ATMA.L

Atlas Mara Ltd.
Atlas Mara Limited - Repurchase of Shares and Total Voting Rights
4th January 2021, 17:46
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 5135K
ATLAS Mara Limited
04 January 2021
 

4 January 2021

 

Atlas Mara Repurchase of Shares and Total Voting Rights Update

 

Atlas Mara Limited ("Atlas Mara" or the "Company" and, including its subsidiaries, the "Group"), the sub-Sahara African financial services group, today announces that on 31 December 2020, the Company completed its repurchase of 26,435,188 shares, each of which was purchased at a price of $0.40 and will be held as treasury shares as previously detailed in its announcement dated 29 December 2020.

 

As previously announced, Atlas Mara agreed to repurchase the shares as a condition to the Company's entry into the new secured facility agreement.

 

As a result of the repurchase of shares, Atlas Mara's total number of ordinary shares in issue is 174,618,767 of which 27,483,429 are now held in treasury. Atlas Mara hereby notifies the market that the total number of voting rights in Atlas Mara is 143,837,040.  In accordance with rule 5.6.1 of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Atlas Mara under the DTRs.

 

 

Contact Details

Investors

Kojo Dufu, +1 212 883 4330

 

Media

Apella Advisors, +44(0) 7818 036 579
Anthony Silverman, +44 (0)7818 036 579

 

About Atlas Mara

Atlas Mara Limited (LON: ATMA) is a financial institution listed on the London Stock Exchange. Atlas Mara aims to be a positive disruptive force in the markets in which we operate by leveraging technology to provide innovative and differentiated product offerings, deliver excellent customer service and accelerate financial inclusion. For more information, visit www.atlasmara.com.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
TVRDKQBQOBKDQDK ]]>
TwitterFacebookLinkedIn