Business
Acquisition of Shares
Acquisition of Shares.
About this update from Livermore Investments Group Limited
[{"type":"text","content":"\n Livermore Investments Group Limited\n12 December 2007\n\n 12 December 2007\n\n\n\n LIVERMORE INVESTMENTS GROUP LIMITED ('LIVERMORE')\n\n Acquisition of Significant Share position in Atlas Estates Ltd. ('Atlas')\n\n\n\nPursuant to its announcement of 7 December 2007, Livermore today announces the\nacquisition of an additional 1.87% of the issued share capital of Atlas Estates\nLimited, by means of the purchase of 905,000 issued ordinary shares in Atlas.\nFollowing this purchase, Livermore holds 10.28% of Atlas's issued share capital.\n\n\n\nAtlas is an AIM-quoted real estate investment and development company. Atlas's\nstrategy is to build a high yielding investment portfolio and generate\nadditional capital gain through development projects, with a focus on\nresidential development. Its activities are focused in Central and Eastern\nEurope, excluding Russia and other former Soviet Union countries. Its current\nassets are located in Poland, Hungary, Slovakia and Romania. In the eleven\nmonths to 31 December 2006 Atlas made a loss before taxation of €9.1m and at 30\nJune 2007 Atlas had net assets of €253.2m.\n\n\n\nEnquiries:\n\nHudson Sandler\n\nJessica Rouleau / Fran Read\n\n020 7796 4133\n\n\n\nNumis Securities\n\nDavid Shapton\n\n020 7260 1000\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":1548,"tagName":"div"}]