SOURCE: ATLAS Mara Limited

September 11, 2017 02:59 ET

ATLAS Mara Limited: Notification of Major Interest in Shares

TORTOLA, BRITISH VIRGIN ISLANDS--(Marketwired - Sep 11, 2017) - ATLAS Mara Limited (LSE: ATMA)

LSE: ATMA

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
 
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:   Atlas Mara Limited
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer   X
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights   X
An acquisition or disposal of financial instruments    
An event changing the breakdown of voting rights    
Other (please specify)iii:    
3. Details of person subject to the notification obligationiv
Name   Fairfax Financial Holdings Limited
City and country of registered office (if applicable)   Toronto, Canada
4. Full name of shareholder(s) (if different from 3.)v
Name   Fairfax Africa Holdings Investments Limited
City and country of registered office (if applicable)   Ebene, Mauritius
5. Date on which the threshold was crossed or reachedvi:   31/08/2017
6. Date on which issuer notified (DD/MM/YYYY):   06/09/2017
7. Total positions of person(s) subject to the notification obligation
    % of voting rights attached to shares (total of 8. A)   % of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)
  Total of both in % (8.A + 8.B)   Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached   42.37%       42.37%   166,983,341
Position of previous notification (if
applicable)
               
                 
8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of
shares
ISIN code (if possible)
  Number of voting rightsix   % of voting rights
  Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)
  Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)
  Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)
  Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)
VGG0697K1066       70,758,670       42.37%
                 
                 
SUBTOTAL 8. A   70,758,670   42.37%
 
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument   Expiration
date
x
  Exercise/
Conversion Period
xi
  Number of voting rights that may be acquired if the instrument is
exercised/converted.
  % of voting rights
                 
                 
                 
        SUBTOTAL 8. B 1        
 
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument   Expiration
date
x
  Exercise/
Conversion Period
xi
  Physical or cash
settlement
xii
  Number of voting rights   % of voting rights
                     
                     
                     
            SUBTOTAL 8.B.2        
                     
9. Information in relation to the person subject to the notification obligation (please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii    
Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)
  X
Namexv   % of voting rights if it equals or is higher than the notifiable threshold   % of voting rights through financial instruments if it equals or is higher than the notifiable threshold   Total of both if it equals or is higher than the notifiable threshold
Fairfax Financial Holdings Limited            
Fairfax Africa Holdings Corporation            
Fairfax Africa Holdings Investments Limited   42.37%       42.37%
             
             
 
10. In case of proxy voting, please identify:
Name of the proxy holder    
The number and % of voting rights held    
The date until which the voting rights will be held    
 
11. Additional informationxvi
Total number of voting rights of 166,983,341 based on the RNS announcement of the Issuer on 1 September 2017. This announcement is being made in accordance with the Disclosure and Transparency Rule 5.1.2 as Fairfax Financial Holdings Limited has crossed the 30% threshold through its indirect shareholding in Fairfax Africa Holdings Investments Limited.
             
Place of completion   Toronto, Canada
Date of completion   06/09/2017

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