Mandatory Offer achieves 98.7% o'ship in BancABC

17 November 2014

Atlas Mara achieves 98.7% ownership in BancABC through its mandatory offer for remaining minority shareholders

Further to the launch of the mandatory public offer to the shareholders of ABC Holdings Limited ("BancABC") on 22 September 2014 (the "Offer"), Atlas Mara Co-Nvest Limited ("Atlas Mara" or the "Company") announces that the period for accepting the Offer expired on 7 November 2014 and that 7,040,997 shares in BancABC, which represent an additional 2.74% of BancABC's current share capital, have been tendered. 182,819 of the tendered shares were received on 14 November 2014.

Atlas Mara's total ownership of BancABC now stands at 98.7%.

Contact details

StockWell Communications, +44 (0)20 7240 2486

Anthony Silverman

Robert Morgan

Sard Verbinnen & Co, +1 (212) 687 8080

David Reno

Margaret Popper