BW Offshore: Operational and financial update
BW Offshore: Operational and financial update
âŚog dette betyrâŚhva?
BW ENERGY LIMITED - End of stabilisation period
NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN
OR INTO THE UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIES AND POSSESSIONS,
ANY STATE OF THE UNITED STATES OF AMERICA AND THE DISTRICT OF COLUMBIA) (THE
âUNITED STATESâ), AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION
OF THE PEOPLEâS REPUBLIC OF CHINA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH
THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.
20 March 2020
Reference is made to the stock exchange announcement published on 19 February
2020 regarding potential stabilization activities in respect of the shares in BW
Energy Limited (the âCompanyâ) in the period from 19 February 2020 to and
including 19 March 2020 (the âStabilization Periodâ) in connection with the
Companyâs initial public offering (the âIPOâ) as further set out in the
Companyâs prospectus dated 29 January 2020, supplemental prospectus dated 13
February 2020 and IPO completion stock exchange announcement published on 17
February 2020.
Pareto Securities AS (the âStabilization Managerâ) hereby gives notice that
stabilization activities have been undertaken in relation to the shares in the
Company and that a total of 7,035,630 shares were purchased at an average price
of NOK 18.6059 per share during the Stabilization Period.
For each of the dates during which stabilization activities were carried out,
the price range for the stabilization activities was as follows:
Date Price (min) Price (max)
19 Feb 2020 24.00 24.40
20 Feb 2020 23.97 24.385
21 Feb 2020 24.15 24.40
24 Feb 2020 21.80 24.17
25 Feb 2020 20.355 22.28
26 Feb 2020 19.476 20.20
27 Feb 2020 16.80 19.468
28 Feb 2020 17.00 17.48
2 Mar 2020 17.274 17.92
3 Mar 2020 17.00 19.558
4 Mar 2020 19.00 19.79
5 Mar 2020 18.95 20.10
6 Mar 2020 17.40 18.976
9 Mar 2020 11.00 13.00
10 Mar 2020 10.80 12.70
11 Mar 2020 10.50 11.00
12 Mar 2020 9.50 10.488
13 Mar 2020 10.50 11.00
16 Mar 2020 8.90 10.35
17 Mar 2020 9.00 9.79
18 Mar 2020 8.26 9.50
19 Mar 2020 8.006 9.00
The Stabilization Manager will redeliver the shares purchased through
stabilization activities to BW Offshore Limited (the âRedeliveryâ) in accordance
with the terms in the lending agreement between the parties. The redelivery
obligation under the lending agreement will be satisfied in full by the
Redelivery and the Stabilization Manager will thus not exercise its greenshoe
option to acquire shares from the Company. After the Redelivery, BW Offshore
Limited holds 90,840,553 shares in the Company, representing approximately
38.77% of the outstanding shares in the Company. The Company will receive the
profit generated from the abovementioned stabilization activities.
BW Offshore: Update on the FPSO Cidade de Sao Mateus contracts
BW Offshore: Initiation of share buy-back program
BW Offshore: Mandatory notification of trade
BW Offshore: Mandatory notification of trade
BW Offshore: Mandatory notification of trade
BW Offshore: Update on FPSO Umuroa
@Kaisovski - har du noen anelse om hvor mange aksjer de skal kjøpe tilbake og i hvor lang tid de skal gjøre dette?
$10m verdt, frem tom 30. juni.
Ved dagens verdsettelse snakker vi da om totalt rundt 4,5m aksjer.
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BW Offshore: Mandatory notification of trade
BW Offshore: Mandatory notification of trade
Har ikke fütt helt tak i hva de tilbakekjøpte aksjene skal brukes til, noen som vet?
FĂĽtt inntrykk av at de ikke skal slettes i hvertfall.