UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of July 2024
Commission File Number: 001-36810
EURONAV NV
De Gerlachekaai 20
2000 Antwerpen
Belgium
011-32-3-247-4411
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [ ]
INFORMATION CONTAINED IN THIS FORM 6-K REPORT
Attached hereto as Exhibit 99.1 is a copy of the press release of Euronav NV (the “Company”), dated July 3, 2024, announcing the Supervisory Board of the Company has determined the payment details regarding the distribution to shareholders that was approved at the Company’s
Special General Meeting that was held on July 2, 2024.
The information contained in this Report on Form 6-K is hereby incorporated by reference into the Company’s
registration statement on Form F-3 (File No. 333-272785) that was filed with the U.S. Securities and Exchange Commission effective June 20, 2023.
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.
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EURONAV NV
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(Registrant)
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Dated: July 3, 2024
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By:
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/s/ Ludovic Saverys
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Ludovic Saverys
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Chief Financial Officer
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Distribution to shareholders – payment details
ANTWERP, Belgium, 3 July 2024 – Euronav NV (“EURN”, “Euronav” or “the Company”) (NYSE: EURN & Euronext: EURN) announced
yesterday that the Company’s shareholders’ meeting approved, amongst others, a distribution to shareholders. The Supervisory Board has now determined the payment details of this distribution.
The approved cash distribution is a combination of a dividend (USD 0.27 per share – COUPON 40), subject to 30% withholding tax (to the extent no exemption or
reduction applies), and a distribution out of the available share premium (USD 0.88 per share). Of the share premium distribution, USD 0.07 per share (COUPON 41) is subject to 30% withholding tax (to the extent no exemption or reduction applies).
The remaining USD 0.81 per share (COUPON 42) is exempt from withholding tax.
The timing of the distributions is as follows:
COUPONS 40, 41 & 42
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Ex-dividend date(1)
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Record date
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Payment date
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Euronext
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9 July 2024
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10 July 2024
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18 July 2024
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NYSE
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10 July 2024
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10 July 2024
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18 July 2024
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(1) |
The difference between the ex-dividend date on Euronext and on the NYSE is due to the recent change of the settlement cycle of shares traded through NYSE (T+1)
versus the settlement cycle of shares traded through Euronext (T+2).
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Contact:
Head of Marketing & Communications – Katrien Hennin
Tel: +32 499393470
Brand manager – Enya Derkinderen
Tel : +32476646359
Publication Q2 2024 results – 8 August 2024
About Euronav NV & CMB.TECH
Euronav and CMB.TECH together represent a diversified & future-proof maritime group with over 150 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 own
production or third-party producers. The company is headquartered in Antwerp, Belgium, and has offices across Europe and Asia.
Euronav is listed on Euronext Brussels and on the NYSE under the symbol EURN.
Euronav will change its group's name to CMB.TECH, effective as of 1 October. Euronav will remain the oil tanker shipping company within the group.
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PRESS RELEASE
Regulated Information
Wednesday 3 July 2024 – 22:00 CET
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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 and
vessel values, changes in demand for tanker vessel capacity, changes in our operating expenses, including bunker prices, dry-docking and insurance costs, the market for our vessels, availability of financing and refinancing, charter counterparty
performance, ability to obtain financing and comply with covenants in such financing arrangements, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation,
general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessels breakdowns and instances of off-hires and other factors. Please see our filings with the United States
Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties.