ANTWERP, Belgium, April 28, 2015 /PRNewswire/ --
Euronav NV (NYSE:EURN & Euronext:EURN) ("Euronav" or the "Company") announced today that following the approval of a listing prospectus (the "Prospectus") by the Belgian Financial Services and Markets Authority 28,699,000 existing shares have been admitted to listing on Euronext Brussels. This relates to (i) 10,000,000 shares that were swapped by one of Euronav's core shareholders against listed shares in order to enable Euronav to successfully conclude its private placement on 14 July 2014, and (ii) the 18,699,000 shares that were issued on 28 January 2015 in Euronav's initial public offering in the United States as further set out in the Prospectus, a copy of which is available on the Company's website at http://www.euronav.com.
This press release contains "forward-looking statements." Statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates", "projects", "forecasts", "may", "should" and similar expressions are forward-looking statements. These statements are not historical facts but instead represent only the Company's belief regarding future results, many of which, by their nature are inherently uncertain and outside of the Company's control. Actual results may differ, possibly materially, from those anticipated in these forward-looking statements. For a discussion of some of the risks and important factors that could affect future results, see the discussion in the Company's registration statements, as amended, as filed with the SEC under the heading "Risk Factors." The Company does not assume any obligation to update the information contained in this press release.
Euronav is an independent tanker company engaged in the ocean transportation and storage of crude oil. The company is headquartered in Antwerp, Belgium, and has offices throughout Europe and Asia. Euronav is listed on Euronext Brussels and on the NYSE under the symbol EURN. Euronav employs its fleet both on the spot and period market. VLCCs on the spot market are traded in the Tankers International pool of which Euronav is one of the major partners. Euronav's owned and operated fleet consists of 53 double hulled vessels being 1 V-Plus, 2 FSO vessels (both owned in 50%-50% joint venture), 27 VLCCs (of which 1 in 50%-50% joint venture) and 23 Suezmaxes (of which 4 in 50%-50% joint venture). The company's vessels mainly fly Belgian, Greek, French and Marshall Island flags.
Regulated information within the meaning of the Royal Decree of 14 November 2007.
SOURCE Euronav NV