CMB Amends Euronav Stake Filing

TL;DR

CMB updated its Euronav stake filing - watch for changes in ownership.

AI Summary

Compagnie Maritime Belge NV (CMB) has filed an amendment (No. 25) to its Schedule 13D for Euronav NV, dated March 25, 2024. This filing indicates a change in beneficial ownership of Euronav's ordinary shares. The filing was made by CMB, with Ludovic Saverys listed as a contact person.

Why It Matters

This amendment signals a potential shift in control or influence over Euronav NV by Compagnie Maritime Belge NV, which could impact the company's strategic direction and shareholder value.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or changes in control, introducing uncertainty for investors.

Key Players & Entities

• Compagnie Maritime Belge NV (company) — Filing entity
• Euronav NV (company) — Subject company
• Ludovic Saverys (person) — Contact person for CMB
• Robert E. Lustrin (person) — Legal counsel for CMB

FAQ

Filing Documents

• d812346dsc13da.htm (SC 13D/A) — 106KB
• d812346dex99a.htm (EX-99.A) — 5KB
• 0001193125-24-076465.txt ( ) — 113KB

of the Original Schedule 13D is hereby amended and amended and supplemented by adding the following information

Item 5 of the Original Schedule 13D is hereby amended and amended and supplemented by adding the following information: (a)and(b) The percentage of outstanding Ordinary Shares that may be deemed to be beneficially owned by each Reporting Person is set forth on line 13 of such Reporting Persons cover sheet and is incorporated herein. Such percentage was calculated for each Reporting Person based on 202,233,997 Ordinary Shares outstanding as of December 31, 2023 (not including treasury shares), as reported in the Issuers Current Report on Form 6-K furnished to the Securities and Exchange Commission on February 1, 2024 less 4,719,534 Ordinary Shares repurchased by the Issuer as reported in the Issuers Current Report on Form 6-K furnished to the Commission on March 25, 2024. (c) Except as disclosed in Amendment No. 24, none of the Reporting Persons nor (to the Reporting Persons knowledge) any person set forth in Item 2 of the Original 13D, has engaged in any transactions in the Ordinary Shares during the past 60 days. (d) To the best knowledge of the Reporting Persons, no other person other than the Reporting Persons has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities beneficially owned by the Reporting Persons identified in this Item 5. Item7. Material to Be Filed as Exhibits Exhibit A Joint Filing Agreement Exhibit B N/A Exhibit C Press Release dated April 8, 2022 1 Exhibit D Letter to Euronav NV dated April 26, 2022 2 Exhibit E Press release dated July 12, 2022 3 Exhibit F Letter to Supervisory Board of Euronav NV dated December 14, 2022 4 Exhibit G Letter to Euronav NV dated January 16, 2023 5 Exhibit H Press Release dated February 9, 2023 6 Exhibit I Transcript of CMB Conference Call held on February 15, 2023 7 Exhibit J Press Release dated October 9, 2023 8 Exhibit K Press Release of CMB under Article 8 of the Takeover RD dated October

Signatures

Signatures After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. March 25, 2024 Dated COMPAGNIE MARITIME BELGE NV By: /s/ Ludovic Saverys Name: Ludovic Saverys Title: Chief Financial Officer SAVERCO NV By: /s/ Ludovic Saverys Name: Ludovic Saverys Title: Director ALEXANDER SAVERYS /s/ Alexander Saverys LUDOVIC SAVERYS /s/ Ludovic Saverys MICHAEL SAVERYS /s/ Michael Saverys

View Full Filing

View this SC 13D/A filing on SEC EDGAR