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Somers Limited - Results of AGM

Hamilton, Bermuda – February 8, 2018 –Somers Limited (“Somers”, the “Company” or the “Group”; Ticker: SOM.BH), a financial services investment holding company, announces that all the resolutions at the Annual General Meeting were passed. The full filing stated:

Somers Limited

(“Somers” or the “Company”)

 

Results of AGM

For Immediate Release- (Hamilton, Bermuda) Somers Limited, a financial services investment holding company, announces that all the resolutions at the Annual General Meeting of the Company held on Thursday, February 8, 2018 were passed.

 

The Company’s Annual Report for the financial year ended September 30, 2017 is available on the Company’s website at www.somers.limited.

 

 

Media Contacts:

 

Alasdair Younie                                                                                    

Director                                                                                   

Somers Limited                                                

Tel:  +1 441-299-2897                                                  

Email:  ay@icm.bm                                                      

 

 

-ENDS-

      Somers Limited (“Somers”) is a listed financial services investment holding company whose major assets include: a 62% holding in Homeloans Limited, a leading non-bank Australian financial institution with A$10.2 billion assets under management; 100% shareholding in Bermuda Commercial Bank Limited, one of Bermuda’s four licensed banks and, a 62.5% holding in Waverton Investment Management Limited, a UK wealth manager with £5.5 billion assets under management. Somers’ other investments include: a 22% interest in Merrion Capital Holdings Limited, an Irish financial services group; a 75% stake in Stockdale Securities Limited, a UK corporate and institutional stockbroking group; and, a 57% interest in West Hamilton Holdings Limited, a Bermuda property management and investment company. Somers has shareholders’ funds of approximately $361 million and minimal debt. Somers’ shares are publicly traded and listed on the Bermuda Stock Exchange (Ticker: SOM.BH). More details on the Company can be found at www.somers.limited

 

 

                                                           

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For more information on the Bermuda Stock Exchange (BSX), contact Jacintha Pogson-Hughes at 1-441-292-7212 or jphughes@bsx.com . Information is also available at www.bsx.com and on Bloomberg at BSX <GO>.

 

Established in 1971 the Bermuda Stock Exchange (BSX) is now the leading fully electronic offshore securities market. The BSX specializes in listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants and Insurance Linked Securities.

 

The BSX, recognised by the US SEC as a Designated Offshore Securities Market, is a member of the World Federation of Exchanges and is located in an O.E.C.D. member nation. The BSX has Approved Stock Exchange status under Australia’s Foreign Investment Fund (FIF) taxation rules; Designated Investment Exchange status by the UK’s Financial Services Authority; Recognised Stock Exchange by the UK HM Revenue and Customs; Designated Exchange status under Canada’s Income Tax Act and is a member of America’s Central Securities Depository Association.

TRADING HOURS

08:30-09:00 Price Discovery
09:00-16:30 Continuous Trading

CONTACT DETAILS

TEL: +1 (441) 292 7212
FAX: +1 (441) 292 7619
Email: info@bsx.com

LOCATION

30 Victoria Street
3rd Floor
Hamilton, Bermuda

MAILING ADDRESS

P.O. Box HM 1369
Hamilton HMFX

Disclaimer

 

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