Euronav NV: Conversion of Convertible Bonds Issued in 2013

MarineLink.com
Friday, December 20, 2013

Euronav NV announces that on December 19, 2013 its share capital was increased following the exercise of the conversion option of 64 convertible bonds issued in 2013 and maturing in 2018. That resulted in the issuance of 1,041,607 new ordinary shares, for which admission to trading on Euronext Brussels has been requested.


That results in the following overview:       Before                            Current
Total subscribed capital (USD)                  57,804,387.17               58,936,522.32
Total number of ordinary shares in issue (with voting rights)*          53,182,210            54,223,817
Total number of outstanding convertible bonds maturing 2015        250                     250
Total number of outstanding convertible bonds maturing 2018         1,162        1,098
* of which 1,750,000 shares are treasury shares
 

The further impact of a possible conversion of convertible instruments issued by the company on the capital and the number of shares is set out in detail in the board report dated 15 December 2013, which is available from the investors’ section on our website www.euronav.com .

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