The problem of ring formation in solutions of cylindrical micelles is reinv
estigated theoretically, taking into account a finite bending rigidity of t
he self-assembled linear objects. Transitions between three regimes are fou
nd when the scission energy is sufficiently large. At very low densities on
ly spherical and very short, rod-like micelles form. Beyond a critical dens
ity, mainly rings but also worm-like chains appear in (virtually) fixed rel
ative amounts. Above a second transition both the length of the linear chai
ns and the relative amount of material taken up by them increase rapidly wi
th increasing concentration. The mass accumulated into long, semi-flexible
worms then overwhelms that in rings. The ring-dominated regime is very narr
ow for semi-flexible chains, confirming that the presence of rings may be d
ifficult to observe in many micellar systems, and indeed disappears complet
ely for sufficiently low scission energy and/or large persistence length.