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WATERLOO INVESTMENT HOLDINGS LIMITED – RESULTS OF CAPITAL REORGANISATION
Hamilton, Bermuda: August 25, 2017 –In a filing with the Bermuda Stock Exchange (“BSX”), Waterloo Investment Holdings Limited (the "Company" or “WIHL”; Ticker: WIHL.BH) today announced results of the share capital reorganization.
Waterloo Investment Holdings Limited (BSX Ticker: WIHL.BH) (the Company) announces that as a result of the share capital reorganisation announced on 7 August 2017 (the Reorganisation), the Company acquired 781,521 ordinary shares in the Company at a price of US$0.50 per share (the Shares). Immediately following the acquisition of the Shares into treasury, the Company cancelled the Shares resulting in a decrease of its issued share capital. The total issued share capital of the Company is now 495,504,000 ordinary shares of US$0.50 par value each.
As previously announced, the Company believes that certain of the costs inherent in maintaining a larger shareholder base will now be reduced and therefore the Reorganisation is in the best interest of the Company.
The Company further confirms that cheques representing payments for the Shares and new certificates for the subdivided shares have been posted to shareholders.
The Bermuda Stock Exchange has ended the voluntary suspension of trading of the Company’s shares with effect from 25 August 2017 and trading of the Company’s shares has now resumed. The ISIN (VGG946341135) associated with the ordinary shares of the Company remains unchanged as a result of the Reorganisation.
This and other company releases are also available at the Company’s web site: http://www.wihl.com
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 website http://www.wihl.com.