Hemen Holding Ltd Files Amendment 2 to Schedule 13G for BW LPG Limited

Overview

On October 8, 2026, Hemen Holding Limited (along with Greenwich Holdings Limited and C.K. Limited) filed Amendment No. 2 to Schedule 13G regarding their holdings in BW LPG Limited.

Key Ownership Details

• Reporting Entities: Hemen Holding Limited, Greenwich Holdings Limited, and C.K. Limited (trustee of two trusts indirectly holding Hemen Holding and Greenwich Holdings).
• Class of Security: Ordinary Shares, no par value.
• Aggregate Beneficial Ownership: 9,578,705 shares.
• Percentage of Class: 6.32% (based on 151,634,600 ordinary shares outstanding as of June 30, 2026).
• Power over Shares:
  • Sole Voting Power: 0
  • Shared Voting Power: 9,578,705
  • Sole Dispositive Power: 0
  • Shared Dispositive Power: 9,578,705

Control and Trustee Notes

C.K. Limited acts as the trustee of two trusts established by John Fredriksen for the benefit of his immediate family. Mr. Fredriksen is neither a beneficiary nor a trustee, holds no economic interest, and disclaims control over the shares except for potential indirect influence as settlor.

Investment Purpose & Significance

The filing was made pursuant to Rule 13d-1(c), certifying that the securities were acquired and are held in the ordinary course of business without the purpose or effect of changing or influencing the control of the issuer. Because this is a passive beneficial ownership amendment maintaining a 6.32% stake, market significance is rated Low.