Core Insights - BW Offshore has completed an exercise window under its Long-Term Incentive Program (LTIP), with a total of 400,852 vested options exercised, settled using existing treasury shares [1] - The shares were sold at a price of NOK 32.73 each, following a third-party conducted sale process [1] - No primary insiders of the company exercised any options during this exercise window [1] Company Overview - BW Offshore holds 3,740,585 treasury shares following the option exercise [2] - The company specializes in engineering innovative floating production solutions and operates a fleet of FPSOs, with ambitions for growth [3] - BW Offshore has approximately 1,100 employees and is publicly listed on the Oslo stock exchange [3]