BSX delists West Hamilton right shares – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

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BSX delists West Hamilton right shares

The Bermuda Stock Exchange has de-listed West Hamilton Holdings Ltd’s right shares following the closure of its offering on July 22, 2011.

West Hamilton Holdings announced yesterday that 28 percent of 408,630 of the total number of shares offered in its right issue were taken up by shareholders.

The fully underwritten rights offer started on July 4, 2011 and expired on July 22, 2011 without an extension, giving eligible shareholders the right to subscribe for common shares in the company on a one-for-one basis at $6.50 per share in order to raise approximately $9.3 million (before expenses).

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Published August 02, 2011 at 2:00 am (Updated August 02, 2011 at 9:27 am)

BSX delists West Hamilton right shares

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