BW LPG Limited (“BW LPG”, the “Company”, OSE Ticker Code “BWLPG.OL”) has purchased a total of 122,800 of its own common shares from 27 July to 28 July 2023 at an average price of NOK 105.2403 per share. The shares were purchased in accordance with the share buy-back program announced on 18 July 2023.
After these transactions, BW LPG holds 8,926,105 of its common shares, representing 6.38% of the number of issued shares. The shares purchased will be held as Treasury Stock.
A detailed overview of all transactions made under the buy-back program that have been carried out during the above-mentioned time period is attached to this report.
For further information, please contact:
Anders Onarheim
Chief Executive Officer
E-mail: [email protected]
Iver Baatvik
Interim Chief Financial Officer
Head of Investor Relations and Corporate Development
E-mail: [email protected]
About BW LPG
BW LPG is the world’s leading owner and operator of LPG vessels, owning and operating Very Large Gas Carriers (VLGC) with a total carrying capacity of over 3 million CBM. With five decades of operating experience in LPG shipping, experienced employees and an in-house LPG trading division, BW LPG offers an integrated, flexible, and reliable service to customers. More information about BW LPG can be found at www.bwlpg.com.
BW LPG is associated with BW Group, a leading global maritime company involved in shipping, floating infrastructure, deepwater oil & gas production, and new sustainable technologies. Founded in 1955 by Sir YK Pao, BW controls a fleet of over 490 vessels transporting oil, gas and dry commodities, with its 200 LNG and LPG ships constituting the largest gas fleet in the world. In the renewables space, the group has investments in solar, wind, batteries, biofuels and water treatment.
This information is subject to the disclosure requirements pursuant to Article 5 of the EU Market Abuse Regulation and Section 5-12 of the Norwegian Securities Trading Act.