BW Maritime

Tender offer by BW Group: Acceptances received by BW Group

Reference is made to the announcement dated 19 March 2019 regarding the publication of BW Group Limited's ("BW Group") voluntary offer to acquire all outstanding shares in Epic Gas Limited (the "Company") (the "Offer") as set out offer document dated 19 March 2019 (the "Offer Document"). 

BW Group has on 29 March, 1 April and 2 April 2019 received acceptances under the Offer for a total of 51,972 shares, corresponding to 0.07% of the outstanding shares and voting rights in the Company. Together with the previously received acceptances, BW Group has now received a total of 87,870 acceptances, corresponding to 0.12% of the outstanding shares and voting rights in the Company. Together with the 38,548,329 shares already owned, BW Group now owns and holds the rights to a total of 38,636,199 shares, corresponding to 54.83% of the outstanding shares in the Company. 

About the offer: 

The offer period for the Offer expires on 16 April 2019 at 16:30 (CET), subject to extensions. Shareholders who wish to accept the Offer must complete and sign the acceptance form attached to the Offer Document and return the acceptance form to Pareto Securities AS in time for it to be received before the expiry of the Acceptance Period. Completed acceptance forms may be submitted to Pareto Securities AS by e-mail, hand delivery or by postal mail at: 

Pareto Securities AS 
Dronning Mauds gate 3 
P.O. Box 1411 Vika 
0115 Oslo, Norway 
Email: [email protected] 
Telephone:+47 22 87 87 00 
Telefax: +47 22 87 87 15 

Shareholders who wish to receive an electronic copy of the Offer Document and acceptance form may direct their request to Pareto Securities AS (contact details above) or BW Group (contact details below). 

For further information, please contact: 

Lisa Lim 
Senior Manager BW Group, Communications and Branding 
+65 6434 5871/ +65 9654 9405 
[email protected] 

Uta Urbaniak-Sage 
Chief Financial Officer 
Epic Gas Ltd. 
+65 6230 7801 
[email protected]