Hashtag: #BF&MLimited
BF&M & Argus Statements On Amalgamation
BF&M and Argus both issued statements in relation to their business agreement. BF&M Limited Statement A filing with the BSX said, “Following receipt of all requisite regulatory confirmations of no objections [as applicable], BF&M acquired 7,092,325 shares in Argus on 4 December 2024, pursuant to an exclusive option and a dedicated... Read more of this article
Photos & Video: BF&M Breast Cancer Walk
The annual BF&M Breast Cancer Awareness Walk — which serves to help raise funds for the Bermuda Cancer and Health Centre — was held yesterday [Oct 16]. The charity previously noted that “for more than two decades, the BF&M Breast Cancer Awareness Walk has united our community in the fight against this deadly disease and funded access... Read more of this article
BF&M Reports $7.5M Net Income
BF&M Limited reported a net income of $7.5 million for the first half of 2024, down from $13.9 million in 2023. A spokesperson said, “BF&M Limited [“BF&M”, “the BF&M Group” or “the Company”] today reported a net income of $7.5 million for the six months ended 30 June 2024, compared to a net income for the comparative... Read more of this article
BF&M & Argus Unveils New Leadership Team
BF&M and Argus announced their Executive Leadership Committee for the new combined company, pending regulatory and shareholder approval, with the announcement noting that the appointments are “effective upon closing of transaction.” A spokesperson said, “BF&M Limited and Argus Group Holdings Limited today announced the composition... Read more of this article
BF&M: No Share Repurchases In June 2024
BF&M Limited announced that there were no share repurchases in June 2024. In a filing with the BSX, the company said, “The company announces that pursuant to Regulation 6.44 of the BSX Listing Regulations that the Company made no share repurchases for the month ending June 2024.” Related Stories BF&M Prepare 300 Packages, Donate... Read more of this article
AM Best On Credit Ratings Of Argus & BF&M
AM Best has commented following the news that BF&M and Argus Group “have signed a definitive amalgamation agreement, pursuant to which BF&M and Argus will combine in an all-stock transaction.” A statement from the ratings agency said, “AM Best has revised the implications of the under review status to positive from developing... Read more of this article
BF&M & Argus Announce Merger Agreement
BF&M and Argus Group announced today that they “have signed a definitive amalgamation agreement, pursuant to which BF&M and Argus will combine in an all-stock transaction.” A spokesperson said, “The transaction is subject to required regulatory approvals and shareholder approval with a planned completion date for the amalgamation... Read more of this article
BF&M: No Share Repurchases In May 2024
BF&M Limited announced that there were no share repurchases in May 2024. In a filing with the BSX, the company said, “The Company announces that pursuant to Regulation 6.44 of the BSX Listing Regulations that the Company made no share repurchases for the month ending May 2024.” Related Stories BF&M Prepare 300 Packages, Donate... Read more of this article
BF&M: No Share Repurchases In April 2024
BF&M Limited announced that the company made no repurchases for the month ending April 2024. A spokesperson said, “The Company announces that pursuant to Regulation 6.44 of the BSX Listing Regulations that the Company made no share repurchases for the month ending April 2024.” Related Stories BF&M Prepare 300 Packages, Donate $20K BF&M... Read more of this article
BF&M: No Share Repurchases In March 2024
BF&M Limited announced that the company made no repurchases for the month ending March 2024. A spokesperson said, “The Company announces that pursuant to Regulation 6.44 of the BSX Listing Regulations that the Company made no repurchases for the month ending March 2024.” Related Stories BF&M Prepare 300 Packages, Donate $20K BF&M... Read more of this article
BF&M Limited Promotes Gemma Rochelle
BF&M Limited announced the promotion of Gemma Rochelle to EVP, Group General Counsel and Chief Compliance Officer, and her appointment to its Group Executive Committee, effective April 1st, 2024. Abigail Clifford, Group President and CEO, stated, “Gemma joined the company in 2019 and has made significant contributions, proving herself to be an... Read more of this article
BF&M Reports Net Income Of $27.2 Million
BF&M Limited today [March 25] reported a “net income of $27.2 million for the year ended 31 December 2023, marking a significant turnaround to a restated net loss for the comparative period in 2022 of $11.0 million.” Abigail Clifford, Group President and CEO, stated, “This year has been significant for us, overcoming numerous obstacles... Read more of this article
