Somers Limited May 2014 Share Repurchases
Somers Limited, a Bermuda exempted financial services investment holding company, announced that during the month of May 2014, Somers purchased 13,800 of its own common shares at an average cost of $13.55 per share. The Shares will be cancelled with immediate effect.
Somers Limited is a listed exempt financial services investment holding company whose major assets include its 100% owned subsidiary, Bermuda Commercial Bank Limited, one of Bermuda’s four licensed banks and a 62.5% holding in Waverton Investment Management Limited, a UK wealth manager with over US$8.0 billion assets under management.
