BWO - mandatory notification of trade
1/17/2013 2:26 AM EST
(Bermuda, 17 January 2013): BW Group Limited hereby
gives mandatory notice of change in shareholding in
BW Offshore Limited ("BWO") pursuant to the
Securities Trading Act section 4-1. BW Group Limited
is represented on the board of BWO by Dr. Helmut
Sohmen (Chairman) and Mr. Andreas Sohmen-Pao. BW
Group Limited has on 16 January 2013 purchased
8,000,000 shares in BWO at a price of NOK 5.15 per
share. Following the transaction, BW Group Limited
holds 342,312,248 shares in BWO, constituting 49.8%
of the total issued votes and shares of BWO.