NASSAU, July 1, 2020 \u2013 The Bahamas International Securities Exchange (BISX) is pleased to announce that listing application submitted by Bahamas First Holdings Limited (\u201cBahamas First\u201d) has been formally approved by the BISX Listing Committee. As a result, Bahamas First has been added to the Official Roster of companies listed on the Exchange. Bahamas First is listing the following securities (with their BISX trading symbols in bold) on BISX all of which will trade through the Bahamas Automated Trading System (BATS):<\/p>\n
1. Bahamas First Holdings Limited (Ordinary Shares) \u2013 BFH
\n2. Bahamas First Holdings Limited (Preference Shares) \u2013 BFHP
\n3. Bahamas First Holdings Limited (Bonds) \u2013 BFHB<\/p>\n
Prior to submitting its application for listing to BISX, Bahamas First submitted listing applications
\nfor each of the above securities, each of which was independently reviewed and approved by the
\nBISX Listing Committee.<\/p>\n
Alison Treco, Chair of the Board of Bahamas First, commented, \u201cOur listing on BISX has been a
\nconsideration for several years and has now become a significant milestone for us as we begin
\nour next phase of growth and development as a publicly traded and listed company. While we do
\nnot intend to issue any additional shares at this time, we believe that this move will facilitate an
\nopen trading platform that will provide increased liquidity for our existing shareholders while
\nenhancing Bahamas First\u2019s visibility in the capital markets.\u201d<\/p>\n
Patrick Ward, Group President and CEO of Bahamas First, commented, \u201cDespite the recent
\nturmoil and disruption created by Hurricane Dorian and the global COVID- 19 pandemic, we
\nbelieve that the benefits of this listing outweigh any concerns around the current level of
\nuncertainty in our operating environment.\u201d<\/p>\n
BISX Chief Executive Officer, Keith Davies, commented: \u201cI\u2019d like to congratulate Bahamas First
\nLimited for listing their Ordinary Shares, their Preference Shares and their Corporate Bonds on
\nthe Exchange all at once. The Listing process for Bahamas First was unique in that the entire
\nprocess took place remotely due to the social distancing measures put in place due to the COVID-
\n19 pandemic. This was a unique listing process given those circumstances, but Bahamas First
\nand BISX were able to communicate effectively and complete the process. We believe that
\nBahamas First made the wise decision to move its securities to the regulated BISX market and
\nwe look forward to a truly beneficial continued relationship with Bahamas First.\u201d<\/p>\n
Bahamas First will commence trading on the BISX on Friday.<\/p>\n
NOTE: Attached to this Press Release is the BISX Formal Trading Notices for the above
\nsecurities. This notice advises the public of the securities to be listed on the Exchange and the
\ntrading symbol of the listed securities.<\/p>\n
For Additional Information Contact:<\/p>\n
Elude Michel-Sturrup
\nBISX Tel: 242-323-2330
\nFax: 242-323-2320
\nEmail: info@bisxbahamas.com<\/p>\n","protected":false},"excerpt":{"rendered":"
The Bahamas International Securities Exchange (BISX) is pleased to announce that listing application submitted by Bahamas First Holdings Limited (\u201cBahamas First\u201d) has been formally approved by the BISX Listing Committee.<\/p>\n","protected":false},"author":2,"featured_media":1464,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,13,12,11,14,1],"tags":[],"acf":[],"yoast_head":"\n