2013-03-04 08:32:15 -
The following insiders of BW Offshore Limited have on Friday 1 March 2013
purchased shares in BW Offshore Limited.
Carl K. Arnet, CEO in BW Offshore, purchased 250,000 shares at NOK 6.30 per
share through his privately held company Kolbjørn Invest II AS. A close
associate of Carl K. Arnet purchased 40,000 shares at NOK 6.30 per share.
Following these transactions, Mr. Arnet and his close associates, directly and
indirectly, hold 6,773,081 shares in BW Offshore Limited.
Knut R. Sæthre, CFO in BW Offshore, purchased 100,000 shares at NOK 6.30 per
share. Following this transaction, Mr. Sæthre holds 595,468 shares in BW
Kristian Flaten, VP IR & Corporate Finance in BW Offshore, purchased 25,000
shares at NOK 6.29 per share. Following this transaction, Mr. Flaten holds
75,000 shares in BW
For further information, please contact:
Kristian Flaten, Vice President IR and Corporate Finance, +47 9509 2322
About BW Offshore:
BW Offshore is a leading global provider of floating production services to the
oil and gas industry. BW Offshore is the world's second largest contractor with
a fleet of 14 FPSOs and 1 FSO represented in all major oil regions world-wide.
BW Offshore has a long track record on project execution and operations, as well
as a robust balance sheet and strong financial capabilities. In more than 30
years of production, BW Offshore has executed 37 FPSO and FSO projects. The
company is listed on the Oslo Stock Exchange. Further information is also
available on www.bwoffshore.com
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
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originality of the information contained therein.
Source: BW Offshore via Thomson Reuters ONE