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Euronav NV — Capital/Financing Update 2013
Dec 20, 2013
3946_rns_2013-12-20_e88210c4-a331-4fbb-a510-a2f15e91620a.pdf
Capital/Financing Update
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20 DECEMBER 2013 – 8.15 a.m.
CONVERSION OF CONVERTIBLE BONDS ISSUED IN 2013
ANTWERP, Belgium, 20 December 2013 – Euronav NV announces that on 19 December 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 .
* * *
Contact: Mr. Hugo De Stoop - CFO Tel: +32 3 247 44 11
Fourth quarter results 2013: Tuesday, 21 January 2014 Final results 2013: Thursday, 27 March 2014
About Euronav Euronav is one of the world's leading independent tanker companies engaged in the ocean transportation and storage of crude oil and petroleum products. 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 fleet, consists of 36 double hulled vessels being 1 V-Plus, 2 FSO vessels (both owned in 50%-50% joint venture), 11 VLCCs (of which 2 in joint venture) and 22 Suezmaxes (of which 4 in joint venture). Euronav vessels fly Belgian, Greek and French flag. 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.