Euronav NV Changes Name to CMB.TECH NV
Ticker: CMBT · Form: 6-K · Filed: Sep 17, 2024 · CIK: 1604481
Sentiment: neutral
Topics: name-change, corporate-action
TL;DR
Euronav is now CMB.TECH, effective Oct 1st. Name change approved.
AI Summary
Euronav NV announced a name change to CMB.TECH NV, effective October 1, 2024. This change was approved by shareholders at an Extraordinary General Meeting on July 2, 2024. The company is a foreign private issuer filing a Form 6-K report for September 2024.
Why It Matters
The name change signifies a potential shift in the company's strategic focus or identity, which investors should monitor.
Risk Assessment
Risk Level: low — This filing is a routine corporate announcement regarding a name change, with no immediate financial implications disclosed.
Key Players & Entities
- Euronav NV (company) — Company filing the report
- CMB.TECH NV (company) — New name of the company
- July 2, 2024 (date) — Date of shareholder approval for name change
- October 1, 2024 (date) — Effective date of the name change
FAQ
What is the new name of Euronav NV?
The new name of Euronav NV is CMB.TECH NV.
When will the name change be effective?
The name change will be effective on October 1, 2024.
When was the name change approved by shareholders?
The name change was approved by shareholders at the Company's Extraordinary General Meeting on July 2, 2024.
What form is Euronav NV filing?
Euronav NV is filing a Form 6-K report.
What is the SIC code for Euronav NV?
The Standard Industrial Classification (SIC) code for Euronav NV is DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412].
Filing Stats: 936 words · 4 min read · ~3 pages · Grade level 13.4 · Accepted 2024-09-17 16:59:55
Filing Documents
- d11479070_6k.htm (6-K) — 22KB
- image0.jpg (GRAPHIC) — 46KB
- 0000919574-24-005526.txt ( ) — 87KB
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: September 17, 2024 By: /s/ Ludovic Saverys Ludovic Saverys Chief Financial Officer EXHIBIT 99.1 PRESS RELEASE Regulated Information Tuesday 17 September 2024 – 8.00 a.m. CET _______________________________________ EURONAV CHANGES NAME TO CMB.TECH ON 1 OCTOBER ANTWERP, Belgium, 17 September 2024 – Euronav NV (NYSE: CMBT & Euronext: CMBT) ("Euronav" or the "Company") is pleased to announce that the name change of Euronav NV to CMB.TECH NV, which was approved by shareholders at the Extraordinary General Meeting of Euronav NV on 2 July 2024, will be effective on 1 October 2024. The company is changing its corporate name to reflect its new strategy focusing on fleet diversification and decarbonisation. CMB.TECH is a diversified and future-proof maritime group, leading the way in sustainability. The group owns and operates more than 160 seagoing vessels: crude oil tankers, dry bulk tankers, container transport, chemical tankers, offshore wind vessels, tugboats and ferries. The Euronav brand will remain the brand name of the crude oil tanker and offshore oil activities. CMB.TECH remains listed on Euronext Brussels and the NYSE under the ticker symbol CMBT. * * * Contact: Head of Marketing & Communications – Katrien Hennin Tel: +32 499393470 Email : Katrien.hennin@cmb.tech Q3 2024 Earnings results – 7 November 2024 About Euronav NV & CM B.TE CH Euronav and CMB.TECH together represent a diversified & future-proof maritime group with over 160 ocean-going vessels (including newbuildings) in dry bulk, container shipping, chemical tankers, offshore wind and crude oil tankers. The group focuses on large marine and industrial applications on hydrogen or ammonia. They also offer hydrogen and ammonia fuel to customers, through o
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, timings 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 or meet expected timings. 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, includ