Correction to Holding(s) in Company
September 02 2010 - 4:23AM
UK Regulatory
TIDMATLS
ATLAS ESTATES LIMITED
(Registered in Guernsey - Number 44284)
Registered Office:
Martello Court, Admiral Park, St Peter Port, Guernsey, GY1 3HB
TELEPHONE: +44 1481 211000
FACSIMILE: +44 1481 211001
e-mail: fundcosec@intertrustgroup.com
For immediate release
2 September 2010
Correction to Holdings in Company
This announcement is being made pursuant to Article 70 section 1 of the Polish
Act on Public Offering, the Conditions Governing the Introduction of Financial
Instruments to Organized Trading, and Public Companies of 29 July 2005.
The board of directors of Atlas Estates Limited (the "Company") hereby
announces that in report No. 26/2010 dated 27 August 2010 a clerical error
occurred regarding the number of shares held by RP Partners Fund along with RP
Explorer Master Fund as a concert party (the "Funds").
The report stated: "The Funds currently hold 3,1444,608 shares of the Company,
. . . entitling the holder to 3,1444,608 votes. . ."
It should state: The Funds currently hold 3,144,608 shares of the Company, . .
. entitling the holder to 3,144,608 votes. . ."
The following is the correct full version of the current report 26/2010 dated
27 August 2010
In reference to current report No. 24/2010 dated 25 August 2010, the board of
directors of Atlas Estates Limited (the "Company") hereby announces that on 27
August 2010 it received a supplementary notice from RP Partners Fund ("RP
Partners") advising it that as a result of the disposal on 23 August 2010 (the
"Disposal") of shares in the Company, RP Parters' share in the total number of
the votes in the Company decreased below the threshold of 10% (the "Information
").
According to the Information, immediately prior to the Disposal RP Partners
along with RP Explorer Master Fund as a concert party ("RP Explorer" and
together, the "Funds") held 11.88% (RP Partners held 10.32% of the shares in
the Company and RP Explorer held 1.56% of the shares in the Company). The Funds
currently hold 3,144,608 shares of the Company, representing 6.72% in the
Company's share capital (except for own shares held by the Company) and
entitling the holder to 3,144,608 votes at the meeting of the shareholders of
the Company, which represents 6.72% of the total number of the votes at such
meeting.
According to the Information the RP Partners and/or RP Explorer, may, depending
on circumstances existing from time to time, further increase of decrease its/
their share in the total vote at the meeting of the shareholders of the Company
within 12 months after the date of the Information and neither RP Partners nor
RP Explorer have any subsidiaries holding shares in the Company.
Legal basis: Art. 70 section 1 of the Polish Act on Public Offering, the
Conditions Governing the Introduction of Financial Instruments to Organized
Trading, and Public Companies of 29 July 2005 (amended and restated: Journal of
Laws of 2009, No. 185, item 1439).
- end -
Further information, please contact:
Atlas Management Company Limited Tel + 48 (0) 22 208 07 00
Reuven Havar
Fairfax I.S. PLC Tel +44 (0) 207 598 5368
David Floyd / Rachel Rees
Intertrust Fund Services (Guernsey) Limited Tel +44 (0) 1481 211000
Andre Le Prevost
END
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