BW Group Ltd. Ownership Update in Navigator Holdings Ltd.

BW Group Ltd. (BWG) has amended its Schedule 13D filing regarding its ownership of Navigator Holdings Ltd. common stock. Following a public secondary offering and a share repurchase by the Issuer, BWG now beneficially owns 6,890,748 shares, representing approximately 11.2% of the outstanding shares. This ownership is based on a total of 65,250,444 shares outstanding as of March 20, 2026. The filing details a public offering on March 19, 2026, where BWG sold 8,000,000 shares to underwriters, with the Issuer repurchasing a portion of these shares. BWG has agreed to a 60-day lock-up period, ending May 18, 2026, restricting further disposition of shares without underwriter consent. The filing also includes an updated list of BWG's directors and executive officers.