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  2. Share Prices
  3. Afarak Group Plc Share Price
  4. Afarak Group Plc Share Regulatory News
  5. AFARAK GROUP SE’S DIVIDEND POLICY

Pin to quick picksAfarak Group Plc Regulatory News (AFRK)

Afarak Group Plc Information

Share Price Information for Afarak Group Plc (AFRK)

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22.40    0.00 (0.00%)
Bid:
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Spread: 0.00 (0.00%)
Market Cap: £58.55m
AFRK Live PriceLast checked at - London Stock Exchange

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AFARAK GROUP SE’S DIVIDEND POLICY

23 Dec 2024 10:15

AFARAK GROUP SE’S DIVIDEND POLICY

10:15 London, 12:15 Helsinki, 23 December 2024 - Afarak Group SE ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

AFARAK GROUP SE’S DIVIDEND POLICY

Afarak’s Board of Directors has decided on Company's dividend policy.

The dividend policy: The purpose of the dividend policy is to set the framework for the distribution of dividends by the Company to ensure an attractive and consistent return on investment for the Company’s shareholders. The Company shall distribute to its shareholders in the form of a dividend or a capital redemption all funds surplus to the operating and development needs of the Company as determined by the Board of Directors. The target dividend payout ratio in respect to each financial year shall be minimum 10% (ten percent) of the Afarak Group's EBITDA per full year. The dividend policy in its entirety is attached.

The decision on Company’s dividend policy is connected to the release to be published later today relating to Afarak’s Board of Directors’ decision to convene Company’s Extraordinary General Meeting to decide on reduction of Company’s share capital and reduction of Company’s share premium reserve.

The Extraordinary General Meeting is the first step in the process of aiming to enable the transfer of funds into Company’s unrestricted equity leading to a more flexible capital structure and thus enable more efficient use of the Company's funds.

IN HELSINKI, ON 23 DECEMBER 2024

AFARAK GROUP SEGuy KonsbruckCEO

For additional information, please contact:

Guy Konsbruck, CEO, +356 2122 1566, guy.konsbruck@afarak.com

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 HelsinkiLondon Stock ExchangeMain media

www.afarak.com

Attachment

Dividend Policy Afarak ENG
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Date   Source Headline
9th Jun 20261:10 pmGNWRESOLUTIONS OF AFARAK GROUP SE’S ANNUAL GENERAL MEETING
9th Jun 20261:10 pmBUSRESOLUTIONS OF AFARAK GROUP SE’S ANNUAL GENERAL MEETING
18th May 202610:29 amGNWNOTICE TO THE ANNUAL GENERAL MEETING
18th May 202610:29 amBUSNOTICE TO THE ANNUAL GENERAL MEETING
30th Apr 20268:32 amGNWAfarak Group: Production report Q1 2026
30th Apr 20268:32 amBUSAfarak Group: Production report Q1 2026
27th Mar 20262:30 pmGNWAFARAK GROUP SE'S PUBLISHES FINANCIAL STATEMENTS 2025
27th Mar 20262:30 pmBUSAFARAK GROUP SE'S PUBLISHES FINANCIAL STATEMENTS 2025
27th Feb 20269:00 amGNWAfarak Group: FINANCIAL STATEMENTS RELEASE 2025
24th Feb 20262:15 pmBUSPROFIT WARNING – DECREASE IN EBITDA
24th Feb 20262:15 pmGNWPROFIT WARNING – DECREASE IN EBITDA
20th Jan 202610:16 amGNWAFARAK GROUP SE: NOTIFICATION PURSUANT TO CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT
24th Dec 20259:00 amRNSAFARAK GROUP SE: DISTRIBUTION OF ASSETS FROM THE RESERVE FOR INVESTED UNRESTRICTED EQUITY
24th Dec 20259:00 amGNWAFARAK GROUP SE: DISTRIBUTION OF ASSETS FROM THE RESERVE FOR INVESTED UNRESTRICTED EQUITY
19th Dec 202512:00 pmRNSAFARAK GROUP SE´S 2026 FINANCIAL REPORTING CALENDAR
19th Dec 202512:00 pmGNWAFARAK GROUP SE´S 2026 FINANCIAL REPORTING CALENDAR
6th Nov 202510:15 amGNWANOTHER FIN-FSA RELEASE IN THE MATTER AGAINST DR DANKO KONCAR
24th Oct 20258:00 amGNWAFARAK GROUP INVESTS IN PRODUCTION OF METALLURGICAL GRADE CHROME ORE CONCENTRATE
24th Oct 20257:00 amGNWCORRECTION: AFARAK GROUP: PRODUCTION REPORT Q3 2025
23rd Oct 20258:00 amGNWAFARAK GROUP: PRODUCTION REPORT Q3 2025
15th Aug 20257:00 amGNWAFARAK GROUP: INTERIM REPORT H1 2025
27th Jun 20257:00 amGNWAFARAK GROUP SELLS ZEERUST MINE ASSETS
3rd Jun 202511:45 amGNWRESOLUTIONS OF AFARAK GROUP SE’S ANNUAL GENERAL MEETING
28th May 20253:47 pmGNWAFARAK GROUP SE: REDUCTION OF THE SHARE PREMIUM RESERVE
28th May 20253:45 pmGNWAFARAK GROUP SE: REDUCTION OF SHARE CAPITAL REGISTERED IN THE FINNISH TRADE REGISTER
14th May 202510:00 amGNWAFARAK GROUP: PRODUCTION REPORT Q1 2025
9th May 20252:22 pmGNWNOTICE TO THE ANNUAL GENERAL MEETING
31st Mar 20252:45 pmGNWCHANGES REGARDING AFARAK GROUP SE’S TREASURY SHARES
28th Mar 202512:15 pmGNWAFARAK GROUP SE PUBLISHES FINANCIAL STATEMENTS 2024
28th Feb 20259:32 amGNWAfarak Group: FINANCIAL STATEMENTS RELEASE 2024
21st Feb 20254:25 pmGNWPROFIT WARNING – DECREASE OF TURNOVER AND EBITDA
29th Jan 202510:45 amGNWRESOLUTIONS OF AFARAK GROUP SE’S EXTRAORDINARY GENERAL MEETING
23rd Dec 202411:15 amGNWNOTICE TO THE EXRTRAORDINARY GENERAL MEETING
23rd Dec 202410:15 amGNWAFARAK GROUP SE’S DIVIDEND POLICY
20th Dec 20242:00 pmGNWAFARAK GROUP SE´S 2025 FINANCIAL REPORTING CALENDAR
29th Oct 202412:30 pmGNWAfarak Group: Production Report Q3 2024
7th Oct 20243:31 pmGNWAFARAK GROUP REPORTS A FATALITY AT ZEERUST CHROME MINE
25th Sep 20243:52 pmGNWAfarak Group Reports a Fatality at Ilitha
16th Aug 202410:15 amGNWAFARAK GROUP: INTERIM REPORT H1 2024
1st Jul 20243:19 pmGNWCORRECTION: PROFIT WARNING – DECREASE OF TURNOVER AND EBITDA
1st Jul 20241:30 pmGNWPROFIT WARNING – DECREASE OF TURNOVER AND EBITDA
31st May 202412:15 pmGNWRESOLUTIONS OF AFARAK GROUP SE’S ANNUAL GENERAL MEETING
10th May 202411:26 amGNWNOTICE TO THE ANNUAL GENERAL MEETING
6th May 20243:30 pmGNWAfarak Group: Production report Q1 2024
22nd Apr 202411:30 amGNWAFARAK GROUP SE: EXTRAORDINARY GENERAL MEETING
11th Apr 20249:26 amGNWAFARAK GROUP SE PUBLISHES REMUNERATION REPORT 2023
27th Mar 20241:59 pmGNWAFARAK GROUP SE'S PUBLISHES FINANCIAL STATEMENTS 2023
25th Mar 20242:29 pmGNWINVITATION TO THE EXTRAORDINARY GENERAL MEETING
29th Feb 20249:03 amGNWAFARAK GROUP SE: NOTIFICATION PURSUANT TO CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT
29th Feb 20249:00 amGNWCHANGES REGARDING AFARAK GROUP SE’S SHARES AND TREASURY SHARES
123456

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