ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

ATMA Atlas Mara Limited

0.073
0.00 (0.00%)
18 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Atlas Mara Limited LSE:ATMA London Ordinary Share VGG0697K1066 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.073 0.073 0.08 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Atlas Mara Share Discussion Threads

Showing 1 to 12 of 75 messages
Chat Pages: 3  2  1
DateSubjectAuthorDiscuss
25/3/2015
20:04
Worth buying now? Any views folk?
jpuff
13/3/2015
06:47
We haven't seen any accounts since IPO and acquisitions. The results are on 25th, so I'll come back then.
jonwig
12/3/2015
22:38
Very quiet here. Anyone watching or thinking of buying? I'm a newbie so any advice appreciated. TIA
jpuff
27/9/2014
07:43
David Stevenson in the FT today:


It’s on that basis that I’ve recently added Atlas Mara to my own holdings. This is the African investment vehicle of former Barclays boss Bob Diamond and Africa-based entrepreneur Ashish Thakkar. Now the mere mention of Mr Diamond might spark some angst but I maintain that – love him or hate him – he built a remarkable business at Barclays and is one of the most formidable bankers of his generation. His focus on Africa alongside one of the best businessmen in east Africa (Mr Thakkar is Ugandan) is, I think, a big strength.

Atlas Mara is in effect in its “chrysalis phase”, slowly spending money that will in turn allow it to emerge as a big player in Nigerian and African banking generally. It’s already done some big deals involving ADC and BancABC in southern and eastern Africa, invested in a new bank in Rwanda and acquired a chunky stake in Union Bank of Nigeria. This last deal has a fascinating echo – UBN used to be known as Barclays Bank CDO and has now grown into a regional bank with $6.3bn of assets.

Atlas raised $325m at the end of last year and another $300m in the summer and is clearly building a war chest to assemble a regional banking powerhouse. Investors have to take a fair bit of this on trust, of course, but I think Mr Diamond and Mr Thakkar will deliver. If they do, UK-based investors will have a relatively clean way to play what will be one of the major investment stories of the next few decades.



The major investment story is African development.

jonwig
25/7/2014
11:57
Any idea when these will trade again?
moneymaker80
09/5/2014
22:46
Any update for shareholders or interested parties on suspension likely duration?
tubigrip
02/5/2014
17:40
Shares currently suspended due to acquisition of Bank ABC, operating in sub-Saharan Africa and has appointed (poached) John Vitalo from Barclays as new CEO. Also pursuing interests in the commercial arm of the Bank of Rwanda.

Anything with Bob Diamond in it has to be worth a dabble when the shares are re-listed.

meltwood
05/4/2014
08:37
nothing in here yet is there
dewtrader
01/4/2014
18:23
LSE. Bob Diamond is in charge. looks a good prospect.
moneymaker80
01/4/2014
17:38
Can't find them quoted on Hargreaves Lansdowne - ticker ATMA where are they quoted ?
4cer
01/4/2014
10:43
Anyone thinking of investing here?
moneymaker80
31/12/2013
13:50
Atlas Mara Co-Nvest Limited ("Atlas Mara" or the "Company") is pleased to announce the results of its successful placing of Ordinary Shares with Warrants being issued to subscribers of Ordinary Shares in the IPO on the basis of one Warrant per Ordinary Share (the "Matching Warrants") (the "Placing").

Atlas Mara has raised gross proceeds of $325 million including the founders' investment of $20 million.

Atlas Mara has been formed to undertake an acquisition of a target company or business (the "Acquisition"). The Company's efforts in identifying a prospective target company or business will not be limited to a particular industry or geographic region. However, given the experience of the Company's founders and its board, the Company expects to focus on acquiring a company or business in the financial services sector with all or a substantial portion of its operations in Africa.

The Directors believe that there are significant gaps in the market today including the need for capital created by European financial institutions retreating to their home territories due to the sovereign debt crisis and the Basel III regulatory framework at a critical time for growth in Africa. This situation presents opportunities for the Company to execute the Acquisition and to create a financial institution that provides leadership, liquidity, access to investors, product innovation, and technology to support economic growth and strengthen financial systems in Africa.

andrbea
Chat Pages: 3  2  1

Your Recent History

Delayed Upgrade Clock

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 | support@advfn.com