SINGAPORE–(BUSINESS WIRE)–Reference is made to the inventory alternate announcement made by BW LPG Restricted (BW LPG or the Firm, OSE ticker code: BWLPG.OL, NYSE ticker code BWLP) on 21 June 2024 concerning the next court docket listening to (the “Sanction Listening to”) at which the Supreme Courtroom of Bermuda (the “Courtroom”) sanctioned the scheme of association (the “Scheme”) between the Firm and its shareholders pursuant to Part 99 of the Bermuda Firms Act 1981 as amended in an effort to impact a discontinuance of the Firm from Bermuda and continuance to Singapore and undertake the structure of the Firm which can take impact upon continuance in Singapore (the “Redomiciliation”). The court docket order has been filed with the Registrar of Firms in Bermuda and the Firm has obtained the ultimate approval by the Singapore Accounting and Company Regulatory Authority.
All situations to the Scheme as set out within the Scheme have been glad or waived, the Redomiciliation has develop into efficient, and the Firm is included in Singapore, as of right now. The Firm’s registration quantity in Singapore is 202426186Z. The Firm has utilized for a brand new ISIN code and a brand new CUSIP code and can make an additional announcement with the brand new ISIN code and the brand new CUSIP code sooner or later.
About BW LPG
BW LPG is the world’s main proprietor and operator of LPG vessels, proudly owning and working Very Massive Gasoline Carriers (VLGC) with a complete carrying capability of over 3 million CBM. With 5 many years of working expertise in LPG transport, an in-house LPG buying and selling division and a rising presence in LPG terminal infrastructure and distribution, BW LPG affords an built-in, versatile, and dependable service to clients alongside the LPG worth chain. Extra details about BW LPG will be discovered at https://www.bwlpg.com.
BW LPG is related to BW Group, a number one international maritime firm concerned in transport, floating infrastructure, deepwater oil & fuel manufacturing, and new sustainable applied sciences. Based in 1955 by Sir YK Pao, BW controls a fleet of over 490 vessels transporting oil, fuel and dry commodities, with its 200 LNG and LPG ships constituting the most important fuel fleet on the earth. Within the renewables area, the group has investments in photo voltaic, wind, batteries, biofuels and water therapy.
This info is topic to disclosure necessities pursuant to Part 5-12 of the Norwegian Securities Buying and selling Act.
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Samantha Xu
Chief Monetary Officer
E-mail: investor.relations@bwlpg.com
Supply: BW LPG Restricted
