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Bermuda Aviation Services Limited – Shares Repurchase
Hamilton, Bermuda – 04 September, 2014 – In a filing to the Bermuda Stock Exchange (“BSX”) Bermuda Aviation Services Limited (the “Company” or “BAS”; Ticker: BAS.BH) announces the one-off repurchase of own shares. The filing stated:
“This correspondence is sent to notify the Bermuda Stock Exchange (“BSX”) that Bermuda Aviation Services Limited (“BAS”) acquired 12,423 of its shares at $3.21/share in a “one-off” trade that will settle on Monday, September 8, 2014. These shares will be subsequently cancelled.”
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Note to Editor: BAS started as a single entity operation that was formed in 1947 to provide ground and passenger handling at the L.F. Wade International Airport, and has grown into a holding company with multiple subsidiaries providing a myriad of services that are distinct in nature, but are also strategically complimentary and synergistic. BAS has become a full-fledged total solution service company and intends to serve Bermuda to the best of its ability with customer satisfaction and an increase in shareholder wealth expected to be the by-products of these efforts.
For further information contact:
Ian Cook, Chief Executive Officer – 294-3401 / icook@basg.bm ; or
Andrew Griffith, Chief Financial Officer – 299-4880 / agriffith@basg.bm