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6-K

BW LPG Ltd (BWLP)

6-K 2024-08-30 For: 2024-08-30
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Added on April 10, 2026

UNITED STATES

SECURITIES AND EXCHANGECOMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TORULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of August, 2024

Commission File Number: 001-42008

BW LPG Limited
(Translation<br> of registrant’s name into English)
c/o BW LPG Holding Pte Ltd<br><br> <br>10 Pasir Panjang Road,<br><br> <br>#17-02 Mapletree Business City, Singapore 117438
---
(Address<br> of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  ⌧            Form 40-F  ¨

DOCUMENTS TO BE FURNISHED AS PART OF THIS FORM 6-K

Exhibit Number Description
99.1 BW LPG Limited – Management Share Option Plan “LTIP 2022” – Exercise of options and sale of shares by primary insiders

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

BW LPG Limited
By: /s/<br> Samantha Xu
Name: Samantha<br> Xu
Title: Chief<br> Financial Officer
Date:<br> August 30, 2024

Exhibit 99.1

BW LPG Limited - Management Share Option Plan “LTIP 2022” – Exercise of options and sale of shares by primary insiders

Singapore, 30 August 2024

With reference to the press release on 15 July 2024 for the accelerated vesting of options granted on 1 March 2022 under “LTIP 2022”, on 29 August 2024, primary insiders of BW LPG Limited (“BW LPG” or the “Company”, OSE ticker code: “BWLPG.OL”, NYSE ticker code “BWLP”) have exercised these vested options and sold shares in BW LPG in the market. More details about the accelerated vesting of options can be found at: https://www.bwlpg.com/media/press-release/bw-lpg-limited-accelerated-vesting-of-ltip-2022-options/

The exercised options were settled by the Company by transfer of treasury shares. Following the transfer, the Company will hold 7,743,557 treasury shares.

The exercise of vested options and sale of shares by the primary insiders are as set out below:

Prodyut Banerjee, Vice President and Head of Operations

Options (granted in 2022) exercised, each having a strike price of NOK 0.7457: 24,840

Total number of shares held following the option exercise: 24,840

Number of shares sold: 24,840

Average price sold at: NOK 161.1115 per share

Number of shares held following the sale: 0

Knut-Helge Knutsen, Vice President and Head of Technical

Options (granted in 2022) exercised, each having a strike price of NOK 0.7457: 24,840

Total number of shares held following the option exercise: 24,840

Iver Baatvik, Vice President and Head of Corporate Development

Options (granted in 2022) exercised, each having a strike price of NOK 0.7457: 24,840

Total number of shares held following the option exercise: 24,840

Please refer to the attached for further details.

For further information, please contact:

Samantha Xu

Chief Financial Officer

E-mail: investor.relations@bwlpg.com

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About BW LPG

BW LPG is the world’s leading owner and operator of LPG vessels, owning and operating Very Large Gas Carriers (VLGC) with a total carrying capacity of over 3 million CBM. With five decades of operating experience in LPG shipping, an in-house LPG trading division and a growing presence in LPG terminal infrastructure and distribution, BW LPG offers an integrated, flexible, and reliable service to customers along the LPG value chain. More information about BW LPG can be found at https://www.bwlpg.com.

BW 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 490 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, biofuels and water treatment.

This 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.

2
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Prodyut<br> Banerjee
2 Reason for the notification
a) Position/status Vice<br> President and Head of Operations
b) Initial<br> notification/Amendment Initial<br> notification
3 Details of issuer
a) Name BW<br> LPG Ltd
b) LEI 5493006WBEME88YFDW23
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description<br> of the financial instrument, type of instrument<br><br> <br>Identification code Options<br> relating to shares in BW LPG Ltd (ISIN SGXZ69436764)
b) Nature<br> of the transaction Exercise<br> of options relating to shares in BW LPG Ltd (ISIN SGXZ69436764)
c) Price(s) and<br> volume(s) Price(s) Volume(s)
--- --- --- ---
**** NOK<br> 0.7457 24,840
d) Aggregated<br> information<br><br> <br>— Aggregated<br> volume<br><br> <br>— Price Exercise<br> of 24,840 options for a total of NOK 18,523.
--- --- ---
e) Date<br> of the transaction 2024-08-29
f) Place<br> of the transaction Outside<br> a trading venue
3
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Knut-Helge<br> Knutsen
2 Reason for the notification
a) Position/status Vice<br> President and Head of Technical
b) Initial<br> notification/Amendment Initial<br> notification
3 Details of issuer
a) Name BW<br> LPG Ltd
b) LEI 5493006WBEME88YFDW23
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description<br> of the financial instrument, type of instrument<br><br> <br>Identification code Options<br> relating to shares in BW LPG Ltd (ISIN SGXZ69436764)
b) Nature<br> of the transaction Exercise<br> of options relating to shares in BW LPG Ltd (ISIN SGXZ69436764)
c) Price(s) and<br> volume(s) Price(s) Volume(s)
--- --- --- ---
**** NOK<br> 0.7457 24,840
d) Aggregated<br> information<br><br> <br>— Aggregated<br> volume<br><br> <br>— Price Exercise<br> of 24,840 options for a total of NOK 18,523.
--- --- ---
e) Date<br> of the transaction 2024-08-29
f) Place<br> of the transaction Outside<br> a trading venue
4
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Iver<br> Baatvik
2 Reason for the notification
a) Position/status Vice<br> President and Head of Corporate Development
b) Initial<br> notification/Amendment Initial<br> notification
3 Details of issuer
a) Name BW<br> LPG Ltd
b) LEI 5493006WBEME88YFDW23
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description<br> of the financial instrument, type of instrument<br><br> <br>Identification code Options<br> relating to shares in BW LPG Ltd (ISIN SGXZ69436764)
b) Nature<br> of the transaction Exercise<br> of options relating to shares in BW LPG Ltd (ISIN SGXZ69436764)
c) Price(s) and<br> volume(s) Price(s) Volume(s)
--- --- --- ---
**** NOK<br> 0.7457 24,840
d) Aggregated<br> information<br><br> <br>— Aggregated<br> volume<br><br> <br>— Price Exercise<br> of 24,840 options for a total of NOK 18,523.
--- --- ---
e) Date<br> of the transaction 2024-08-29
f) Place<br> of the transaction Outside<br> a trading venue
5
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Prodyut<br> Banerjee
2 Reason for the notification
a) Position/status Vice<br> President and Head of Operations
b) Initial<br> notification/Amendment Initial<br> notification
3 Details of issuer
a) Name BW<br> LPG Ltd
b) LEI 5493006WBEME88YFDW23
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description<br> of the financial instrument, type of instrument<br><br> <br>Identification code Shares<br> in BW LPG Ltd (ISIN SGXZ69436764)
b) Nature<br> of the transaction Sale<br> of shares in BW LPG Ltd (ISIN SGXZ69436764)
c) Price(s) and<br> volume(s) Price(s) Volume(s)
--- --- --- ---
**** NOK<br> 161.1115 24,840
d) Aggregated<br> information<br><br> <br>— Aggregated<br> volume<br><br> <br>— Price Sale of 24,840 shares for a total of NOK4,002,010.
--- --- ---
e) Date<br> of the transaction 2024-08-29
f) Place<br> of the transaction Oslo Stock Exchange, MIC: XOSL
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Appendix

Prodyut Banerjee
Sale of shares in BW LPG Ltd (ISIN SGXZ69436764) on 29 August 2024
Price Volume Amount Price Volume Amount
159.9000 53 8,528 161.0000 2,040 328,494
159.9500 5 853 161.0500 240 38,706
160.0000 185 29,653 161.1000 6,814 1,097,735
160.0500 165 26,462 161.1500 16 2,578
160.1000 150 24,068 161.2000 1,338 215,632
160.1500 348 55,786 161.2200 24 3,923
160.2000 322 51,638 161.2500 223 35,905
160.3000 183 29,335 161.3000 902 145,546
160.4000 60 9,571 161.3500 489 78,846
160.5000 286 45,957 161.4000 1,211 195,455
160.5500 87 13,914 161.4500 496 80,133
160.6000 225 36,189 161.5000 903 145,781
160.6500 102 16,333 161.5500 362 58,481
160.7000 402 64,548 161.6000 892 144,093
160.7500 106 16,986 161.6500 183 29,636
160.7800 58 9,272 161.7000 908 146,770
160.8000 1,310 210,594 161.7500 166 26,797
160.8500 166 26,755 161.8000 259 41,906
160.8800 87 13,997 161.8500 35 5,665
160.9000 1,503 241,886 161.9000 497 80,410
160.9500 966 155,531 162.0000 72 11,664
161.1115 24,840 4,002,010
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