Last $10.40 USD
Change Today +0.01 / 0.10%
Volume 57.8K
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As of 11:35 AM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

atlas mara co-nvest ltd (ATMA) Snapshot

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01/7/14 - $12.95
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atlas mara co-nvest ltd (ATMA) Details

Atlas Mara Co Nvest Ltd is a principal investment firm specializing in potential acquisitions in the African financial sector. The firm seeks to make investments outside Africa also. Atlas Mara Co Nvest Ltd is based in Road Town, British Virgin Islands.

atlas mara co-nvest ltd (ATMA) Top Compensated Officers

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atlas mara co-nvest ltd (ATMA) Key Developments

Atlas Mara Co-Nvest Limited Appoints Arina McDonald as Chief Financial Officer and to the Executive Committee, Effective November 1, 2014

Atlas Mara Co-Nvest Limited announced the appointment of Arina McDonald as Chief Financial Officer of the Company. Ms. McDonald joins Atlas Mara from The Standard Bank Group of South Africa, where she was Head of Group Central Finance. She has been with Standard Bank since 2002 and held roles including Chief Financial Officer of Africa; Director of Group Finance Projects and a Director in Investment Banking. Prior to that she worked at Goldman Sachs and PricewaterhouseCoopers. She is qualified as a Chartered Accountant. Ms. McDonald will take over from Bradford Gibbs, who has held the role of Acting CFO. Mr. Gibbs will continue to work for Atlas Mara in a senior strategic and operational capacity, reporting to the CEO and remaining on the Executive Committee. Ms. McDonald will join the Company on 1 November 2014 and will be appointed to the Executive Committee.

Atlas Mara Reporteldy In Talks To Buy A Minority Stake In Union Bank of Nigeria

Atlas Mara Co-Nvest Limited (OTCPK:AAMA.F) is in talks to acquire a minority stake in Union Bank of Nigeria Plc (NGSE:UBN) worth $275 million, Reuters reported citing a person familiar with the matter. Atlas Mara Co-Nvest Limited has to make a decision on whether to buy the minority stake in Union Bank of Nigeria Plc by September 7, 2014. If it chooses not to buy the stake Atlas Mara Co-Nvest Limited will have to pay a break fee of $2.5 million. Atlas Mara Co-Nvest Limited and Union Bank of Nigeria Plc declined to comment.

Atlas Mara Co Nvest Limited Reports Consolidated Unaudited Earnings Results for the Period Ended June 30, 2014

Atlas Mara Co-Nvest Limited reported consolidated unaudited earnings results for the period ended June 30, 2014. For the period, the company reported total income of $2,000, net Loss attributable to ordinary shareholders of $17,266,000. Basic and fully diluted loss per share was 5 cents. Net cash used in operating activities was $295,550,000.


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