Repositioning of shares
Euronav is a dual listed company. The company’s shares are listed on two listing exchanges: Euronext Brussels and the New York Stock Exchange (NYSE). The shares are identical and have the same rights.
Holders of Euronav shares may in principle reposition their shares from one listing exchange to the other after completing a simple procedure for repositioning. The share register is unique but it is split in two components. The U.S. component is managed by Computershare and the Belgian component is managed by Euroclear. There is therefore no secondary listing for Euronav as both listing exchanges are considered the primary listings of Euronav.
Shareholders who wish to reposition their shares must contact their financial intermediary or custodian, who should in turn contact Euroclear Belgium (Euronav’s Belgian transfer agent) or Computershare (Euronav’s U.S. transfer agent). The transfer agents are responsible for providing assistance. Below you can also find an overview of the procedure to reposition shares and a list of Frequently Asked Questions.
When Euronav’s ordinary shares (unless otherwise restricted) are traded on the New York Stock Exchange, they are reflected on the U.S. component of the Euronav’s share register, and when they are traded through the facilities of Euronext Brussels, they are registered in the Belgian component of the Company’s share register. In the framework of corporate events (including the payment of dividends or shareholders’ meetings), Euronav may suspend the repositioning of shares for short periods of time. Euronav will inform its shareholders of such “freeze periods” on its website on the pages ‘General Assemblies, ‘Dividend’ or elsewhere, as the case may be.
Click on the links below to find:
- Frequently asked questions
- Procedure to reposition shares (provided by Euroclear)
- Repositioning form of shares held in Euroclear to the U.S. market (Euroclear)
- Share repositioning request form – U.S. to Belgium Register (Computershare)