Navigator Holdings announced that BW Group Limited, the selling shareholder of the company, is offering for sale to the public a total of 6M of the company’s common stock. In addition, the company intends to purchase from the underwriters in the Secondary Offering half of the total number of Offered Shares, representing 3M shares, at a price per share equal to the price per share to be paid by the underwriters to the Selling Shareholder in the Secondary Offering. Citigroup and DNB Markets are acting as joint book-running managers for the Secondary Offering.
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