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WATERLOO INVESTMENT HOLDINGS LIMITED ANNOUNCES CHANGES TO SHARE CAPITAL
Hamilton, Bermuda – 06 November, 2015 – In a filing with the Bermuda Stock Exchange (“BSX”), Waterloo Investment Holdings Limited (the "Company" or “WIHL”; Ticker: WIHL.BH) has announced changes to share capital. The filing stated:
Waterloo Investment Holdings Limited announces that it has approved and implemented the following changes to its share capital:
The authorised maximum number of shares that the Company may issue has been increased from 500,000,000 (five hundred million) shares of a single class, each with a par value of US$1.00, to 1,750,000,000 (one billion, seven hundred and fifty million) shares of a single class, each with a par value of US$0.50; and the par value of all issued shares has changed from US$1.00 to US$0.50 per share.
The Company also reports that it has revised its Memorandum and Articles of Association to reflect the share capital changes and it has made all associated filings to bring the changes into effect.
The revised Memorandum and Articles of Association of the Company and this press release are also available on the Company's web-site http://www.wihl.com.
Background
WIHL is an investment holding company incorporated in the British Virgin Islands. WIHL owns the British Caribbean Bank Limited, a financial services business in the Turks and Caicos Islands and, through various subsidiaries, other investment in the Turks and Caicos Islands including a Hospitality Division. WIHL also holds an approximate 25 percent interest in a successful and market-leading edible palm oil-processing and distribution in Latin America through its Associates Division. The Company also has an investment in the form of secured loans to the largest port in Belize.
For further information contact:
Waterloo Investment Holdings Limited at 101 Governors Road, Leeward, Providenciales, Turks & Caicos Islands, B.W.I. or send an email via the Company’s web-site http://www.wihl.com.
Bermuda Listing Sponsor:
Appleby Securities (Bermuda) Limited
Attn: Mr. Gordon Cox Tel: (441) 298-3582