11 March 2019
Purchase of Shares – Management Share Option Plan “LTIP 2017”
(Singapore, 9 March 2019)
BW LPG Limited (“BW LPG”, the “Company”, OSE ticker code: “BWLPG”) has purchased 139,000 of its own shares on 8 March 2019, at an average price of NOK 26.50 per share.
The shares were purchased in accordance with the Company's Long-term Management Share Option Plan (“LTIP 2017”) (as further detailed in the announcement dated 28 February 2019). Details of the plan can be found in the following link: https://www.bwlpg.com/investor-centre/press-releases/detail/Management-Share-Option-Plan-LTIP-2017
Following the transaction, BW LPG holds 3,308,921 of its common shares, representing 2.33% of the number of issued shares.
For further information, please contact:
Elaine Ong, CPA, CA
Chief Financial Officer
BW LPG Limited
Tel: +65 6705 5506
Head of Investor Relations
BW LPG Limited
Tel: +65 6705 5519
About BW LPG BW LPG is the world's leading owner and operator of LPG vessels, owning and operating Very Large Gas Carriers (VLGC) and Large Gas Carriers (LGC) with a total carrying capacity of over 4 million cbm. With four 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, one of the world's leading shipping groups. BW's controlled fleet of over 300 ships includes oil tankers, LNG and LPG carriers, floating storage and regasification (FSRU) units, chemical tankers, dry cargo carriers and floating production storage and offloading (FPSO) units.
This information is subject to disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.