(Singapore, 5 January 2022)
BW LPG Limited (“BW LPG”, the “Company”, OSE Ticker Code “BWLPG.OL”) has purchased a total of 534,716 of its own common shares from 27 December 2021 to 5 January 2022 at an average price of NOK 49.6438 per share. The shares were purchased in accordance with the share buy-back programme announced on 8 December 2021 (https://www.bwlpg.com/media/press-release/bw-lpg-sells-two-vessels-and-initiates-share-buy-back-programme/).
After these transactions, BW LPG holds 5,298,480 of its common shares, representing 3.73% 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 programme that have been carried out during the above-mentioned time period is attached to this report.
For further information, please contact:
Elaine Ong, CPA, CA
Chief Financial Officer
Tel: +65 6705 5506
E-mail: elaine.ong@bwlpg.com
Iver Baatvik
Head of Corporate Development and Investor Relations
Tel: +65 6705 5519
E-mail: iver.baatvik@bwlpg.com
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 and experienced seafarers and staff, BW LPG offers a 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. BW Group controls a fleet of over 420 ships transporting crude oil, oil products, and dry commodities, and comprises one of the largest gas fleets in the world with over 190 LNG and LPG vessels.
This is information is subject to the disclosure requirements under the EU Market Abuse Regulation, Commission Regulation 2016/1052 and Section 5-12 of the Norwegian Securities Trading Act.
