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BSX Approves Mezzanine Listing Of The Common Shares Of Codrington Partners Limited
Hamilton, Bermuda: July 11, 2007 - The Listing Committee of the Bermuda Stock Exchange (BSX) today announced the approval of the listing of the Common Shares of Codrington Partners Limited (CPL.BH) for Qualified Investors.
Codrington Partners is an investor in intellectual property and seeks to license acquired technology principally to the financial services industry in exchange for transaction fees.
First Bermuda Group Limited sponsored the listing of the Common Shares of Codrington Partners.
James McKirdy, Chief Compliance Officer of the BSX stated, "We are delighted to welcome Codrington Partners to the Official List of the BSX and to the BSX Mezzanine Market. The BSX Mezzanine Market offers growing E-Commerce, high tech and development stage companies the opportunity to list on a recognized international stock exchange."
"The BSX is the ideal venue for our company given the premier institutional reputation of Bermuda worldwide. The quotation on a fully electronic recognized stock exchange strongly appealed to our investors and the BSX marries perfectly to our corporate financing objectives," said Mike Muscato, Chairman and CEO of Codrington Partners Limited.
"First Bermuda Group is very pleased to have been chosen as sponsors to Codrington Partners Limited", said Michael Schroter, EVP of First Bermuda Group Limited.
For further information on Codrington Partners, please contact Cristel Cordero, at 1-407 - 833-7684 or info@codringtonpartners.com. More information at: