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Somers Limited - Share Repurchase Notification and Total Shares in Issue for November 2018

Hamilton, Bermuda – 18 December 2018 – 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 its Share Repurchase Notification and Total Shares in Issue during month of November 2018.  The full filing stated:

 

Somers Limited

 

Share Repurchase Notification and Total Shares in Issue

 

For Immediate Release - (Hamilton, Bermuda) Somers Limited (“Somers”), a financial services investment holding company, announces that during the month of November 2018, Somers purchased 100 of its own common shares (the “Shares”) at an average cost of $16.00 per share. These Shares have been cancelled.

 

The number of common shares in issue as at November 30, 2018 was 20,057,517 (net of 100 treasury shares).

 

 

Media Contacts:

 

Alasdair Younie                                                                                 

Director                                                                                            

Somers Limited                                              

Tel:  +1 441-299-2897                                                 

Email:  ay@icm.bm                                                    

 

                                                                         

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For more information on the Bermuda Stock Exchange (BSX), contact Nancy Vieira at 1-441-292-7212 or info@bsx.com . Information is also available at bsx.com and on Bloomberg at BSX .

 

Established in 1971 the Bermuda Stock Exchange (BSX) is now the leading fully electronic offshore securities market. The BSX specializes in listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants and Insurance Linked Securities.

 

The BSX, recognised by the US SEC as a Designated Offshore Securities Market, is a member of the World Federation of Exchanges and is located in an O.E.C.D. member nation. The BSX has Approved Stock Exchange status under Australia’s Foreign Investment Fund (FIF) taxation rules; Designated Investment Exchange status by the UK’s Financial Services Authority; Recognised Stock Exchange by the UK HM Revenue and Customs; Designated Exchange status under Canada’s Income Tax Act and is a member of America’s Central Securities Depository Association.