27th Nov 2015 18:12
BCB HOLDINGS LIMITED ANNOUNCES
PURCHASE OF OWN SHARES
Belize City, Belize, November 27, 2015 -- BCB Holdings Limited (London - AIM: BCB; Bermuda - BBHL) (the "Company" or "BCBHL")
The Company announces that it has today purchased 554,228 ordinary shares in the Company at 5 pence per share and placed them in treasury. The Company's holding in treasury shares following this transaction amounts to 4,298,211 ordinary shares. Following the transaction, the total number of the Company's ordinary shares in issue less the treasury shares held is 99,344,773 ordinary shares.
Background Information
BCB Holdings Limited (BCBHL) is a parent holding company with no independent business operations or assets other than its investments in its subsidiaries, intercompany balances and holdings of cash and cash equivalents. BCBHL's businesses are conducted through its subsidiaries. The Belize Bank Limited (BBL) is incorporated and based in Belize and focuses on the provision of financial services and lending to domestic clients. Belize Bank International Limited is incorporated and based in Belize and focuses on the provision of financial services and lending to international clients. BCBHL also owns an international corporate services business based in Belize. Within Belize, BBL is the largest, full service commercial and retail banking operation with a head office in Belize City and thirteen branches extended into each of the six districts of Belize. The principal operations of BBL are commercial lending, consumer lending, deposit taking and related banking activities.
For further information contact:
BCB Holdings Limited
UK: +44 (0) 207 248 6700
Belize: +501 227 7178
Cenkos Securities plc
Nicholas Wells +44 (0) 207 397 8900
Note: This and other press releases are available at the Company's web site: http://www.bcbholdings.com
Related Shares:
CIHL.L