17 Nov 2014 16:45
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17 November 2014
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Atlas Mara achieves 98.7% ownership in BancABC through its mandatory offer for remaining minority shareholders
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Further to the launch of the mandatory public offer to the shareholders of ABC Holdings Limited ("BancABC") on 22 September 2014 (the "Offer"), Atlas Mara Co-Nvest Limited ("Atlas Mara" or the "Company") announces that the period for accepting the Offer expired on 7 November 2014 and that 7,040,997 shares in BancABC, which represent an additional 2.74% of BancABC's current share capital, have been tendered. 182,819 of the tendered shares were received on 14 November 2014.
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Atlas Mara's total ownership of BancABC now stands at 98.7%.
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Contact details
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StockWell Communications, +44 (0)20 7240 2486
Anthony Silverman
Robert Morgan
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Sard Verbinnen & Co, +1 (212) 687 8080
David Reno
Margaret Popper
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