Heather Venture Holdings Ltd and Tapir Holdings Ltd are now listing their shares on the Mezzanine Market of the Bermuda Stock Exchange.

The companies are entities incorporated in the British Virgin Islands and have received the BSX’s approval for the listing of 44,502,264 ordinary shares.

Carey Olsen Listing Services Bermuda Limited acted as listing sponsor, in conjunction with Clarien BSX Services Limited as trading member, for the firms’ successful admission.

The listings have been made as part of a wider transaction, which involved the declaration of a dividend in specie by Impellam Group plc, with such dividend in specie being the Listing Shares.

Greg Wojciechowski, president and chief executive officer of the BSX, was delighted.

“We are excited to support Carey Olsen Listing Services Bermuda Limited and their collaboration with Clarien BSX Services Limited in bringing these companies to the Mezzanine Market,” he said.

The BSX Mezzanine Market offers growing e-commerce, high-tech and development stage companies the opportunity to list on a recognised international stock exchange.

Steven Rees Davies, a director of Carey Olsen Listing Services Bermuda Limited, said: “We are thrilled to have been able to work with Clarien BSX Services Limited and the team at the BSX to assist Impellam Group plc with the equity listing of these two companies. These transactions are a continuing example of the appetite of international business to seek a listing of their securities on the BSX as a globally recognised stock exchange.”