Sec Form 13D Filing - BW Group Ltd filing for DHT HOLDING, INC (DHT) - 2020-03-31

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

SCHEDULE 13D/A

Under the Securities Exchange Act of 1934

(Amendment No. 5)*

 

DHT Holdings, Inc.

(Name of Issuer)

 

Common Stock, par value $0.01 per share

(Title of Class of Securities)

 

Y2065G121

(CUSIP Number)

 

Nick Fell

BW Maritime Pte. Ltd.

Mapletree Business City, #18-01

10 Pasir Panjang Road

Singapore 117438

Telephone: +65 (0) 6434 5818

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

 

March 27, 2020

(Date of Event which Requires Filing of this Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of § 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box o.

 

______________________

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent.

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 
   

 

 

CUSIP No. Y2065G121 SCHEDULE 13D Page 2 of 4 Pages

         
1

NAME OF REPORTING PERSONS

 

BW Group Limited

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 

(a)

(b)

 
3

SEC USE ONLY

 

4

SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

WC

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR
2(E)
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Bermuda

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

7

SOLE VOTING POWER

 

25,704,652

8

SHARED VOTING POWER

0

9

SOLE DISPOSITIVE POWER

 

25,704,652

10

SHARED DISPOSITIVE POWER

0

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

25,704,652

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

17.51%1

14

TYPE OF REPORTING PERSON (See Instructions)

 

CO

 

 
1ThisThis percentage is based on a total of 146,819,401 shares of Common Stock outstanding as of December 31, 2019, as reported in the Form 20-F filed by the Issuer on March 25, 2020.

 

   

 

CUSIP No. Y2065G121 SCHEDULE 13D Page 3 of 4 Pages

 

Item 1. Security and Issuer

 

This Amendment No. 5 to Schedule 13D ("Amendment No. 5") is being filed by the undersigned, pursuant to §240.13d-2(a) under the Act, with respect to the Common Stock, par value $0.01 per share (“Common Stock”), of DHT Holdings, Inc., a company incorporated in the Republic of the Marshall Islands (the “Issuer”), whose principal executive offices are located at Clarendon House, 2 Church Street, Hamilton HM 11, Bermuda. This Amendment No. 5 amends and supplements the statement on the Schedule 13D filed with the Securities and Exchange Commission (the "SEC") on April 3, 2017, as amended by Amendment No. 1, filed with the SEC on May 10, 2018, as amended and restated by Amendment No. 2, filed with the SEC on February 26, 2019, as amended and restated by Amendment No. 3, filed with the SEC on May 21, 2019, as amendment and restatement by Amendment No. 4, filed with the SEC on November 22, 2019 (collectively with this Amendment No. 5, the “Schedule 13D”). Except as specifically provided herein, this Amendment No. 5 does not modify any of the information previously reported in the Schedule 13D. Capitalized terms used herein and not otherwise defined in this Amendment No. 5 have the meanings set forth in the Schedule 13D.

  

Item 5

Interest in Securities of the Issuer

 

(a)

Item 5(a), (b) and (c) of the Schedule 13D is hereby amended and supplemented as follows:

 

As of March 30, 2020, BWG may be deemed to beneficially own 25,704,652 shares of Common Stock, representing approximately 17.51% of the outstanding shares of Common Stock.

 

The foregoing beneficial ownership percentage is based on a total of 146,819,401 shares of Common Stock outstanding as of December 31, 2019, as reported in the Form 20-F filed by the Issuer on March 25, 2020.

 

(b)

BWG has sole voting power and sole dispositive power over 25,704,652 shares of Common Stock.

 

(c)

On March 13, 2020, BWG sold 638,993 shares of Common Stock at a weighted average price of $6.6394 per share of Common Stock. The actual prices for these transactions ranged from $6.50 to $6.92, inclusive. On March 26, 2020, BWG sold 475,059 shares of Common Stock at a weighted average price of $6.5006 per share of Common Stock. The actual prices for these transactions ranged from $6.50 to $6.53, inclusive. On March 27, 2020, BWG sold 3,285,664 shares of Common Stock at a weighted average price of $6.9306 per share of Common Stock. The actual price for these transactions ranged from $6.50 to $7.33 per share of Common Stock. On March 30, 2020, BWG sold 4,055,306 shares of Common Stock at a weighted average price of $7.0049 per share of Common Stock. The actual prices for these transactions ranged from $7.00 to $7.10, inclusive. These transactions were effected in the open market through a broker.

 

 

 

 

   

 

CUSIP No. Y2065G121 SCHEDULE 13D Page 4 of 4 Pages

 

SIGNATURES

After reasonable inquiry and to the best of his or its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

Date: March 31, 2020

 

 

 

  BW Group Limited
     
  By:  /s/ Nicholas John Oxleigh Fell
  Name: Nicholas John Oxleigh Fell
  Title: Authorized Signatory