WATERLOO INVESTMENT HOLDINGS LIMITED ANNOUNCES ENABLEMENT FOR SETTLEMENT IN CREST

24 January 2019

Hamilton, Bermuda: 24 January 2019 – In a filing with the Bermuda Stock Exchange (“BSX”), Waterloo Investment Holdings Limited (the "Company" or “WIHL”; Ticker: WIHL.BH) announced the enablement for settlement in CREST. The full release states:

 

January 24, 2019 – Waterloo Investment Holdings Limited (Bermuda – WIHL) (the “Company” or “WIHL”) announces that it has estalished a depositary facility to enable depositary interests to be settled in the CREST system.  CREST, which is an acronym for Certificateless Registry for Electronic Share Transfer, is the operator of an electronic settlement system that is used to settle international securities.  This means that shareholders of the Company will now be able to hold and transfer their interest in shares within CREST electronically.

 

In order for shareholders to deposit their shares and to use the CREST system they will need to contact their broker or custodian.

 

Background

 

      WIHL is an investment holding company incorporated in the British Virgin Islands. WIHL owns the British Caribbean Bank Limited, a financial services business in the Turks and Caicos Islands, a hotel management division, namely the Turks and Caicos Collection, and, through various subsidiaries, substantial other investment interests in the Turks and Caicos Islands, principally through secured loans. WIHL also holds an approximate 25 percent interest in a successful and market-leading edible oil processing and distribution operation in Latin America. The Company also has an investment in the form of secured loans to the largest port in Belize. 

     

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 web site http://www.wihl.com.

 

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