PRESS RELEASE: Disclosure regarding a transparency notification - Article 14, 1st paragraph, of the Law of 2 May 2007 relating to the disclosure of important shareholdings in listed companies
Rhea-AI Summary
CMB.TECH (NYSE: CMBT) announced a transparency notification from Saverco NV regarding a passive threshold crossing below 65% ownership. The change occurred following a capital increase on August 20, 2025, where 95,952,934 new shares were issued as part of CMB.TECH's merger with Golden Ocean Group Limited.
The notification details show that after the transaction, the combined holdings of Saverco NV, CMB NV, and CMB.TECH NV amount to 204,558,736 shares, representing 64.74% of total voting rights. The largest stake is held by CMB NV with 56.56%, followed by CMB.TECH NV with 8.17%, and Saverco NV with 0.01%.
Positive
- None.
Negative
- Dilution of existing shareholders' voting rights due to new share issuance
- Decrease in controlling shareholders' ownership percentage below 65% threshold
News Market Reaction 31 Alerts
On the day this news was published, CMBT declined 7.38%, reflecting a notable negative market reaction. Argus tracked a peak move of +3.5% during that session. Argus tracked a trough of -4.0% from its starting point during tracking. Our momentum scanner triggered 31 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $196M from the company's valuation, bringing the market cap to $2.46B at that time. Trading volume was very high at 3.5x the daily average, suggesting heavy selling pressure.
Data tracked by StockTitan Argus on the day of publication.
Antwerp, Aug. 27, 2025 (GLOBE NEWSWIRE) -- CMB.TECH NV (NYSE: CMBT, Euronext Brussels: CMBT and Euronext Oslo Børs: CMBTO) (“CMB.TECH”) received a transparency notification from Saverco NV on 25 Augustus 2025. Saverco NV has crossed below the transparency threshold of
1. Content of the notification from 25 August 2025
The notification dated 25 August 2025 contains the following information:
- Reason for the notification: Passive crossing of a threshold
- Notification by: A parent undertaking or a controlling person
- Persons subject to the notification requirement:
Saverco NV, De Gerlachekaai 20. 2000 Antwerpen
CMB NV, De Gerlachekaai 20. 2000 Antwerpen
CMB.TECH NV, De Gerlachekaai 20. 2000 Antwerpen
- Transaction date: 20/08/2025
- Threshold that is crossed:
65% - Denominator: 315,977,647
- Notified details:
| A) Voting rights | Previous notification | After the transaction | |||
| Number of voting rights | Number of voting rights | % of voting rights | |||
| Holder of voting rights | Linked to securities | Not linked to securities | Linked to securities | Not linked to securities | |
| Saverco NV | 24,400 | 24,400 | | ||
| CMB NV | 177,147,299 | 178,726,458 | | ||
| CMB.TECH NV | 25,278,554 | 25,807,878 | | ||
| Subtotal | 202.450.253 | 204,558,736 | | ||
| TOTAL | 204,558,736 | | |||
| B) Equivalent financial instruments | After the transaction | |||||
| Holders of equivalent financial instruments | Type of financial instrument | Expiration date | Exercise period or date | # of voting rights that may be acquired if the instrument is exercised | % of voting rights | Settlement |
| TOTAL | 0 | | ||||
| TOTAL (A & B) | # of voting rights | % of voting rights |
| 204.558.736 | 64, |
- Full chain of controlled undertaking through which the holding is effectively held: CMB.TECH NV is controlled by CMB NV. CMB NV is controlled by Saverco NV, which in its turn is not controlled.
- Additional information: The passive crossing of a threshold occurred as a result of the capital increase on 20 August 2025 whereby 95,952,934 new shares in CMB.TECH NV were issued in connection with the merger with Golden Ocean Group Limited.
2. Miscellaneous
This press release is available on the company’s website in the investor relations section: https://cmb.tech/investors/press-releases
The transparency notification is available on the company’s website in the investor relations section: https://cmb.tech/investors/share-information/transparency-declarations
About CMB.TECH
CMB.TECH is one of the largest listed, diversified and future-proof maritime groups in the world with a fleet of about 250 vessels: dry bulk vessels, crude oil tankers, chemical tankers, container vessels, offshore wind vessels and port vessels. CMB.TECH also offers hydrogen and ammonia fuel to customers, through own production or third-party producers.
CMB.TECH is headquartered in Antwerp, Belgium, and has offices across Europe, Asia, United States and Africa.
CMB.TECH is listed on Euronext Brussels and the NYSE under the ticker symbol “CMBT” and on Euronext Oslo Børs under the ticker symbol “CMBTO”.
More information can be found at https://cmb.tech
Forward-Looking Statements
Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbour 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 harbour provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbour 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.
Attachment
Katrien Hennin CMB.TECH +32 499393470 katrien.hennin@cmb.tech Joris Daman CMB.TECH +32 498 61 71 11 joris.daman@cmb.tech
FAQ
What caused CMB.TECH (CMBT) shareholders to cross below the 65% threshold in August 2025?
What is the current ownership structure of CMB.TECH after the August 2025 transaction?
How many new shares did CMB.TECH issue in the August 2025 merger?
What is the total number of CMB.TECH shares after the August 2025 merger?
Who controls CMB.TECH's corporate structure as of August 2025?
