28 Jan 2020 13:50
CHANGES REGARDING AFARAK GROUP PLCโS TREASURY SHARES
14:00ย London, 16:00ย Helsinki,ย 28 January 2020ย -ย Afarak Group Plcย ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)
CHANGES REGARDING AFARAK GROUP PLCโS TREASURY SHARES
Stock Exchange Release
On 25 May 2019, Afarak Group Plc ("Afarak" or the "Company") released information regarding two agreements relating to acquiring additional ownership in certain South African mining assets.
Afarak has today executed the directed share issue relating to transaction and total of 115,000 treasury shares has been transferred to subscriber.
After the execution 13,562,599 treasury shares shall remain in the possession of Afarak, representing 5.38 per cent of the total shares and votes of the Company.
Helsinki, January 28, 2020
AFARAK GROUP PLC
Board of Directors
For additional information, please contact:
Afarak Group Plc
Guy Konsbruck, CEO, +356 2122 1566,ย guy.konsbruck@afarak.com
Financial reports and other investor information are available on the Company's website:ย www.afarak.com.
Afarak Groupย is a specialist alloy producer focused on delivering sustainable growth with a Speciality Alloys business in southernย Europeย and a FerroAlloys business inย South Africa. The Company is listed on NASDAQ Helsinki (AFAGR) and the Main Market of theย London Stock Exchangeย (AFRK).
Distribution: NASDAQย Helsinki London Stock Exchange Main media
www.afarak.com
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