Offer Update re Polish Disclosure
10 6월 2010 - 1:28AM
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 9 June 2010
This announcement is being made pursuant to 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 on 2 June 2010 it received a notice from Fragiolig Holdings
Limited, with its registered office in Nicosia, Cyprus ("Fragiolig") stating
that following the settlement of subscriptions placed in the course of the
offer by Fragiolig for the entire issued and to be issued share capital of the
Company (the "Offer") not already owned by Fragiolig or persons acting in
concert with it announced by Fragiolig on 25 May 2010. Fragiolig purchased
shares in the Company from the shareholders who accepted the Offer by 18 May
2010, inclusive, (the "Settlement") and exceeded 50% of the total number of the
votes in the Company.
Fragiolig and its concert parties currently hold 29,476,359 shares in the
Company, which represent 62.9% in the Company's share capital and carry
29,476,359 votes at the meeting of the shareholders of the Company, which
represents 62.9% of the total number of the votes at such meeting.
Before the Settlement Fragiolig and its concert parties held 15,413,078 shares
in the Company, which represented 32.9% in the Company's share capital and
carried 15,413,078 votes at the meeting of the shareholders of the Company,
which represented 32.9% of the total number of the votes at such meeting.
Further information, please contact:
Atlas Management Company Limited
Nahman Tsabar/ Michael Williamson Tel +44 (0) 207 245 8672
Fairfax I.S. PLC
David Floyd / Rachel Rees Tel +44 (0) 207 598 5368
Intertrust Fund Services (Guernsey) Limited
Andre Le Prevost Tel +44 (0) 1481 211000
END
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