UK banking group Barclays has been acquiring shares in Awilco LNG for Navig8, not itself.
The lender has revealed three separate stock deals in the last week, at the same time as the tanker company was building its stake in the Oslo-listed owner of two LNG carriers.
Following the deals, the companies both declared stakes of about 19.6%.
TradeWinds understands the bank has been acting for Navig8 and does not hold a position itself, meaning the stakes are one and the same.
