ATLS Atlas Est.

 

TIDMATLS 
 
RNS Number : 7948R 
Atlas Estates Ltd 
27 August 2010 
 

                              Atlas Estates Limited 
 
Current Report No. 26/2010 dated 27 August 2010 - change in significant 
shareholding 
 
 
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. 
 
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 3,1444,608 shares of the Company, representing 6.72% in the 
Company's share capital (excluding any of its own shares held by the 
Company) and entitling the holder to 3,1444,608 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). 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 HOLPGUAARUPUGCM 
 

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