BW Energy: Mandatory Notifications of Trade and Disclosure of Shareholding

Source: www.gulfoilandgas.com 3/13/2024, Location: South America

Reference is made to the announcement published by BW Offshore Limited ("BW Offshore") on 30 March 2023.

BW Offshore has today partially settled a Total Return Swap (“TRS”) agreement with financial exposure to 92,910 shares in BW Energy Limited (“BW Energy") at NOK 26.65 per share. Following the transaction, BW Offshore holds TRS agreements with underlying exposure to 260,515 BW Energy shares with expiry date 5 April 2024.

Please refer to the attached notification of trading for further details.

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