SOURCE: ATLAS Mara Limited

January 06, 2016 11:35 ET

ATLAS Mara Limited: Director / PDMR Shareholding

TORTOLA, BRITISH VIRGIN ISLANDS--(Marketwired - Jan 6, 2016) - Atlas Mara Limited (LSE: ATMA) ("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.

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.

Contact Information

  • Contact details
    Beatrice Hamza Bassey
    Group General Counsel
    +971 4 275 6000