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Antwerp, Belgium, 15th October 2014 Euronav NV (the “Company” or “Euronav”) (Euronext: EURN) announced today that due to unfavourable current capital market conditions, it is postponing its contemplated initial public offering of ordinary shares in the United States and relate d 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 will continue to evaluate the most appropriate 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, normay 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. About Euronav Euronav is one of the world's leading independent tanker companies 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 NYSE Euronext Brussels 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 49 double hulled vessels being 1 V-Plus, 2 FSO vessels (both owned in 50%-50% joint venture), 23 VLCCs of which 1 in joint venture and 23 Suezmaxes (of which 4 in joint venture). Deliveries of the remaining Maersk Tanker VLCCs will increase the Company’s tanker fleet by another 4 VLCCs. The Company’s vessels mainly fly Belgian, Greek, French and Marshall Island flags. More detailed information can be found on the Company’s website: www.euronav.com. Regulated information within the meaning of the Royal Decree of 14 November 2007. Euronav NV press release 
Crude Oil Tanker "Cap Isabella" |
