19 September 2016
Acquisition of shares in Aurora LPG Holding
(Singapore, 19 September 2016)
BW LPG Limited ("BW LPG", the "Company", OSE ticker code: "BWLPG") hereby announces that on 16 September 2016, BW LPG Holding Limited, a wholly owned subsidiary of BW LPG, acquired 3,002,094 shares (10.12%) in Aurora LPG Holding ASA ("Aurora LPG"). Following this acquisition, BW LPG Holding Limited owns 8,852,841 shares in Aurora LPG, corresponding to 29.83% of the total number of shares in issue.
Additionally, BW LPG Holding Limited has acquired NOK 57 million (33.53%) of the senior unsecured bond issued by Aurora LPG maturing on 9 August 2017 (ISIN NO0010753262).
For further information, please contact:
Elaine Ong, CPA, CA
Chief Financial Officer
BW LPG Limited
Tel: +65 6705 5506
John Papaioannou, CFA
Senior Manager, Strategy & Investor Relations
BW LPG Limited
Tel: +65 6705 5514
About BW LPG
BW LPG is the world's leading and largest very large gas carrier (VLGC) owner and operator based on number of VLGCs and by LPG carrying capacity. BW LPG currently owns and operates 41 gas carriers with a total carrying capacity of over 3.1 million cbm. In addition, BW LPG has 6 VLGC newbuildings under construction. With more than 37 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.