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BCB – Significant Shareholder Transaction
Hamilton, Bermuda – 03 July, 2012 – In a filing with the Bermuda Stock Exchange (“BSX”), Bermuda Commercial Bank Limited (“BCB” or the “Bank”; Ticker: BCB.BH) today gave notice of a transaction in own shares. The notice read:
“Please be advised of the following information in relation to the transfer of 316,786 shares held in Bermuda Commercial Bank Limited (“BCB”) by Resimac Limited to Permanent Investments Limited (“PIL”).
Effective June 28, 2012, Resimac Limited transferred 316,786 common shares held in BCB to PIL.
As a result of this transaction PIL is interested in 2,285,195 common shares, representing approximately 32.4% of BCB’s issued share capital. Resimac Limited is interested in 698,216 common shares, representing 9.9% of BCB’s issued share capital.”
Contacts:
Mr. Horst Finkbeiner, Chief Operating Officer
Tel: 441-295-5678
Bermuda Commercial Bank Limited is one of Bermuda’s four licensed banks, established in 1969 and regulated by the Bermuda Monetary Authority. It is Bermuda’s only bank focused purely on corporate and private wealth clients, offering a range of bespoke financial solutions. BCB’s website is www.bcb.bm and its shares are publicly traded and listed on the Bermuda Stock Exchange bsx.com (Ticker: BCB.BH). BCB’s share price is available on the BSX and on Bloomberg and is published daily in the Royal Gazette