Friday announced details of its rights offer on Friday.

Bermuda Home shareholders have been given rights for one ordinary share and one eight percent preference share for every four shares they currently hold.

Pricing has not been announced for the offer, which extends from 9 a.m. on June 27 to 3 p.m. on July 22.

Bermuda Home -- which was formed out fo the merged real estate and deposit taking busines of the Bank of Bermuda and LP Gutteridge -- holds more than 50 percent of the Island's mortgages in addition to its sales and rental operations.

It is currently owned by the Bank, LPG and Bank shareholders, who received one share in the company for every ten bank shares held.

The company traded for the first time this week, closing at $7.50 trading on a volume of 60 shares.

On the rest of the Exchange, the Index closed down 9.27 points for the week at 1,167.8.

Share volume was 513,499 with a share value of $241,967 while bond volume was 500,000 at a value of $532,500. Total value of the week's volume was $774,467.

Bermuda Computer Services announced a special dividend of $1 per share to be paid June 30 for shareholders of record on June 22, as announced on June 15 in addition to a quarterly dividend of 20 cents to be paid on July 15 to shareholders on record as of July 15 as announced June 23.

Devonshire Industries Ltd. also announced a special dividend of 25 cents per share paid June 30 to shareholders of record June 30 as announced May 10.

Devonshire Industries Ltd. It will pay a quarterly dividend of 50 cents on June 30 to shareholders of record May 17 as announced May 10.

Bank of Bermuda announced a quarterly dividend of 20 cents paid July 15 to shareholders of record on June 30 as announced June 23.

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