Brief: BW LPG Initiating Offer To Buy Back Own Shares

BW LPG

12/06/2023 07:13

June 12 (Reuters) - BW LPG Ltd  BWLPG.OL :
    * BW LPG LIMITED: INITIATING OFFER TO BUY BACK OWN SHARES
    * BW LPG LIMITED HEREBY LAUNCHES TENDER OFFER TO PURCHASE
SHARES
IN CO FOR AMOUNT UP TO EQUIVALENT OF USD 25-50 MILLION
    * OFFERING WILL BE CONDUCTED AS REVERSE BOOKBUILDING PROCESS
IN
WHICH SHAREHOLDERS CAN SUBMIT SALES OFFERS
    * CO INTENDS TO ACQUIRE SHARE EQUIVALENT OF USD 25-50
MILLION,
SUBJECT TO OFFER DEMAND AND PRICES AND AS FURTHER DETERMINED BY
COMPANY'S BOARD
    * COMPANY RESERVES RIGHT, AT ITS OWN DISCRETION, TO ACQUIRE
FEWER
SHARES OR NO SHARES AT ALL IN OFFERING
    * PURCHASE OF SHARES WILL NOT IMPACT PREVIOUSLY ANNOUNCED
DIVIDEND
GUIDANCE

Source text for Eikon:  ID:nObif7QR1a 
Further company coverage:  BWLPG.OL 

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