{"id":942544,"date":"2026-03-06T05:47:06","date_gmt":"2026-03-06T10:47:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/bw-lpg-limited-management-share-option-plan-ltip-2022-award-and-exercise-of-share-options\/"},"modified":"2026-03-06T05:47:06","modified_gmt":"2026-03-06T10:47:06","slug":"bw-lpg-limited-management-share-option-plan-ltip-2022-award-and-exercise-of-share-options","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bw-lpg-limited-management-share-option-plan-ltip-2022-award-and-exercise-of-share-options\/","title":{"rendered":"BW LPG Limited: Management Share Option Plan \u201cLTIP 2022\u201d \u2013 Award and Exercise of Share Options"},"content":{"rendered":"

<\/p>\n

BW LPG Limited: Management Share Option Plan \u201cLTIP 2022\u201d \u2013 Award and Exercise of Share Options<\/b><\/p>\n

SINGAPORE–(BUSINESS WIRE<\/a>)–
\nOn 3 March 2026, the Board of Directors of BW LPG Limited (\u201cBW LPG” or the “Company”, OSE ticker code: “BWLPG.OL”, NYSE ticker code “BWLP) has approved the award of share options to senior management and certain employees of the Company.<\/p>\n

\nThis is the final annual award of share options under the five-year long-term management share option plan (\u201cLTIP 2022\u201d) which was launched on 1 March 2022. The options are awarded in connection with the publication of the quarterly report for Q4 2025 and the total number of options that are awarded in 2026 is 506,631.<\/p>\n

\nOn 4 March 2026, certain primary insiders have exercised vested share options. The exercised options will be settled by the Company by transfer of treasury shares which the Company has bought in the market for this purpose. Following the transfer, the Company will hold 7,467,396 treasury shares.<\/p>\n

\nPlease find more details as described below and in the attached forms<\/a>.<\/p>\n

\nKristian Sorensen, Chief Executive Officer\u00a0
\n
Options granted in 2026: 220,647\u00a0
\n
Options (granted on 28 February 2023) exercised, each having a strike price of NOK 32.192: 120,647\u00a0
\n
Options (granted on 1 October 2023) exercised, each having a strike price of NOK 85.907: 100,000<\/p>\n

\nSamantha Xu, Chief Financial Officer\u00a0
\n
Options granted in 2026: 85,000<\/p>\n

\nProdyut Banerjee, Chief Operations Officer\u00a0
\n
Options granted in 2026: 50,812\u00a0
\n
Options (granted in 2023) exercised, each having a strike price of NOK 32.192: 50,812<\/p>\n

\nKnut-Helge Knutsen, Chief Technical Officer\u00a0
\n
Options granted in 2026: 50,812\u00a0
\n
Options (granted in 2023) exercised, each having a strike price of NOK 32.192: 50,812<\/p>\n

About BW LPG<\/b><\/p>\n

\nBW LPG is the world\u2019s leading owner and operator of LPG vessels, with a fleet of about 50 Very Large Gas Carriers (VLGCs), including 22 vessels powered by LPG dual-fuel propulsion technology. Building on over five decades of LPG shipping experience, the company is strengthened by an in-house LPG trading division and the commercial expertise to explore investments in value chain assets. Together, these capabilities enable BW LPG to provide trusted and reliable services for sourcing and delivering LPG to customers worldwide. Delivering energy for a better world \u2013 more information about BW LPG can be found at www.bwlpg.com<\/a>.<\/p>\n

\nBW 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, and water treatment.<\/p>\n

\nThis 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.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260306217940\/en\/<\/a><\/span><\/p>\n

For further information, please contact:
\n<\/b>
Samantha Xu
\n
Chief Financial Officer
\n
E-mail: investor.relations@bwlpg.com<\/a><\/p>\n

KEYWORDS:<\/b> New York United States Singapore Southeast Asia North America Asia Pacific Europe Norway<\/p>\n

INDUSTRY KEYWORDS:<\/b> Professional Services Maritime Transport Oil\/Gas Energy Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

BW LPG Limited: Management Share Option Plan \u201cLTIP 2022\u201d \u2013 Award and Exercise of Share Options SINGAPORE–(BUSINESS WIRE)– On 3 March 2026, the Board of Directors of BW LPG Limited (\u201cBW LPG” or the “Company”, OSE ticker code: “BWLPG.OL”, NYSE ticker code “BWLP) has approved the award of share options to senior management and certain employees of the Company. This is the final annual award of share options under the five-year long-term management share option plan (\u201cLTIP 2022\u201d) which was launched on 1 March 2022. The options are awarded in connection with the publication of the quarterly report for Q4 2025 and the total number of options that are awarded in 2026 is 506,631. On 4 March 2026, certain primary … <\/p>\n

Continue reading “BW LPG Limited: Management Share Option Plan \u201cLTIP 2022\u201d \u2013 Award and Exercise of Share Options”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-942544","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBW LPG Limited: Management Share Option Plan \u201cLTIP 2022\u201d \u2013 Award and Exercise of Share Options - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bw-lpg-limited-management-share-option-plan-ltip-2022-award-and-exercise-of-share-options\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BW LPG Limited: Management Share Option Plan \u201cLTIP 2022\u201d \u2013 Award and Exercise of Share Options - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BW LPG Limited: Management Share Option Plan \u201cLTIP 2022\u201d \u2013 Award and Exercise of Share Options SINGAPORE–(BUSINESS WIRE)– On 3 March 2026, the Board of Directors of BW LPG Limited (\u201cBW LPG” or the “Company”, OSE ticker code: “BWLPG.OL”, NYSE ticker code “BWLP) has approved the award of share options to senior management and certain employees of the Company. This is the final annual award of share options under the five-year long-term management share option plan (\u201cLTIP 2022\u201d) which was launched on 1 March 2022. The options are awarded in connection with the publication of the quarterly report for Q4 2025 and the total number of options that are awarded in 2026 is 506,631. 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