DGAP-News
Atlas Mara Limited: Atlas Mara Repurchase of Shares and Total Voting Rights Update
DGAP-News: Atlas Mara Limited / Key word(s): Miscellaneous
Atlas Mara Limited: Atlas Mara Repurchase of Shares and Total Voting Rights
Update
30.11.2015 / 08:37
The issuer is solely responsible for the content of this announcement.
Atlas Mara Limited: Atlas Mara Repurchase of Shares and Total Voting Rights
Update
30.11.2015 / 08:37
The issuer is solely responsible for the content of this announcement.
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LSE:ATMA
30 November 2015
Atlas Mara Repurchase of Shares and Total Voting Rights Update
Atlas Mara Limited ("Atlas Mara" or the "Company"), the sub-Saharan African
financial services group, today announces that on 27 November 2015, the
Company repurchased 20,000 shares at a high price of $5.73 and a low price
of $5.65, all of which were purchased to be held as treasury shares.
Atlas Mara repurchased shares pursuant to the authority granted by its
Board of Directors to re-initiate the Company's previously suspended share
repurchase program. As communicated in its Q3 results announcement on 29
October 2015, the Company, by way of its nominated brokers, to whom it has
granted discretion, will seek to acquire up to $10 million of its ordinary
shares in the market.
As a result of the repurchase of shares, Atlas Mara's total number of
ordinary shares in issue is 72,458,524 of which 1,788,559 are now held in
treasury.
In accordance with rule 5.6.1 of the Financial Conduct Authority's
Disclosure and Transparency Rules ("DTRs"), Atlas Mara hereby notifies the
market that the total number of voting rights in Atlas Mara is 70,669,965.
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.
Contacts
Investors
Brad Gibbs, +971 4325 3745
Kojo Dufu, +1 212 883 4330
Media
StockWell Communications, +44 (0)20 7240 2486
Anthony Silverman
About Atlas Mara
Atlas Mara was listed on the London Stock Exchange in December 2013. Atlas
Mara's vision is to create sub-Saharan Africa's premier financial services
institution through a combination of its experience, expertise and access
to capital, liquidity and funding. Its goals are to combine the best of
global institutional knowledge with extensive local insights and to support
economic growth and financial inclusion in the countries in which the
Company operates.
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30.11.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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419011 30.11.2015
LSE:ATMA
30 November 2015
Atlas Mara Repurchase of Shares and Total Voting Rights Update
Atlas Mara Limited ("Atlas Mara" or the "Company"), the sub-Saharan African
financial services group, today announces that on 27 November 2015, the
Company repurchased 20,000 shares at a high price of $5.73 and a low price
of $5.65, all of which were purchased to be held as treasury shares.
Atlas Mara repurchased shares pursuant to the authority granted by its
Board of Directors to re-initiate the Company's previously suspended share
repurchase program. As communicated in its Q3 results announcement on 29
October 2015, the Company, by way of its nominated brokers, to whom it has
granted discretion, will seek to acquire up to $10 million of its ordinary
shares in the market.
As a result of the repurchase of shares, Atlas Mara's total number of
ordinary shares in issue is 72,458,524 of which 1,788,559 are now held in
treasury.
In accordance with rule 5.6.1 of the Financial Conduct Authority's
Disclosure and Transparency Rules ("DTRs"), Atlas Mara hereby notifies the
market that the total number of voting rights in Atlas Mara is 70,669,965.
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.
Contacts
Investors
Brad Gibbs, +971 4325 3745
Kojo Dufu, +1 212 883 4330
Media
StockWell Communications, +44 (0)20 7240 2486
Anthony Silverman
About Atlas Mara
Atlas Mara was listed on the London Stock Exchange in December 2013. Atlas
Mara's vision is to create sub-Saharan Africa's premier financial services
institution through a combination of its experience, expertise and access
to capital, liquidity and funding. Its goals are to combine the best of
global institutional knowledge with extensive local insights and to support
economic growth and financial inclusion in the countries in which the
Company operates.
---------------------------------------------------------------------------
30.11.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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419011 30.11.2015
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