BW Energy – Update on the Mandatory Offer for All Shares in BW Energy From BW Group
13 Dicembre 2023 - 5:21PM
BW Energy – Update on the Mandatory Offer for All Shares in BW
Energy From BW Group
UPDATE ON THE MANDATORY OFFER FOR ALL SHARES IN BW ENERGY
FROM BW GROUP
Ticker: BWE
Oslo, 13 December 2023 - Reference is made to the announcement
made by BW Group Limited (the "Offeror") on 30
November 2023 regarding the Offeror's intention to launch a
mandatory offer for all remaining shares in BW Energy Limited
("BW Energy") (the "Offer").
BW Energy has today been informed by the Offeror that the offer
price per shares under the Offer will be NOK 27.00 and that the
offer document is expected to be published today, 13 December 2023
with the offer period commencing on 14 December 2023, subject to
final approval by the Oslo Stock Exchange.
The board of directors of BW Energy will issue a statement and
its recommendations with respect to the Offer as soon as possible
after publication of the offer document.
For further information, please contact:
Knut R. Sæthre, CFO BW Energy, +47 91 11 78 76
ir@bwenergy.no
About BW Energy:
BW Energy is a growth E&P company with a differentiated
strategy targeting proven offshore oil and gas reservoirs through
low risk phased developments. The Company has access to existing
production facilities to reduce time to first oil and cashflow with
lower investments than traditional offshore developments. The
Company's assets are 73.5% of the producing Dussafu Marine licence
offshore Gabon, 100% interest in the Golfinho and Camarupim fields,
a 76.5% interest in the BM-ES-23 block in, a 95% interest in the
Maromba field in Brazil and a 95% interest in the Kudu field in
Namibia, all operated by BW Energy. Total net 2P+2C reserves and
resources were 546 million barrels of oil equivalents at the start
of 2023, when including the Golfinho Clusters.
This information is considered inside information pursuant to
the EU Market Abuse Regulation and is subject to the disclosure
requirements pursuant to Section 5-12 the Norwegian Securities
Trading Act. This stock exchange release was published by Regine
Elisabeth Andersen, 13 December 2023.
Grafico Azioni BW Energy (TG:6BW)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni BW Energy (TG:6BW)
Storico
Da Lug 2023 a Lug 2024