CMB Amends Euronav Stake Filing

TL;DR

CMB updated its Euronav stake filing - still a major player.

AI Summary

Compagnie Maritime Belge NV (CMB) has filed an amendment (No. 26) to its Schedule 13D concerning Euronav NV, as of March 29, 2024. The filing indicates changes in beneficial ownership, with CMB, led by Ludovic Saverys, continuing to hold a significant stake in Euronav NV. The specific details of the ownership change are not fully elaborated in this excerpt, but it pertains to ordinary shares.

Why It Matters

This filing updates the market on significant ownership changes in Euronav NV, potentially impacting its stock price and strategic direction.

Risk Assessment

Risk Level: medium — Changes in beneficial ownership filings can signal shifts in control or strategy, which may affect the company's stock performance.

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

FAQ

Filing Documents

• d818240dsc13da.htm (SC 13D/A) — 106KB
• d818240dex99a.htm (EX-99.A) — 5KB
• 0001193125-24-082141.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 a total of 7,340,465 Ordinary Shares repurchased by the Issuer from March 21, 2024 through March 28, 2024 in accordance with the Issuers previously announced share buyback plan. (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

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 29, 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