Euronav shares jump on supervisory board reshuffle

Frontline

23/03/2023 14:06

** Shares in Euronav  EUAV.BR  jump 5% after a special
shareholder meeting voted in new members of the Belgian
company's supervisory board
    ** The new supervisory board will consist of seven members:
three people from the old Euronav board, two representatives of
the company's largest shareholder CMB, and two representatives
of Famatown, including John Fredriksen
    ** Famatown belongs to Fredriksen who also is the biggest
shareholder in Norway's Frontline  FRO.OL 
    ** In January, Frontline ended $4.2 bln merger talks with
Euronav without citing its reasons, a move that Euronav disputes

 (Reporting by Piotr Lipinski)
 ((piotr.lipinski@tr.com))