ATLAS Mara Limited Proposed Transaction Update and Notice of AGM (5144Y)
02 Gennaio 2020 - 8:00AM
UK Regulatory
TIDMATMA
RNS Number : 5144Y
ATLAS Mara Limited
02 January 2020
UPDATE REGARDING PROPOSED TRANSACTION AND ANNUAL GENERAL
MEETING
Atlas Mara Limited ("Atlas Mara" or "the Company") announced on
30 April 2019 that it had entered into a binding term sheet
pursuant to which Atlas Mara agreed to the exchange of certain
banking assets in four countries for shares in Equity Group
Holdings Plc ("EGH"). On 30 September 2019, Atlas Mara noted that
confirmatory due diligence has been substantially concluded.
As of the date of this announcement, the parties have yet to
sign detailed transaction agreements. While there is no assurance
that the potential transaction will be concluded on the terms
previously announced, the parties continue to be engaged in
discussions, with the objective to reach mutually-acceptable terms
as soon as practicable in early 2020. The Company will provide any
further update to the market in due course.
The Company also announces that its next Annual General Meeting
will be held in May 2020. Customary formal notice of the meeting
including the date, time and location will be circulated to
shareholders in due course. The articles of association of the
Company require the approval of the holders of a majority of the
ordinary shares in the Company to hold an Annual General Meeting no
more than 15 months after the prior Annual General Meeting, which
was held on 29 August 2018. The Company has received the necessary
approval. Atlas Mara will circulate a written resolution to all
holders of ordinary shares, as required by its articles of
association.
Contacts
Investors
Kojo Dufu, +1 212 883 4330
Media
Anthony Silverman, Apella Advisors
+44 (0)7818 036 579
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
NOAFIFLELVIFIII
(END) Dow Jones Newswires
January 02, 2020 02:00 ET (07:00 GMT)
Grafico Azioni Atlas Mara (LSE:ATMA)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni Atlas Mara (LSE:ATMA)
Storico
Da Apr 2023 a Apr 2024
Notizie in Tempo Reale relative a Atlas Mara Limited (Borsa di Londra): 0 articoli recenti
Più Atlas Mara Limited Articoli Notizie