BEL20 index can increase visibility and potentially attract more investment, impacting Euronav's stock performance and market perception.

Risk Assessment

Risk Level: low — The filing is a routine announcement of index inclusion, which is generally positive news with limited immediate downside risk.

Key Players & Entities

FAQ

What is the primary purpose of this Form 6-K filing?

The primary purpose is to announce that Euronav NV will be included in the BEL20 index as of March 18, 2024, via an attached press release.

When will Euronav NV be officially included in the BEL20 index?

Euronav NV will be included in the BEL20 index as of March 18, 2024.

What type of company is Euronav NV?

Euronav NV is involved in the deep sea foreign transportation of freight, as indicated by its SIC code 4412.

What is the significance of being included in the BEL20 index?

Inclusion in the BEL20 index, a major Belgian stock market index, typically enhances a company's visibility and can lead to increased investor interest.

Does Euronav NV file annual reports under Form 20-F or 40-F?

Euronav NV files its annual reports under Form 20-F.

Filing Stats: 907 words · 4 min read · ~3 pages · Grade level 13.4 · Accepted 2024-03-06 17:26:04

Filing Documents

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. EURONAV NV (Registrant) Dated: March 6, 2024 By: /s/ Ludovic Saverys Ludovic Saverys Chief Financial Officer EXHIBIT 99.1 PRESS RELEASE 6 March 2024 – 22:00 a.m. CET _______________________________________ EURONAV INCLUDED IN BEL20 ANTWERP, Belgium, 6 March 2024 – Euronav NV ("EURN", "Euronav" or "the Company") (NYSE: EURN & Euronext: EURN) is pleased to announce that the Company will be included in the BEL20 index as of Monday 18 March 2024. The BEL20 index consists of the 20 largest listed companies on Euronext Brussels in Belgium. The Company currently has a market cap of 3.6 billion euro. All other criteria and index rules to be included can be found on www.euronext.com Alexander Saverys, CEO: "This year marks the 20th anniversary of Euronav's listing on Euronext Brussels. The inclusion in the BEL20 comes a bit as a surprise, but we are very proud and happy to be included in the 20 most prominent shares on the Brussels stock exchange. We have always said that we wanted to remain listed and this news strengthens our ambition. After the acquisition of CMB.TECH in February, we want to be the reference in sustainable shipping with a clear focus on growing our diversified fleet. Decarbonise Today, Navigate Tomorrow!" Contact: Communications Coordinator – Enya Derkinderen Tel: +32 476646359 Email: communications@euronav.com Head of Marketing & Communications – Katrien Hennin Tel: +32 499393470 Email: katrien.hennin@cmb.be About Euronav NV & CMB.TECH Euronav and CMB.TECH together represent a group with around 150 ocean-going vessels in dry bulk, container shipping, chemical tankers, offshore wind and oil tankers. The group focuses on large marine and industrial applications on hydrogen or ammonia. They also offer hydrogen and ammonia fuel to customer

Forward-Looking Statements

Forward-Looking Statements Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbour protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The Company desires to take advantage of the safe harbour provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbour legislation. The words "believe", "anticipate", "intends", "estimate", "forecast", "project", "plan", "potential", "may", "should", "expect", "pending" and similar expressions identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management's examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections. In addition to these important factors, other important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include uncertainty as to the number of shares that will be tendered in the Bid and the impact on the continued listing of the shares on the New York Stock Exchange or Euronext Brussels, the fail

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