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BW LPG Limited: Successful completion of the redomiciliation to Singapore
01 Jul 2024 04:21 CEST
Singapore, 1 July 2024
Reference is made to the stock exchange announcement made by BW LPG Limited (“BW
LPG” or the “Company”, OSE ticker code: “BWLPG.OL”, NYSE ticker code “BWLP”) on
21 June 2024 regarding the subsequent court hearing (the "Sanction Hearing") at
which the Supreme Court of Bermuda (the "Court") sanctioned the scheme of
arrangement (the "Scheme") between the Company and its shareholders pursuant to
Section 99 of the Bermuda Companies Act 1981 as amended in order to effect a
discontinuance of the Company from Bermuda and continuance to Singapore and
adopt the constitution of the Company which will take effect upon continuance in
Singapore (the "Redomiciliation"). The court order has been filed with the
Registrar of Companies in Bermuda and the Company has obtained the final
approval by the Singapore Accounting and Corporate Regulatory Authority.
All conditions to the Scheme as set out in the Scheme have been satisfied or
waived, the Redomiciliation has become effective, and the Company is
incorporated in Singapore, as of today. The Company's registration number in
Singapore is 202426186Z. The Company has applied for a new ISIN code and a new
CUSIP code and will make a further announcement with the new ISIN code and the
new CUSIP code in due course.
For further information, please contact:
Samantha Xu
Chief Financial Officer
E-mail: investor.relations@bwlpg.com
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, an
in-house LPG trading division and a growing presence in LPG terminal
infrastructure and distribution, BW LPG offers an integrated, flexible, and
reliable service to customers along the LPG value chain. More information about
BW LPG can be found at https://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.
More information:
Access the news on Oslo Bors NewsWeb site
Source
BW LPG Limited
Provider
Oslo Børs Newspoint
Company Name
BW LPG
ISIN
BMG173841013, SGXZ69436764
Symbol
BWLPG
Market
Euronext Oslo Børs