BW LPG Limited - Mandatory Notification of Trade
BW LPG (NYSE: BWLP) announced insider share purchases by two key executives. CEO Kristian Sørensen acquired 1,000 shares at NOK 114.6 per share, bringing his total holdings to 7,000 shares. CFO Samantha Xu purchased 2,000 shares at USD 10.0 per share, establishing an initial position of 2,000 shares.
BW LPG is the world's leading owner and operator of LPG vessels, with a fleet of Very Large Gas Carriers (VLGC) having a total carrying capacity exceeding 3 million CBM. The company provides integrated services across the LPG value chain, including vessel operations, trading, and terminal infrastructure.
BW LPG (NYSE: BWLP) ha annunciato acquisti di azioni da parte di due dirigenti chiave. Il CEO Kristian Sørensen ha acquisito 1.000 azioni a NOK 114,6 per azione, portando il suo totale a 7.000 azioni. Il CFO Samantha Xu ha comprato 2.000 azioni a USD 10,0 per azione, stabilendo una posizione iniziale di 2.000 azioni.
BW LPG è il principale proprietario e operatore mondiale di navi LPG, con una flotta di Very Large Gas Carriers (VLGC) che ha una capacità di carico totale superiore a 3 milioni di CBM. L'azienda fornisce servizi integrati lungo tutta la catena del valore LPG, inclusi operazioni navali, trading e infrastruttura terminalistica.
BW LPG (NYSE: BWLP) anunció compras de acciones por parte de dos ejecutivos clave. El CEO Kristian Sørensen adquirió 1.000 acciones a NOK 114,6 por acción, aumentando su total a 7.000 acciones. La CFO Samantha Xu compró 2.000 acciones a USD 10,0 por acción, estableciendo una posición inicial de 2.000 acciones.
BW LPG es el principal propietario y operador de buques de GLP del mundo, con una flota de Very Large Gas Carriers (VLGC) que tiene una capacidad de carga total que supera los 3 millones de CBM. La empresa proporciona servicios integrados a lo largo de la cadena de valor del GLP, incluyendo operaciones de buques, comercio e infraestructura de terminales.
BW LPG (NYSE: BWLP)는 두 명의 주요 경영진에 의한 내부 주식 구매를 발표했습니다. CEO Kristian Sørensen은 주당 114.6 NOK에 1,000주를 매입하여 총 보유 주식을 7,000주로 늘렸습니다. CFO Samantha Xu는 주당 10.0 USD에 2,000주를 구입하여 초기 보유량 2,000주를 설정했습니다.
BW LPG는 세계 최대의 LPG 선박 소유 및 운영 기업으로, 3백만 CBM을 초과하는 총 적재 용량을 가진 Very Large Gas Carrier (VLGC) 함대를 보유하고 있습니다. 이 회사는 선박 운영, 거래 및 터미널 인프라를 포함한 LPG 가치 사슬 전반에 걸쳐 통합 서비스를 제공합니다.
BW LPG (NYSE: BWLP) a annoncé des achats d'actions par deux dirigeants clés. Le PDG Kristian Sørensen a acquis 1.000 actions à 114,6 NOK par action, portant son total à 7.000 actions. La CFO Samantha Xu a acheté 2.000 actions à 10,0 USD par action, établissant une position initiale de 2.000 actions.
BW LPG est le principal propriétaire et opérateur mondial de navires LPG, avec une flotte de Very Large Gas Carriers (VLGC) ayant une capacité de charge totale supérieure à 3 millions de CBM. L'entreprise fournit des services intégrés tout au long de la chaîne de valeur du LPG, y compris les opérations de navires, le commerce et l'infrastructure des terminaux.
BW LPG (NYSE: BWLP) hat Insider-Aktienkäufe von zwei wichtigen Führungskräften bekannt gegeben. CEO Kristian Sørensen erwarb 1.000 Aktien zu 114,6 NOK pro Aktie, wodurch sich sein Gesamtbestand auf 7.000 Aktien erhöhte. CFO Samantha Xu kaufte 2.000 Aktien zu 10,0 USD pro Aktie und etablierte damit eine Anfangsposition von 2.000 Aktien.
BW LPG ist der weltweit führende Eigentümer und Betreiber von LPG-Schiffen mit einer Flotte von Very Large Gas Carriers (VLGC), die eine Gesamtkapazität von über 3 Millionen CBM haben. Das Unternehmen bietet integrierte Dienstleistungen entlang der LPG-Wertschöpfungskette, einschließlich Schiffsoperationen, Handel und Terminalinfrastruktur.
- Insider buying demonstrates management confidence in company's prospects
- Company maintains leadership position in VLGC market with over 3 million CBM capacity
- None.
Insights
The CEO's acquisition of
BW LPG's position as the world's leading VLGC operator with over 3 million CBM capacity provides significant leverage in the LPG shipping market. The insider buying occurs amid strong fundamentals in the LPG shipping sector, characterized by robust demand and favorable rate environments. The integrated business model spanning trading, terminal infrastructure and distribution creates multiple revenue streams and operational synergies.
For retail investors, insider purchases often precede positive company developments or reflect management's belief in undervaluation. The concurrent timing of these transactions by two top executives strengthens this signal, though investors should note that insider buying is just one of many factors to consider in investment decisions.
Kristian Sørensen, Chief Executive Officer
Number of shares purchased: 1,000
Price purchased at:
Total number of shares held following the purchase: 7,000
Samantha Xu, Chief Financial Officer
Number of shares purchased: 2,000
Price purchased at:
Total number of shares held following the purchase: 2,000
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 450 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 and article 19 of the EU Market Abuse Regulation.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241223542367/en/
Kristian Sørensen, CEO, BW LPG
Samantha Xu, CFO, BW LPG
E-mail: investor.relations@bwlpg.com
Source: BW LPG Limited
FAQ
How many shares did BW LPG's CEO purchase in December 2024?
What was the purchase price of BWLP shares by CFO Samantha Xu?
What is BW LPG's total fleet carrying capacity?
How many shares do BW LPG insiders hold after December 2024 purchases?
