CMB.TECH NV Files 6-K, CMB NV Action Announced
Ticker: CMBT · Form: 6-K · Filed: Oct 9, 2024 · CIK: 1604481
Sentiment: neutral
Topics: regulatory-update, corporate-action, press-release
Related Tickers: C.NV
TL;DR
CMB.TECH NV files 6-K, press release details CMB NV's actions per Belgian regulator order.
AI Summary
CMB.TECH NV, formerly Euronav NV, filed a Form 6-K on October 9, 2024, reporting information as of October 31, 2024. The filing includes a press release dated October 9, 2024, which announces that CMB NV, following an order from the Belgian Financial Services and Markets Authority on October 7, 2024, has taken specific actions.
Why It Matters
This filing provides an update on corporate actions and regulatory compliance for CMB.TECH NV, which could impact investor understanding of the company's current status and any ongoing strategic maneuvers.
Risk Assessment
Risk Level: low — This is a routine filing (6-K) providing information and a press release, not indicating immediate financial distress or significant new risks.
Key Players & Entities
- CMB.TECH NV (company) — Registrant and formerly Euronav NV
- CMB NV (company) — Subject of press release action
- Euronav NV (company) — Former name of CMB.TECH NV
- October 9, 2024 (date) — Date of press release and filing
- October 7, 2024 (date) — Date of Belgian Financial Services and Markets Authority order
- 001-36810 (other) — SEC File Number
FAQ
What is the primary purpose of this Form 6-K filing?
The primary purpose is to report information as of October 31, 2024, and to attach a press release dated October 9, 2024, detailing actions taken by CMB NV pursuant to an order from the Belgian Financial Services and Markets Authority.
What was the previous name of CMB.TECH NV?
CMB.TECH NV was formerly known as Euronav NV, with a name change date of July 5, 2024.
Who issued the order that CMB NV is acting upon?
The order was issued by the Belgian Financial Services and Markets Authority on October 7, 2024.
What is the filing date of this Form 6-K?
The filing date is October 9, 2024.
Does CMB.TECH NV file annual reports under Form 20-F or 40-F?
CMB.TECH NV indicates that it files annual reports under Form 20-F.
Filing Stats: 1,408 words · 6 min read · ~5 pages · Grade level 11.5 · Accepted 2024-10-09 16:38:21
Filing Documents
- d11498861_6-k.htm (6-K) — 34KB
- image00002.jpg (GRAPHIC) — 7KB
- 0000919574-24-005792.txt ( ) — 45KB
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. CMB.TECH NV (Registrant) Dated: October 9, 2024 By: /s/ Ludovic Saverys Ludovic Saverys Chief Financial Officer Exhibit 99.1 PRESS RELEASE 9 October 2024 – 7:30 a.m. CET Regulated information REOPENING OF THE MANDATORY PUBLIC TAKEOVER BID ON CMB.TECH ANTWERP, Belgium, 9 October 2024 7:30 a.m CET –CMB.TECH NV (NYSE: CMBT & Euronext: CMBT) ("CMB.TECH" or the "Company") has been informed that CMB NV ("CMB") announced that, pursuant to an order of the Belgian Financial Services and Markets Authority (the "FSMA") of October 7, 2024, it will (i) make a subsequent additional payment of USD 0.52 (or EUR 0.47) per share to all shareholders who have transferred their shares to CMB in its mandatory public takeover bid for the shares in the Company (the "Bid") that expired on March 15, 2024 and (ii) reopen the Bid at an adjusted price of USD 12.66 per share. CMB has published a notice in accordance with article 8, 1 of the Belgian Royal Decree of 27 April 2007 on public takeover bids regarding the subsequent payment and its intention to launch the reopening of the Bid, which can be found here: https://www.cmb.be/mandatory-bid . Announcement Q3 2024 Earnings – 7 November 2024 About CMB.TECH CMB.TECH (all capitals) is a diversified and future-proof maritime group that is a pioneer in decarbonising shipping. We own and operate more than 160 vessels: crude oil tankers, dry bulk vessels, container ships, chemical tankers, offshore wind ships, tugs and ferries. We also offer hydrogen and ammonia fuel to customers, through own production or third-party producers. The company is headquartered in Antwerp, Belgium, and has offices across Europe, Asia and Africa. CMB.TECH is listed on Euronext Brussels and the NYSE under the ticker symbol CMBT. More information can be fo
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. CMB.TECH w Contact Head of Marketing & Communications Katrien Hennin Tel: +32 499393470 katrien.hennin@cmb.tech Page 1 of 2 PRESS RELEASE 9 October 2024 – 7:30 a.m. CET Regulated information 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 sta