23 December 2014
BW LPG Limited ends share buy back programme
(Singapore, 23 December 2014)
BW LPG Limited (“BW LPG”, the “Company”, OSE ticker code: “BWLPG”) announced a share buyback programme on December 3, 2014. BWLPG has completed the share buyback programme on December 22, 2014.
Between December 3, 2014 and December 22, 2014, a total of 3,400,000 common shares were purchased under the programme at an average price of NOK 47.74 per share, for an aggregate consideration of NOK 162,300,720 (USD 22,445,489).
The shares purchased will be held as Treasury Stock.
For further information, please contact:
Chief Financial Officer
BW LPG Limited
Tel: +65 6705 5506
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.