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Somers Limited - Net Asset Value
Hamilton, Bermuda – May 16, 2016 – In a filing with the Bermuda Stock Exchange (BSX), Somers Limited (“Somers”; Ticker: SOM.BH), released its net asset value (book value) per share. The filing stated
Somers Limited, a financial services investment holding company, announces that its unaudited net asset value per share as at March 31, 2016 was $17.03.
Media Contacts:
Alasdair Younie
Director
Somers Limited
Tel: +1 441-299-2897
Email: ay@icm.bm
-ENDS-
Somers Limited is a listed 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 Waverton Investment Management Limited, a UK wealth manager with £4.5 billion assets under management. The Group’s other investments include a 57% interest in West Hamilton Holdings Limited, a Bermuda property company, a 44% economic interest in Ascot Lloyd Holdings Limited, a UK independent financial adviser, a 23% interest in Merrion Capital Holdings Limited, an Irish financial services group and a 99% stake in Stockdale Securities Limited, a corporate and institutional stockbroking group, Somers has shareholders’ equity of $204 million and minimal debt. Somers’ shares are publicly traded and listed on the Bermuda Stock Exchange (Ticker: SOM.BH). More details on the Company can be found at www.somers.bm.