ATMA Atlas Mara Limited

TIDMATMA

RNS Number : 7899J

ATLAS Mara Limited

25 August 2021

25 August 2021

Atlas Mara Announces Completion of Sale of Banque Populaire Du Rwanda ("BPR") to KCB Group Plc

and

2020 Full Year Results Release Date

Atlas Mara Limited ("Atlas Mara" or the "Company", and including its subsidiaries, the "Group"), the sub-Saharan African financial services group, hereby provides an update on the strategic transaction for the sale of Atlas Mara's entire shares in BPR.

As announced on 26 November 2020, the Company entered into definitive agreements with KCB Group Plc ("KCB") for the sale of Atlas Mara's entire shareholding (being 62.06% of the issued share capital) in BPR (the "Transaction").

The Company is pleased to announce that having successfully secured the necessary regulatory approvals and consents, and fulfilled all other agreed closing conditions, the Transaction was completed, with KCB assuming ownership and control for the operations of BPR effective on 25 August 2021.

Additionally, Atlas Mara announces it will be releasing its Full Year 2020 results for financial year ending on 28 February 2021, on 31 August 2021.

Contact Details:

Investors

Kojo Dufu, +1 212 883 4330

Media

Apella Advisors, +44(0) 7818 036 579

Anthony Silverman

About Atlas Mara

Atlas Mara Limited (LON: ATMA) is a financial institution listed on the London Stock Exchange. For more information, visit www.atlasmara.com.

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

STRBXGDIUSDDGBU

(END) Dow Jones Newswires

August 25, 2021 09:49 ET (13:49 GMT)

Atlas Mara (LSE:ATMA)
Historical Stock Chart
From Dec 2024 to Jan 2025

Atlas Mara (LSE:ATMA)
Historical Stock Chart
From Jan 2024 to Jan 2025