34B Bermudiana Road HM 11 Bermudiana Road, Hamilton

http://www.somers.limited
Listed Since: 2017/06/30
Delisted on: 2017/10/05
BSX Ticker: SOMW.BH
CUSIP: G82658116
ISIN: BMG826581164
Tel: (441) 295-5678
Fax: (441) 296-0601
Email: ay@icm.bm

Somers Limited (the "Company" formerly known as Bermuda National Limited) is a Bermuda exempt company whose shares are traded on the Bermuda Stock Exchange under the ticker code, SOM.BH. The Company is an unregulated investment holding company. It currently has investments in the banking, stockbroking and asset financing sectors. The Company’s primary investment is a 100% interest in Bermuda Commercial Bank Limited ( see web-site www.bcb.bm ), one of Bermuda’s four licensed banks, which focuses on corporate and private wealth.

The Company will provide a platform for corporate acquisitions in the financial services sector. The fallout from the 2008 financial crisis is expected to continue to provide a number of attractive investment opportunities. The Company will look to make further investments in the financial services sector where acquisitions meet the Company’s investment objectives. 

 

On 30 June 2017, the Company issued 4,837,066 Warrants to subscribe for Common Shares at an exercise price of $13.50 and expiry date of 30 September, 2017.

On 6 July 2017, the Company received a Bonus Warrant Exercise notice and issued 2,454,568 Somers Common shares.

DIRECTORY

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