PLC News 2012
26 October 2012
Holding in Company
Westhouse Holdings plc (LSE:WHL), the corporate and institutional broking group, was notified on 19 October 2012 that on 18 October 2012, Bermuda Commercial Bank Limited, a significant shareholder in the Company, transferred its entire holding of ordinary shares in the Company to its parent company, Bermuda National Limited.
Bermuda National Limited is a financial services investment holding company whose largest asset is its 100% owned subsidiary, Bermuda Commercial Bank Limited, one of Bermuda's four licensed banks which is focused purely on corporate and private wealth.
Following this transaction, the total number of shares in the Company held by Bermuda National Limited is 15,235,277, representing 46.13% of the Company's issued share capital.
For further information:
|Westhouse Holdings plc|
|Christopher Getley, Chief Executive||Tel: +44 (0) 20 7601 6103|
|Smith & Williamson Corporate Finance Limited|
|Azhic Basirov / David Jones||Tel: +44 (0) 20 7131 4000|
|Tim Grey Associates|
|Tim Grey||Tel: +44 (0) 20 7871 8611|
Notes to editors:
Westhouse Holdings plc
Westhouse is a corporate and institutional stockbroking group with particular sectoral expertise in investment funds, growth companies, oil and gas, mining, insurance, media and support services. Regionally the group's clients have significant exposure across Europe, Africa, Central Asia and China.
Westhouse is based in London and employs approximately 60 people. Westhouse Securities is authorised and regulated by the FSA, is a member of the London Stock Exchange, a NOMAD for AIM listed companies and a Sponsor of Official List companies.