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Bermuda National Limited – Share Repurchase Programme
Hamilton, Bermuda – 27 September, 2013 – Bermuda National Limited (the "Company" or "BNL"; Ticker: BNL.BH), a Bermuda exempted financial services investment holding company, announces that it has introduced a Share Repurchase Programme (the “Programme”). The Programme will enable BNL to repurchase, at its discretion, up to 100,000 common shares at market prices on the Bermuda Stock Exchange.
The Bermuda Stock Exchange notes that repurchases made via the Programme may commence on Wednesday, 02 October, 2013.
Bermuda National Limited is a listed exempt financial services investment holding company whose major assets include its 100% owned subsidiary, Bermuda Commercial Bank Limited, one of Bermuda’s four licensed banks and a 62.5% holding in J O Hambro Investment Management Limited, a UK wealth manager with $6.0 billion assets under management. The Group’s other investments include an economic interest of 66% in the London Stock Exchange listed Private & Commercial Finance Group PLC, a UK asset financing company, comprising a 29.3% equity interest and interests in convertible loan notes and a 46.1% stake in Westhouse Holdings PLC, a corporate and institutional stockbroking group. BNL’s shares are publicly traded and listed on the Bermuda Stock Exchange (Website: www.bsx.com Ticker: BNL.BH) and more details on the Company can be found at www.bermudanational.bm
Media Contacts:
Alasdair Younie
Director
Bermuda National Limited
Tel: 441-299-2897
Email: ay@icm.bm