Atlas Mara Achieves 98.7% Ownership in BancABC Through Its Mandatory Offer for Remaining Minority Shareholders

TORTOLA, BRITISH VIRGIN ISLANDS--(Marketwired - Nov 17, 2014) - 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 (LSE: ATMA) ("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.

Atlas Mara's total ownership of BancABC now stands at 98.7%.