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Hamilton, Bermuda:  2^nd, February 2022 – In a filing with the Bermuda Stock Exchange (“BSX”), LOM Financial Limited (the “Company"; Ticker: LOM.BH), announces share repurchases for January 2022.  The full filing stated:

 

HAMILTON, Bermuda – 2 February 2022 – LOM Financial Limited (the “Company"; Ticker: LOM.BH), has announced that the Company purchased a total of 17,100 shares at an average price of $5.25 for cancellation during January 2022, pursuant to Regulation 6.38 of the BSX Listing Regulations.

 

LOM is authorised to purchase shares from time to time in the open market, or privately negotiated transactions, or block trades.  The number of shares ultimately repurchased, and the timing of the purchases, will depend upon market conditions, share price, and other factors.  LOM currently has 5,146,598 shares of Common Stock outstanding. 

 

Neither the directors nor executive officers of the Company are aware of any associate nor insider of the Company or any associate of any insider of the Company who intends to sell listed securities to the Company during the course of the securities repurchase program.

 

Neither the directors nor executive officers of the Company are aware of any direct or indirect benefits to any associate and insider of the Company or any associate of any insider of the Company by selling or not selling the listed securities during the currency of the securities repurchase program.

 

About the LOM Financial Group:

LOM (www.lom.com) is a publicly-held, international financial services company, providing a complete range of investment services and products, with subsidiaries in Bermuda, Bahamas and the UK. In business for 30 years, LOM provides brokerage, custody, asset management,

 

and corporate finance services to its primarily high net-worth individual and institutional customers around the world. LOM Financial Limited is publicly listed on the Bermuda Stock Exchange (symbol LOM.BH), and is the parent to its regulated subsidiaries – LOM Financial (Bermuda) Limited, LOM Financial (Bahamas) Limited, LOM Asset Management Limited, and Global Custody & Clearing Limited.

 

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

 

 

Established in 1971 the Bermuda Stock Exchange (BSX) is 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 is a full member of the World Federation of Exchanges (WFE) and is in an O.E.C.D. member nation and an affiliate member of IOSCO. The BSX is recognised by the US SEC as a Designated Offshore Securities Market. In addition, the BSX is recognized by the U.S. Securities & Exchange Commission (SEC) as a Designated Offshore Securities Market under Regulation S; The Financial Services Authority in the UK as a Designated Investment Exchange; HM Revenue & Customs in the UK as a Recognized Stock Exchange; The Bermuda Monetary Authority as a Recognised Investment Exchange; and as an Approved Stock Exchange under Australia’s Foreign Investment Funds (FIF) taxation rules; and Designated Exchange status under Canada’s Income Tax Act and is a member of America’s Central Securities Depository Association.