Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now Frankfurt - Delayed Quote • EUR Avance Gas Holding Ltd (A07.F) Follow Add holdings 0.3592 +0.0292 +(8.85%) At close: May 2 at 3:29:01 PM GMT+2 All News Press Releases SEC Filings Avance Gas Holding Ltd: First Quarter 2025 Earnings Release HIGHLIGHTS Net profit of $42.6 million and earnings per share of $0.56 for the first quarter 2025, compared to net income of $210.2 million and earnings per share of $2.74 for the fourth quarter 2024. On February 28, 2025, the sale of the four Mid-Sized Gas Carriers (“MGCs”) newbuilding contracts to subsidiaries of Exmar LPG B.V. (“Exmar”) was successfully completed. Avance Gas received reimbursement of $62.1 million of yard instalments paid by Avance Gas to the yard. The Company recorded a gain Avance Gas Holding Ltd (OSE: AGAS) (“AGAS” or the “Company”) – Notice of Special General Meeting Reference is made to the press releases issued by the Company on 27 November 2024, in connection with Third Quarter 2024 Earnings, and on 6 December 2024, which stated the intention to wind-up AGAS. In preparation for this, the Company advises that a special general meeting of the Company will be held on 16 May 2025 (the “SGM”) for its shareholders to consider and approve the liquidation of the Company and the delisting of the Company’s common shares from the Oslo Stock Exchange. A copy of the N Avance Gas Holding Ltd: Final extraordinary distribution of USD 0.74 per share Hamilton, Bermuda. April 16, 2025 This refers to the Fourth Quarter 2024 Earnings Release announced on February 12, 2025. In that release, the Company stated that it would distribute a final dividend of approximately $0.70 per share upon receiving the remaining $34.2 million from Exmar in connection with the sale of the four Mid-Sized Gas Carriers (MGCs). We are pleased to announce that the final settlement with Exmar has been received. As a result, the Company will proceed with a final extraord Avance Gas Holding Ltd: Closing of the sale of the MGC fleet and extraordinary dividend of $0.75 per share Hamilton, Bermuda. February 28, 2025 Avance Gas Holding Ltd ("Avance Gas" or "Company") (OSE: AGAS) today announce closing of the sale of the Medium Sized Gas Carrier (“MGC”) fleet to subsidiaries of Exmar LPG B.V. (“Exmar”) for a consideration of $282.4 million. As communicated in connection with the fourth quarter results on February 12, 2025, the remaining subject for the transaction was issuance of new refund guarantees by the yard to Exmar which concurrently triggered a release of $62.1 mil Avance Gas Holding Ltd: Mandatory notification of trade by primary insiders Hamilton, Bermuda February 18, 2025 Øystein Kalleklev, CEO of Avance Gas AS and Board member of Avance Gas Holding Ltd, has on February 17, exercised his remaining 150,000 share options at terms described in attachments. The stock options have been cash settled with the difference of the Adjusted Strike Price and the closing price at OSE on February 17, 2025. Following the exercise, Mr Kalleklev has no further share options in Avance Gas Holding Ltd. but holds 50,000 shares. Please see the attac Avance Gas Holding Ltd: Key information relating to return of capital and distribution of BW LPG shares for the fourth quarter 2024 Hamilton, Bermuda. February 12, 2025 Key information relating to return of capital and distribution of BW LPG shares to be paid and transferred by Avance Gas Holding Ltd for the fourth quarter 2024 is specified as per below. Shareholders will receive one BW LPG share for every four Avance Gas shares they hold, with any fractions rounded down. As a result, fractional shares will not be settled in the form of BW LPG shares. Return of capital: Return of capital: $2.0 Declared currency: USD Last day Avance Gas Holding Ltd: Fourth Quarter 2024 Earnings Release BERMUDA, February 12, 2025– Avance Gas Holding Ltd (OSE: AGAS) (“Avance Gas” or the “Company”) today reports unaudited results for the fourth quarter 2024. HIGHLIGHTS The average Time Charter Equivalent (TCE) rate on a discharge-to-discharge basis was $28,200/day, compared to $38,700/day in the third quarter of 2024. For reference our guidance was $27,900/day.TCE/day on a load-to-discharge basis was $35,300/day, compared to $41,900/day in the third quarter of 2024.Net profit of $210.2 million an Avance Gas Holding Ltd: Closing the BW LPG transaction with final VLGC delivery Hamilton, Bermuda. December 31, 2024 Avance Gas Holding Ltd ("Avance Gas" or "Company") (OSE: AGAS) refers to the announcement on August 15, 2024, regarding the sale of its VLGC fleet, consisting of twelve vessels, to BW LPG Ltd ("BW LPG" or "Buyer") for $1,050 million. Today, the Company completed the last delivery with the twelfth and final vessel, the 2023-built dual-fuel VLGC, Avance Avior, delivered to BW LPG prior year-end as agreed. In connection with delivery of Avance Avior, 2.141 milli Undiscovered Gems And 2 Other Hidden Small Caps With Strong Potential In the current global market landscape, small-cap stocks have faced significant challenges, with smaller-cap indexes generally experiencing broader losses amid cautious Federal Reserve commentary and political uncertainty in the U.S. Despite these headwinds, economic indicators such as strong consumer spending and job growth provide a backdrop that could support future opportunities for small-cap companies. In this environment, identifying promising stocks involves looking for those with... Avance Gas Holding Ltd: Completed the eleventh VLGC delivery to BW LPG successfully Hamilton, Bermuda. December 18, 2024 Avance Gas Holding Ltd ("Avance Gas" or "Company") (OSE:AGAS) refers to the announcement on August 15, 2024, regarding the sale of its VLGC fleet, consisting of twelve vessels, to BW LPG Ltd ("BW LPG" or "Buyer"). Avance Gas announces today the eleventh VLGC delivery, the 2015-built scrubber- fitted vessel, Monsoon. In connection with the delivery, 1.35 million shares in BW LPG were issued by the Buyer to Avance Gas. Additionally, the Company also received ne Avance Gas Holding Ltd: Completed the tenth VLGC delivery to BW LPG successfully Hamilton, Bermuda. December 15, 2024 Avance Gas Holding Ltd ("Avance Gas" or "Company") (OSE:AGAS) refers to the announcement on August 15, 2024, regarding the sale of its VLGC fleet, consisting of twelve vessels, to BW LPG Ltd ("BW LPG" or "Buyer"). Avance Gas announces today the tenth VLGC delivery, the 2015-built scrubber-fitted vessel, Breeze. In connection with the delivery, 1.35 million shares in BW LPG were issued by the Buyer to Avance Gas. Additionally, the Company also received net cas Avance Gas Holding Ltd: Successfully completed the ninth VLGC delivery to BW LPG Hamilton, Bermuda. December 10, 2024 Avance Gas Holding Ltd. («Avance Gas» or «Company») (OSE: AGAS) refers to the announcement on August 15, 2024, regarding the sale of its VLGC fleet to BW LPG Ltd ("BW LPG" or "Buyer") for $1,050 million. Today Avance Gas announces the ninth VLGC delivery, the 2015-built scrubber-fitted vessel, Mistral. In connection with the delivery, 1.35 million shares in BW LPG were issued by the Buyer to Avance Gas. Additionally, the Company also received net cash proceed Avance Gas Holding Ltd: Successfully completed the eighth VLGC delivery to BW LPG Hamilton, Bermuda. December 9, 2024 Avance Gas Holding Ltd. («Avance Gas» or «Company») (OSE: AGAS) refers to the announcement on August 15, 2024, regarding the sale of its VLGC fleet to BW LPG Ltd ("BW LPG" or "Buyer") for $1,050 million. Today Avance Gas announces the eighth VLGC delivery, the 2022-built dual-fuel vessel, Avance Polaris. Avance Polaris was under a sale-leaseback agreement and a Time Charter agreement, both of which have been successfully novated to the Buyer. In connection wit Avance Gas Holding Ltd: Successfully completed the seventh VLGC delivery to BW LPG Hamilton, Bermuda. December 7, 2024. Avance Gas Holding Ltd. («Avance Gas» or «Company») (OSE: AGAS) refers to the announcement on August 15, 2024, regarding the sale of its VLGC fleet to BW LPG Ltd ("BW LPG" or "Buyer") for $1,050 million. Today Avance Gas announces the seventh VLGC delivery, the 2015-built vessel Pampero. In connection with the delivery, 1.350 million shares in BW LPG were issued by the Buyer to Avance Gas. The ship mortgage has been repaid and Avance Gas expects to receive ne Avance Gas Holding Ltd: Successfully completed the sixth VLGC delivery to BW LPG Hamilton, Bermuda. December 6, 2024. Avance Gas Holding Ltd. («Avance Gas» or «Company») (OSE: AGAS) refers to the announcement on August 15, 2024, regarding the sale of its VLGC fleet to BW LPG Ltd ("BW LPG" or "Buyer") for $1,050 million. Today Avance Gas announces the sixth VLGC delivery, the 2023-built dual-fuel vessel Avance Rigel. In connection with the delivery, 2.141 million shares in BW LPG were issued by the Buyer to Avance Gas. The ship mortgage has been repaid and Avance Gas expects Avance Gas Holding Ltd: Successfully completed the fifth VLGC delivery to BW LPG Hamilton, Bermuda. November 29, 2024 Avance Gas Holding Ltd. («Avance Gas» or «Company») (OSE: AGAS) refers to the announcement on August 15, 2024, regarding the sale of its VLGC fleet to BW LPG Ltd ("BW LPG" or "Buyer") for $1,050 million. Today Avance Gas announces the fifth VLGC delivery, the 2015-built scrubber-fitted vessel, Avance Levant. In connection with the delivery, 1.35 million shares in BW LPG were issued by the Buyer to Avance Gas. The ship mortgage has been repaid and Avance Gas e Avance Gas Holding Ltd: Third Quarter 2024 Earnings Release Hamilton, Bermuda. November 27, 2024 - Avance Gas Holding Ltd (OSE: AGAS) ("Avance Gas" or the "Company") today reports unaudited results for the third quarter 2024. HIGHLIGHTS The average Time Charter Equivalent (TCE) rate on a discharge-to-discharge basis was $38,700/day, compared to $50,100/day in the second quarter of 2024. For reference our guidance was 79% of days booked at $41,400/day.TCE/day on a load-to-discharge basis was $41,900/day, compared to $46,700/day in the second quarter of 20 Avance Gas Holding Ltd: Successfully completed the fourth VLGC delivery to BW LPG Hamilton, Bermuda. November 22, 2024 Avance Gas Holding Ltd. («Avance Gas» or «Company») (OSE: AGAS) refers to the announcement on August 15, 2024, regarding the sale of its VLGC fleet to BW LPG Ltd (“BW LPG” or “Buyer”) for $1,050 million. Today Avance Gas announces the fourth VLGC delivery, the 2015-built scrubber-fitted vessel, Passat. In connection with the delivery, 1.35 million shares in BW LPG were issued by the Buyer to Avance Gas. The ship mortgage has been repaid and Avance Gas expects Avance Gas Holding Ltd: Successfully completed the third VLGC delivery to BW LPG Hamilton, Bermuda. November 21, 2024 Avance Gas Holding Ltd. («Avance Gas» or «Company») (OSE: AGAS) refers to the announcement on August 15, 2024, regarding the sale of its VLGC fleet to BW LPG Ltd (“BW LPG” or “Buyer”) for $1,050 million. Today Avance Gas announces the third VLGC delivery, the 2015-built scrubber-fitted vessel, Sirocco. In connection with the delivery, 1.35 million shares in BW LPG were issued by the Buyer to Avance Gas. The ship mortgage has been repaid and Avance Gas expects Avance Gas Holding Ltd: Successfully completed the second VLGC delivery to BW LPG Hamilton, Bermuda. November 20, 2024 Avance Gas Holding Ltd. («Avance Gas» or «Company») (OSE: AGAS) refer to the announcement on August 15, 2024, to sell its VLGC fleet to BW LPG Ltd (“Buyer”) for $1,050 million. On November 1, 2024, the Company announced the first VLGC delivery, and today Avance Gas announce the second VLGC delivery, the 2022-built dual-fuel ship Avance Capella. Avance Capella was under a sale leaseback agreement, which has been successfully novated to the Buyer. As a part of Performance Overview Trailing total returns as of 5/2/2025, which may include dividends or other distributions. Benchmark is OBX Total Return Index (OBX.OL) Return A07.F OBX Total Return Index (OBX.OL) YTD -16.87% +7.52% 1-Year -15.28% +12.33% 3-Year +328.00% +29.79%