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VLGC owner and operator BW LPG is poised to see its shares listed on the New York Stock Exchange on Monday, April 29.
The Oslo-listed unit of Singapore’s BW Group said that the NYSE had approved the listing and that it expects to start transferring shares on or about April 25.
The Kristian Sørensen-led company with a fleet of more than 40 VLGCs was listed on the Oslo stock exchange in 2013, and the company said it intends to retain this listing as primary.
“BW LPG’s upcoming dual listing on the NYSE is a significant milestone for our company and enhancing our access to the world’s largest capital market and its investor base,” said chief executive Sørensen.
This will be BW Group’s second company listing in the US this month, following product tanker giant Hafnia.
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The post BW LPG shares set to start trading on NYSE next week appeared first on Energy News Beat.
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