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Somers Limited- Publication of 2017 Annual Report

Hamilton, Bermuda: December 29, 2017 - In a filing with the Bermuda Stock Exchange (“BSX”), Somers Limited (“Somers”, the “Company” or the “Group”; Ticker: SOM.BH) a financial services investment holding company, announced the Publication of 2017 Annual Report. The full filing stated:

 

 

Somers Limited

(“Somers”)

 

Publication of 2017 Annual Report

For Immediate Release - (Hamilton, Bermuda) Somers Limited, a financial services investment holding company, has today published on the Company's website, www.somers.limited, its Annual Report in respect of the year ended September 30, 2017.

 

 

Media Contacts:

 

Alasdair Younie                                                                 

Director                                                                          

Somers Limited                                    

Tel:  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, a 59% holding in Homeloans Limited, a leading non-bank Australian financial institution with A$9.4 billion assets under management and a 62.5% holding in Waverton Investment Management Limited, a UK wealth manager with £5.2 billion assets under management. The Group’s other investments include a 22% interest in Merrion Capital Holdings Limited, an Irish financial services group, a 75% stake in Stockdale Securities Limited, a UK corporate and institutional stockbroking group and a 57% interest in West Hamilton Holdings Limited, a Bermuda property management and investment company. Somers has shareholders’ funds of approximately $343 million and no 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.limited