Atlas Mara Limited
Atlas Mara Repurchase of Shares and Total Voting Rights Update
DGAP-News: Atlas Mara Limited / Key word(s): Share Buyback LSE: ATMA 8 December 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 7 December 2015, the Company repurchased 20,000 shares, all of which were purchases at a price of $5.60 and will 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 1,868,559 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 70,589,965. 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.
About Atlas Mara
2015-12-08 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |