Reference is made to the stock exchange notice published on 27 May 2021 regarding the completion of a block sale of existing shares in BW LPG Limited by BW Group Limited.

BW Group Limited has sold 5,800,000 shares in BW LPG Limited on 27 May 2021 at an average price of NOK 60.00 per share. Following this transaction, BW Group Limited holds 56,807,126 shares (40.02%) in BW LPG Limited. Please refer to the attached for further details.

For further information, please contact:

Elaine Ong, CPA, CA
Chief Financial Officer
Tel: +65 6705 5506
E-mail: [email protected]

Iver Baatvik
Head of Investor Relations and Corporate Development
Tel: +65 6705 5519
E-mail: [email protected]

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.