Euronav NV to become CMB.TECH NV on Oct 1

TL;DR

Euronav is changing its name to CMB.TECH NV on Oct 1st. Big shift coming.

AI Summary

Euronav NV announced on July 2, 2024, that its shareholders approved the company's name change to CMB.TECH NV, effective October 1, 2024. This change follows the results of the Special General Meeting and Extraordinary General Meeting. The company's registration statement on Form F-3 (File No. 333-272785) incorporates this information.

Why It Matters

The name change signifies a strategic shift for Euronav NV, potentially reflecting a broader business focus beyond traditional oil transportation.

Risk Assessment

Risk Level: low — The filing is a routine announcement of a shareholder-approved name change and does not present immediate financial or operational risks.

Key Players & Entities

• Euronav NV (company) — Company filing the report and undergoing name change
• CMB.TECH NV (company) — New name for Euronav NV
• July 2, 2024 (date) — Date of the press release announcing the name change
• October 1, 2024 (date) — Effective date of the company's name change
• 333-272785 (document_id) — File number for Euronav NV's registration statement on Form F-3

FAQ

Filing Documents

• d11407596_6-k.htm (6-K) — 32KB
• image1.jpg (GRAPHIC) — 39KB
• 0000919574-24-003859.txt ( ) — 88KB

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: July 2, 2024 By: /s/ Ludovic Saverys Ludovic Saverys Chief Financial Officer EXHIBIT 99.1 PRESS RELEASE Regulated Information Tuesday 2 July 2024 – 15:00 CET _______________________________________ EURONAV SPECIAL & EXTRAORDINARY SHAREHOLDER MEETING RESULTS ANTWERP, Belgium, 2 July 2024 – Euronav NV ("EURN", "Euronav" or "the Company") ( NYSE: EURN & Euronext: EURN ) is pleased to announce the formal approval by today's shareholders' meeting of the envisaged name change from Euronav NV to CMB.TECH NV. The name change will be effective as of 1 October 2024. All other resolutions were also approved at the Special General Meeting & the Extraordinary General Meeting today. Resolutions of the Special General Meeting: 1. Distribution to shareholders of USD 0.88 per share from the available share premium and authorisation to the Supervisory Board to set the payment date and pay the distribution to shareholders during the 2024 financial year. 2. Intermediary dividend to shareholders of USD 0.27 per share and authorisation to the Supervisory Board to set the payment date and pay the intermediary dividend to shareholders during the 2024 financial year. 3. Approval, pursuant to article 7:151 of the Belgian Code of Companies and Associations, of clauses included in a credit agreement regarding change of control. 4. Proxy Crossroad Bank for Enterprises, business counters, business court registers, administrative agencies and fiscal administrations. Resolutions Extraordinary General Meeting: 1. Change of the name of the Company. 2. Amendments to article 1 of the articles of association. 3. Authorisation to the notary public to amend and coordinate the articles of association in order to align these with the previous de

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 the failure of counterparties to fully perform their contracts with us, the strength of world economies and currencies, general market conditions, including fluctuations in charter rates

View Full Filing

View this 6-K filing on SEC EDGAR