Barclays PLC Increases Holdings in DHT Holdings, Inc. (NYSE:DHT)

On August 12, 2021, Barclays PLC announced that it had increased its holdings in DHT Holdings, Inc. (NYSEDHT) by approximately 5%. The increase was made through a private placement of common stock and warrants, with the total number of shares sold being 3.6 million.

DHT Holdings, Inc. is a leading provider of offshore energy transportation services to the oil and gas industry. The company operates a fleet of vessels that are used for the transportation of crude oil and liquefied natural gas (LNG) from offshore production facilities to onshore processing plants.

Barclays PLC is a multinational investment bank and financial services company headquartered in London, England. The company operates in various segments, including banking, investments, and asset management.

The increase in Barclays PLC's holdings in DHT Holdings, Inc. reflects the company's confidence in the growth potential of the offshore energy transportation industry. With the increasing demand for oil and gas, companies like DHT Holdings, Inc. are well-positioned to benefit from this trend.

It is worth noting that this increase in holdings was made through a private placement, which means that the shares were sold directly to Barclays PLC and not through an open market sale. This type of transaction allows companies to raise capital without disclosing sensitive information to the public.