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CHANGES REGARDING AFARAK GROUP PLC’S TREASURY SHARES

CHANGES REGARDING AFARAK GROUP PLC’S TREASURY SHARES

09:00 London, 11:00 Helsinki, 28 November 2019 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)


CHANGES REGARDING AFARAK GROUP PLC’S TREASURY SHARES


Stock Exchange Release

On 23 September, Afarak Group Plc ("Afarak" or the "Company") released information regarding share issues to certain South African suppliers.


Afarak has today executed the said share issues and total of 1,324,895 treasury shares has been transferred to subscribers.


After the execution 13,677,599 treasury shares shall remain in the possession of Afarak, representing 5,43 per cent of the total shares and votes of the Company.


Helsinki, November 28, 2019


Afarak Group Plc
Board of Directors


For additional information, please contact:
Guy Konsbruck, CEO, +356 2122 1566, [email protected]


Financial reports and other investor information are available on the Company's website: www.afarak.com.


Afarak Group is a specialist alloy producer focused on delivering sustainable growth with a Speciality Alloys business in southern Europe and a FerroAlloys business in South Africa. The Company is listed on NASDAQ Helsinki (AFAGR) and the Main Market of the London Stock Exchange (AFRK).


Distribution:

NASDAQ Helsinki
London Stock Exchange
Main media

www.afarak.com

Quick facts: Afarak Group PLC

Price: 40.5

Market: LSE
Market Cap: £96 m
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