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Tuesday, March 19, 2024

Euronav Postpones Public Offering

Maritime Activity Reports, Inc.

October 15, 2014

Euronav Filikon (Photo: Euronav)

Euronav Filikon (Photo: Euronav)

Citing “unfavorable current capital market conditions,” Euronav NV announced today that it is postponing its contemplated initial public offering of ordinary shares in the United States and related offer to exchange the company’s outstanding unregistered ordinary shares in Belgium for ordinary shares registered under the Securities Act of 1933, as amended.

The company said it will continue to evaluate the timing for the offerings as market conditions develop.

The registration statements on Form F-1 and Form F-4 relating to these securities have been filed with the Securities and Exchange Commission, but have not yet become effective. The securities may not be sold, nor may offers to buy be accepted, prior to the time the relevant registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities issuable pursuant to the registration statements, nor will there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

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