Allshores Limited 
BSX: ALSH.BH 
For immediate release
 

The Board of Allshores Limited (“the Company”) has authorised the repurchase of common shares up to an aggregate value of $5,000,000 from the 9,447,550 common shares currently outstanding.  

Shares repurchased under this programme are expected to be retained by the company as treasury shares.

In accordance with BSX Listing Regulation 6.39 (1): 

(i) The Company has a present intention to acquire listed shares pursuant to a share repurchase programme to be executed over the twelve-month period following publication of this repurchase notice; 
(ii) The Company may repurchase shares up to an aggregate value of $5,000,000; 
(iii) At the current share price of $16.76, this would represent approximately 3% of the Company's issued share capital; 
(iv) This repurchase supports the Company’s capital management strategy by reducing surplus capital and returning value to shareholders; 
(v) In 2024, the Company re-purchased 25,000 common shares; 
(vi) The executive officers of the Company are not aware of any associate nor insider of the Company or any associate of any insider of the Company who intends to sell listed shares to the Company during the course of the share repurchase program; and 
(vii) The executive officers of the Company are not aware of any direct or indirect benefits to any associate and insider of the Company or any associate of any insider of the Company by selling or not selling the listed securities during the currency of the share repurchase program. 

About Allshores Limited 

Allshores Limited is the parent company of the Allshores group of companies ("Allshores Group"), a diversified collection of  financial services, insurance, and wellness businesses. The Group includes a range of well-established entities providing life, health, pension, property, casualty, motor, and marine insurance solutions. Its portfolio comprises companies such as BF&M Life Insurance Company Limited, BF&M General Insurance Company Limited, Argus Group Holdings Limited, BF&M Investment Services Limited, Scarborough Property Holdings Limited, Island Heritage Insurance Company, Ltd., and Island Heritage Retirement Trust Company Ltd.