(Singapore, 30 January 2023)
BW LPG Limited (“BW LPG”, the “Company”, OSE Ticker Code “BWLPG.OL”) has purchased a total of 114,868 of its own common shares on 25 January 2023 at an average price of NOK 69.79 per share. The shares were purchased in accordance with the share buyback program announced on 8 December 2021.
After these transactions, BW LPG holds 9,485,834 of its common shares, representing 6.68% of the number of issued shares. The shares purchased will be held as Treasury Stock.
A detailed overview of all transactions made under the buy-back program that have been carried out during the above-mentioned time period is attached to this report.
For further information, please contact:
Elaine Ong, CPA, CA
Chief Financial Officer
Tel: +65 6705 5506
Head of Corporate Development and Investor Relations
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, a leading global maritime company involved in shipping, floating infrastructure, deepwater oil & gas production, and new sustainable technologies. Founded in 1955 by Sir YK Pao, BW controls a fleet of over 490 vessels transporting oil, gas and dry commodities, with its 200 LNG and LPG ships constituting the largest gas fleet in the world. In the renewables space, the group has investments in solar, wind, batteries, biofuels and water treatment.
This information is subject to disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.