Wellington Management now owns 10% of Atlas Mara

Atlas Mara

Atlas Mara Limited has issued a disclosure that Wellington Management Company LLP has increased its stake in the financial services group.

Wellington Management Company LLP is owned by-BNY Mellon Nominees Limited, Goldman Sachs International, Roy Nominees Limited, Vidacos Nominees Limited, State Street Nominees Limited.

Atlas Mara is a majority stake owner in Union Bank of Nigeria PLC.

According to the disclosure, Wellington Management Company now has a voting right on the board of Atlas Mara Limited.

Wellington Management Company LLP, which crossed the 10% notification threshold in its own right, is an investment management entity that manages the assets of certain funds and/or managed accounts and the assets under its management include: 6,952,805 of interests described in the disclosure

Wellington Management Company LLP is a direct controlled undertaking of Wellington Investment Advisors Holdings LLP, which, in turn, is a direct controlled undertaking of Wellington Group Holdings LLP, which, in turn, is a direct controlled undertaking of Wellington Management Group LLP.

Wellington Management Company (WMC) is a private, independent investment management company. The firm has client assets under management totalling over USD998 billion, and serves as investment advisor for over 2,150 institutional clients in over 50 countries

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