Disclosure regarding a transparency declaration

02 Feb 2018 08:10 CET

DISCLOSURE REGARDING

A TRANSPARENCY NOTIFICATION

(article 14, 1^st paragraph, of the Law of 2 May 2007

relating to the disclosure of

important shareholdings in listed companies)

1. Summary of the notification

    

ANTWERP, Belgium, 2 February 2018 – Euronav NV (NYSE: EURN & Euronext: EURN) (“Euronav” or the “Company”) received a transparency notification dated 1 February 2018 from Châteauban SA, a holding company part of the CLdN-Cobelfret group whose main activities are in bulk shipments, ro-ro shipments and port companies. Following the acquisition of voting securities or voting rights on 31 January 2018, Châteauban SA now holds 10% of the voting rights in the Company.

1. Content of the notification

    

The notification dated 1 February 2018 contains the following information:

• Reason for the notification:

Acquisition or disposal of voting securities or voting rights

• Notification by:

A person that notifies alone

• Persons subject to the notification requirement:

Châteauban SA, 3-7 rue Schiller, L-2519 Luxembourg, Luxembourg

• Transaction date:

31 January 2018

• Threshold that is crossed:

10%

• Denominator:

159,208,949

• Notified details:

   

• Chain of controlled undertakings through which the holding is effectively held:

Not applicable

1. Miscellaneous

This press release is available on the Company’s website in the investor relations section: https://www.euronav.com/en/investors/company-news-reports/press-releases/2018/.

Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words "believe", "anticipate", "intends", "estimate", "forecast", "project", "plan", "potential", "may", "should", "expect", "pending" and similar expressions identify forward-looking statements.

The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management's examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections.

In addition to these important factors, other important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the failure of counterparties to fully perform their contracts with us, the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for tanker vessel capacity, changes in our operating expenses, including bunker prices, dry-docking and insurance costs, the market for our vessels, availability of financing and refinancing, charter counterparty performance, ability to obtain financing and comply with covenants in such financing arrangements, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessels breakdowns and instances of off-hires and other factors. Please see our filings with the United States Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties.

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Contact:

Mr. Brian Gallagher – Euronav Investor Relations

Tel: +44 20 7870 0436

Email: IR@euronav.com

Announcement of final year results 2017: Wednesday, 21 March 2018

Regulated information within the meaning of the Royal Decree of 14 November 2007.

Connect_180202_transparancy_declaration.pdf