(Singapore, 10 December 2014)
BW LPG Limited ("BW LPG", the "Company", OSE ticker
code: "BWLPG") announced today that the ceiling on
the share buy-back programme is extended by 1.4
million common shares to 3.5 million common shares,
representing up to 2.57% of the Company's issued
share capital. The maximum value of the share buy-
back programme is extended by USD 10 million to USD
25 million (approximately NOK 179 million at
prevailing foreign exchange rates). The highest
price shall in no event exceed the prevailing
market price at the Oslo Stock Exchange on the
relevant trading day. The shares will be purchased
from the open market as well as potentially through
private offerings.
For further information, please contact:
Vijay Kamath
Chief Financial Officer
BW LPG Limited
Tel: +65 6705 5506
Email: vijay.kamath@bwlpg.com
ABOUT BW LPG
BW LPG is the world's largest very large gas
carrier (VLGC) owner and operator based on number
of VLGCs and by LPG carrying capacity. BW LPG owns
and operates 36 gas carriers with a total carrying
capacity of close to 3 million cbm and a further
588,000 cbm of capacity on order in Korea. With 35
years of operating experience in LPG shipping and
experienced seafarers and staff, BW LPG offers a
flexible and reliable service to customers. BW LPG
is associated with BW Group, one of the world's
leading shipping groups. BW Group is involved in
oil and gas transportation, floating gas
infrastructure, environmental technologies and deep-
water production.
This information is subject to disclosure
requirements pursuant to Section 5-12 of the
Norwegian Securities Trading Act.