West Hamilton Holdings Announcement

In a filing with the Bermuda Stock Exchange, West Hamilton Holdings Limited advised that Bermuda Commercial Bank Limited, a new shareholder, has acquired 40.8 percent of the company’s shares following the Rights Offering that closed on 22 July, 2011.

BCB was the underwriter of the Offering and, according to the terms of the underwriting agreement, BCB has taken up all qualifying, unsubscribed rights.

West Hamilton Holdings Limited was incorporated in Bermuda in 2007 at which time the directors of the Company approved a reorganization of the West Hamilton Group of Companies. The primary assets of the Company consist of real property at 69 and 71 Pitts Bay Road, Pembroke HM 08.

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Category: All, Business