BW Offshore: Mandatory notification of trades
The following insiders of BW Offshore Limited have on Wednesday 4 September 2013 purchased shares in BW Offshore Limited.
Carl K. Arnet, CEO in BW Offshore, purchased 500,000 shares at NOK 7.36 per share through his privately held company Kolbjørn Invest II AS. Following these transactions, Mr. Arnet and his close associates, directly and indirectly, hold 7,293,081 shares in BW Offshore Limited.
Knut R. Sæthre, CFO in BW Offshore, purchased 14,533 shares at NOK 7.30 per share. Following this transaction, Mr. Sæthre holds 610,001 shares in BW Offshore Limited.
Ståle Andreassen, SVP Finance in BW Offshore, yesterday purchased 100,000 shares at NOK 7.40 per share. Following this transaction, Mr. Andreassen holds 718,000 shares in BW Offshore Limited.
Kristian Flaten, VP IR & Corporate Finance in BW Offshore, purchased 10,000 shares at NOK 7.33 per share. Following this transaction, Mr. Flaten holds 85,000 shares in BW Offshore Limited.
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. The company also operates additional 2 FPSOs. 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 38 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.