BW Group Ltd. Amends DHT Holdings Stake Filing
Ticker: DHT · Form: SC 13D/A · Filed: Apr 25, 2024 · CIK: 1331284
Sentiment: neutral
Topics: ownership-filing, sec-filing, amendment
Related Tickers: DHT
TL;DR
BW Group updated their DHT Holdings filing on 4/25. Watch for ownership changes.
AI Summary
BW Group Ltd. has amended its Schedule 13D filing regarding DHT Holdings, Inc. on April 25, 2024. This amendment likely reflects changes in their beneficial ownership or intentions concerning DHT Holdings, Inc. The filing does not specify dollar amounts or new shareholdings in this excerpt.
Why It Matters
This filing indicates a potential shift in the ownership structure or strategic interest of a significant entity in DHT Holdings, Inc., which could influence the company's future direction.
Risk Assessment
Risk Level: medium — Amendments to 13D filings often signal changes in an investor's strategy or stake, which can lead to increased volatility or strategic shifts for the target company.
Key Players & Entities
- BW Group Ltd. (company) — Filing entity
- DHT Holdings, Inc. (company) — Subject company
- Nicholas Fell (person) — Contact person
- BW Maritime Pte. Ltd. (company) — Related entity
FAQ
What specific changes were made in Amendment No. 6 to the Schedule 13D filing?
The provided excerpt does not detail the specific changes made in Amendment No. 6, only that an amendment was filed on April 25, 2024.
Who is BW Group Ltd. in relation to DHT Holdings, Inc.?
BW Group Ltd. is the entity filing the Schedule 13D amendment, indicating they are a significant beneficial owner or have an interest in DHT Holdings, Inc.
What is the CUSIP number for DHT Holdings, Inc. common stock?
The CUSIP number for DHT Holdings, Inc. common stock is Y2065G121.
When was the previous name of DHT Holdings, Inc. changed?
DHT Holdings, Inc. was formerly known as DHT Maritime, Inc. (changed June 27, 2008) and Double Hull Tankers, Inc. (changed June 24, 2005).
What is the business address of BW Group Ltd. as listed in the filing?
The business address for BW Group Ltd. is Mapletree Business City, #18-01, 10 Pasir Panjang Road, Singapore, 117438.
Filing Stats: 1,356 words · 5 min read · ~5 pages · Grade level 8.7 · Accepted 2024-04-25 11:13:22
Key Financial Figures
- $0.01 — me of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securiti
- $11.00 — ange 11-Mar-24 (13,085 ) $ 11.0004 $11.00 to $11.015 15-Mar-24 (200,000 ) $ 1
- $11.015 — Mar-24 (13,085 ) $ 11.0004 $11.00 to $11.015 15-Mar-24 (200,000 ) $ 11.2359 $11
- $11.20 — 015 15-Mar-24 (200,000 ) $ 11.2359 $11.20 to $11.28 21-Mar-24 (250,000 ) $ 11
- $11.28 — ar-24 (200,000 ) $ 11.2359 $11.20 to $11.28 21-Mar-24 (250,000 ) $ 11.4109 $11
- $11.40 — .28 21-Mar-24 (250,000 ) $ 11.4109 $11.40 to $11.455 25-Mar-24 (25,487 ) $ 11
- $11.455 — ar-24 (250,000 ) $ 11.4109 $11.40 to $11.455 25-Mar-24 (25,487 ) $ 11.4009 $11.
- $11.405 — Mar-24 (25,487 ) $ 11.4009 $11.40 to $11.405 27-Mar-24 (250,000 ) $ 11.4005 $11
- $11.41 — ar-24 (250,000 ) $ 11.4005 $11.40 to $11.41 28-Mar-24 (162,182 ) $ 11.5000 $11
- $11.50 — .41 28-Mar-24 (162,182 ) $ 11.5000 $11.50 to $11.50 01-Apr-24 (350,000 ) $ 11
- $11.70 — .50 01-Apr-24 (350,000 ) $ 11.7333 $11.70 to $11.82 03-Apr-24 (355,000 ) $ 11
- $11.82 — pr-24 (350,000 ) $ 11.7333 $11.70 to $11.82 03-Apr-24 (355,000 ) $ 11.7785 $11
- $11.74 — .82 03-Apr-24 (355,000 ) $ 11.7785 $11.74 to $11.895 23-Apr-24 (205,000 ) $ 1
- $11.895 — pr-24 (355,000 ) $ 11.7785 $11.74 to $11.895 23-Apr-24 (205,000 ) $ 11.3062 $11
- $11.25 — 895 23-Apr-24 (205,000 ) $ 11.3062 $11.25 to $11.36 24-Apr-24 (63,052 ) $ 11.
Filing Documents
- ea0204626-13da6bw_dht.htm (SC 13D/A) — 57KB
- 0001213900-24-036017.txt ( ) — 59KB
of the Schedule 13D, including
Item 2 of the Schedule 13D, including Schedule A, is hereby amended and supplemented as follows: The registered office of BWG has changed from c/o Inchona Services Limited, Washington Mall Phase 2, 4th Floor, Suite 400, 22 Church Street, HM 1189, Hamilton HMEX, Bermuda to Washington Mall Phase 2, 4th Floor, Suite 400, 22 Church Street, HM 1189, Hamilton, Pembroke, HM EX, Bermuda. This Amendment No. 6 amends the Schedule 13D by replacing Schedule A thereto with Schedule A hereto. Item 5. Interest in Securities of the Issuer Items 5(a), (b) and (c) of the Schedule 13D are hereby amended and supplemented as follows: (a) As of April 25, 2024, BWG may be deemed to beneficially own 23,969,469 shares of Common Stock, representing approximately 14.9% of the outstanding shares of Common Stock. The foregoing beneficial ownership percentage is based on a total of 161,329,352 shares of Common Stock outstanding as of March 15, 2024, as reported in the Annual Report on Form 20-F filed by the Issuer on March 20, 2024. (b) BWG has sole voting power and sole dispositive power over 23,969,469 shares of Common Stock. (c) The below chart reflects the transactions in Common Stock effected by BWG over past 60 days from the date hereof. All of the shares of Common Stock were sold in open market transactions through a broker. Trade date No. of Shares Sold Average Price (1) Transaction Price Range 11-Mar-24 (13,085 ) $ 11.0004 $11.00 to $11.015 15-Mar-24 (200,000 ) $ 11.2359 $11.20 to $11.28 21-Mar-24 (250,000 ) $ 11.4109 $11.40 to $11.455 25-Mar-24 (25,487 ) $ 11.4009 $11.40 to $11.405 27-Mar-24 (250,000 ) $ 11.4005 $11.40 to $11.41 28-Mar-24 (162,182 ) $ 11.5000 $11.50 to $11.50 01-Apr-24 (350,000 ) $ 11.7333 $11.70 to $11.82 03-Apr-24 (355,000 ) $ 11.7785 $11.74 to $11.895 23-Apr-24 (205,000 ) $ 11.3062 $11.25 to $11.36 24-Apr-24 (63,052 ) $ 11.3005 $11.30 to $11.31 (1) Reflects the weighted average sale price per share