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Somers Limited – Share Repurchases
Hamilton, Bermuda – 20 April 2020 – In a filing with the Bermuda Stock Exchange (“BSX”), Somers Limited (“Somers”, the “Company” or the “Group”; Ticker: SOM.BH) announced share repurchases. The filing stated:
Somers Limited (“Somers”), a financial services investment holding company, announces that during the month of March 2020, Somers purchased 300 of its own common shares (the “Shares”) at an average cost of $15.00 per share. The Shares will be cancelled with immediate effect.
The number of common shares in issue as at March 31, 2020 was 21,065,144 (net of 300 treasury shares).
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Media Contacts:
Alasdair Younie
Director
Somers Limited
Tel: +1 441-299-2897
Email: ay@icm.bm
About Somers Limited:
Somers is a listed financial services investment holding company whose major assets include: a 62.4% holding in Resimac Group Limited, a leading non-bank Australian financial institution; a 100% shareholding in Bermuda Commercial Bank Limited, one of Bermuda’s four licensed banks, a 62.8% shareholding in UK specialist bank, PCF Group plc; and, a 62.5% holding in Waverton Investment Management Limited, a UK wealth manager. 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