08:24 AM EST, 12/06/2024 (MT Newswires) -- BW LPG ( BWLP ) said Friday that Avance Gas Holdings delivered the vessel BW Rigel in connection with the Aug. 15 stock exchange announcement for the acquisition of 12 very large gas carriers.

Six of the carriers have now been delivered, BW LPG ( BWLP ) said.

The company said Avance Gas now holds about 9.6 million BW LPG ( BWLP ) shares or a roughly 6.4% stake following the issuance of about 2.1 million new BW LPG ( BWLP ) shares as part-consideration for BW Rigel.

BW LPG ( BWLP ) shares were down 1.5% in premarket activity Friday.

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