KeyTech, West Hamilton investors take bigger stakes
BSX-listed companies KeyTech and West Hamilton Holdings, separately, announced increased shareholdings by major investors.
Real estate development company West Hamilton announced that Bermuda National Limited (BNL) has increased its shareholding in the Company to 15.1 percent.
In a transaction on September 16, BNL purchased 406,500 common shares.
As of September 30, wholly owned BNL subsidiary, Bermuda Commercial Bank owned 41.7 percent of the company's issued shares making BNL's total beneficial ownership 56.8 percent of the company, West Hamilton said.
Separately, KeyTech announced Bermuda First Investment Company Limited increased its shareholding in the company to 29.9 percent.
In a share transaction initiated on September 16, BFIC purchased 935,000 KeyTech Limited common shares.