Bermuda First Investment Shareholding Change

August 31, 2016

In a filing with the Bermuda Stock Exchange [BSX], Bermuda First Investment Company Limited announced a Change in Shareholding.

The filing stated, “Bermuda First Investment Company Limited, a BSX listed investment holding company which owns a number of significant investments in BSX Bermuda listed companies, announces that on 29 August 2016, UIL Limited acquired 308,835 common shares in the Company and as a result of this transaction is now interested in 1,891,195 common shares, representing 94.2% of BFIC’s issued share capital. Bermuda Commercial Bank Limited no longer has a holding in the Company.”

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