(Singapore, 3 June 2020)
BW LPG Limited (“BW LPG”, the “Company”, OSE ticker code: “BWLPG”) has purchased 186,304 of its own shares on 2 June 2020, at an average price of NOK 33.16 per share.
The shares were purchased in accordance with the Company’s Long-term Management Share Option Plan (“LTIP 2017”) 2020 Award of Share Options to CEO (as further detailed in the announcement dated 26 May 2020).
Following the transaction, BW LPG holds 3,842,345 of its common shares, representing 2.71% 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) 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, one of the world’s leading shipping groups. BW Group controls a fleet of over 360 ships which includes product tankers, LNG and LPG carriers, floating storage and regasification (FSRU) units, dry cargo carriers, crude oil supertankers and floating production storage and offloading (FPSO) units.
This information is subject to disclosure requirements pursuant to Section 4-2 and Section 5-2 of the Norwegian Securities Trading Act.