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LOM Financial Limited announces purchased of its own shares for cancellation
HAMILTON, Bermuda – 06 May 2015 - LOM Financial Limited (formerly LOM Holdings Limited; "the Company"; Ticker: LOM.BH) today announced that it purchased a total of 19,600 of its own shares for cancellation as follows:
- April 27, 2015: 19,600 shares at a price of $2.25 per share
LOM is authorised to purchase shares from time to time in the open market, or privately negotiated transactions, or block trades. The number of shares ultimately repurchased, and the timing of the purchases, will depend upon market conditions, share price, and other factors. LOM currently has 6,059,370 shares of Common Stock outstanding.
About the LOM Financial Group:
LOM (www.lom.com) is a publicly-held, international financial services company, providing a complete range of investment services and products, with subsidiaries in Bermuda, Bahamas and the UK. In business for over 22 years, LOM provides brokerage, custody, asset management, and corporate finance services to its primarily high net-worth individual and institutional customers around the world. LOM Financial Limited is publicly listed on the Bermuda Stock Exchange (symbol LOM.BH), and is the parent to its regulated subsidiaries – LOM Stockbrokers Ltd, LOM Stockbrokers International Ltd, LOM Asset Management Limited, and Global Custody & Clearing Limited.