AFARAK GROUP: NOTIFICATION OF MANAGERS’ TRANSACTIONS

2 May 2019 13:23

13:30 London, 15:30 Helsinki, 02 May 2019 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

AFARAK GROUP: NOTIFICATION OF MANAGERS’ TRANSACTIONS

Afarak Group has received the following notification:

Person subject to the notification:Name: Djakov, AidaPosition: Other senior position Issuer: Afarak Group OyjLEI: 743700KOUL1GQQQREP40

Notification type: INITIAL NOTIFICATIONReference number: 743700KOUL1GQQQREP40_20190502134611_2

Transaction date: 2019-04-29Instrument type: SHAREISIN: FI0009800098Nature of transaction: Disposal

Transaction Details:(1): Volume: 8,000,000 Unit price: 0.85000 EUR

Aggregated transactions:(1): Volume: 8,000,000 Volume weighted average price: 0.85000 EUR

AFARAK GROUP PLCGuy KonsbruckCEO

For additional information, please contact:

Afarak Group Plc

Guy Konsbruck, CEO, +356 2122 1566, guy.konsbruck@afarak.comJean Paul Fabri, +356 2122 1566, jp.fabri@afarak.com

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

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

Distribution:NASDAQ HelsinkiLondon Stock ExchangeMain media

www.afarak.com