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6 Jan 2016 16:35
6 January 2015
Director / PDMR Shareholding
Atlas Mara Limited ("Atlas Mara" or the "Company") hereby notifies that each of the listed Non-Executive Directors were issued ordinary shares of no par value in the Company ("Shares") as set out below, at an average price of $5.93 on 23 December 2015.
The issue of these Shares was undertaken in accordance with the terms of their letters of appointment as Non-Executive Directors pursuant to which 50% of their individual compensation is satisfied by the issue of Shares. The Chairman of the board elected to receive 100% of his compensation in the form of Shares. The Company's co-founders, Robert E. Diamond, Jr. and Ashish J. Thakkar, are also Non-Executive Directors, but do not receive compensation in connection with this role.
Name of Director / PDMR | Number of shares acquired | Total beneficial holding following notification | Total percentage holding following notification |
Arnold Ekpe | 19,644 | 32,144* | 0.05% |
Tonye Cole | 7,203 | 15,703 | 0.02% |
Rachel F. Robbins | 7,203 | 15,703 | 0.02% |
Amadou Raimi | 8,185 | 8,185 | 0.01% |
Olufunke Opeke | 7,203 | 7,203 | 0.01% |
Eduardo C. Mondlane Jnr. | 7,203 | 7,203 | 0.01% |
*Shares are held on behalf of Arnold Ekpe by Eurocomm Holdings Limited, a connected person of Arnold Ekpe.
These disclosures are made pursuant to the Financial Conduct Authority's Disclosure and Transparency Rule 3.1.4 R. The transactions took place in the UK.
Contact details
Beatrice Hamza Bassey, Group General Counsel
+971 4 275 6000
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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