22 Jul 2021 12:35
22 July 2021
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
Atlas Mara Limited
(the "Company")
Atlas Mara Announces Successful Dismissal of TLG Petition
Atlas Mara Limited ("Atlas Mara" or the "Company," and including its subsidiaries, the "Group"), the sub-Saharan African financial services group, hereby provides an update on the outcome of the application by TLG to appoint joint liquidators in respect of the Company.
As announced on 17 February 2021, TLG ATMA Ltd ("TLG") had filed an application with the High Court of Justice (Commercial Division) of the Eastern Caribbean Supreme Court, British Virgin Islands seeking to appoint joint liquidators in respect of the Company (the "Application").
The Company is pleased to announce that it has successfully defended the TLG Application. On 21 July 2021, the High Court of Justice (Commercial Division) of the Eastern Caribbean Supreme Court, British Virgin Islands dismissed the Application in all respects. This outcome is in the best interest of all stakeholders and is a vindication of the Company's position.
Contact Details:
Investors
Kojo Dufu, +1 212 883 4330
Media
Apella Advisors, +44(0) 7818 036 579
Anthony Silverman
About Atlas Mara
Atlas Mara Limited (LON: ATMA) is a financial institution listed on the London Stock Exchange. For more information, visit www.atlasmara.com.