Buy
Sell
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
  0.02 3.77% 0.55 0.525 0.55 0.57 0.51 0.53 584,081 16:29:45
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 247.6 47.0 23.0 2.4 93

ATLAS Mara Limited Proposed Transaction Update and AGM Postponement

26/03/2020 5:36pm

UK Regulatory (RNS & others)


Atlas Mara (LSE:ATMA)
Historical Stock Chart

1 Month : From Mar 2020 to Apr 2020

Click Here for more Atlas Mara Charts.

TIDMATMA

RNS Number : 7843H

ATLAS Mara Limited

26 March 2020

26 March 2020

Proposed Strategic Transaction Update and Postponement of AGM

Atlas Mara Limited ("Atlas Mara" or the "Company") notes recent press speculation and confirms it continues to be in discussion with Equity Group. As announced by the parties in January 2020, the parties continue to be engaged in discussions, with the objective to reach mutually acceptable terms as soon as practicable . However, as a practical matter in light of current circumstances the parties no longer expect to be able to conclude such discussions in the early part of 2020 as previously announced. The parties will update the markets should this situation change.

Following the joint announcement by The Financial Conduct Authority ("FCA"), Financial Reporting Council ("FRC") and Prudential Regulation Authority ("PRA") today, the Company is evaluating the ability to release its Audited Annual Financial Statements by 30 April 2020 as a result of the guidance for preparing financial statements and audits during the current Covid-19 crisis.

The Company also announces postponement of its previously announced May 2020 Annual General Meeting ("AGM") in light of the impracticality of scheduling such a meeting given the ongoing COVID-19 pandemic. A new date for the AGM will be announced as soon as practicable.

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

NOABRGDXDXDDGGL

(END) Dow Jones Newswires

March 26, 2020 13:36 ET (17:36 GMT)

1 Year Atlas Mara Chart

1 Year Atlas Mara Chart

1 Month Atlas Mara Chart

1 Month Atlas Mara Chart
ADVFN Advertorial
Your Recent History
LSE
ATMA
Atlas Mara
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

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

P: V:gb D:20200410 04:24:45