ATMA.L

Atlas Mara Ltd.
Atlas Mara Limited - Successful Dismissal of TLG Petition
22nd July 2021, 11:35
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RNS Number : 1684G
ATLAS Mara Limited
22 July 2021
 


22 July 2021

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

Atlas Mara Limited

(the "Company")

Atlas Mara Announces Successful Dismissal of TLG Petition

Atlas Mara Limited ("Atlas Mara" or the "Company," and including its subsidiaries, the "Group"), the sub-Saharan African financial services group, hereby provides an update on the outcome of the application by TLG to appoint joint liquidators in respect of the Company.

 

As announced on 17 February 2021, TLG ATMA Ltd ("TLG") had filed an application with the High Court of Justice (Commercial Division) of the Eastern Caribbean Supreme Court, British Virgin Islands seeking to appoint joint liquidators in respect of the Company (the "Application"). 

 

The Company is pleased to announce that it has successfully defended the TLG Application. On 21 July 2021, the High Court of Justice (Commercial Division) of the Eastern Caribbean Supreme Court, British Virgin Islands dismissed the Application in all respects. This outcome is in the best interest of all stakeholders and is a vindication of the Company's position.

 

Contact Details:

Investors

Kojo Dufu, +1 212 883 4330

Media

Apella Advisors, +44(0) 7818 036 579

Anthony Silverman 

About Atlas Mara

Atlas Mara Limited (LON: ATMA) is a financial institution listed on the London Stock Exchange.  For more information, visit www.atlasmara.com.

 

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