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Afarak Group

M&A Activity Jun 28, 2019

3302_rns_2019-06-28_79c4762b-0c57-4bba-b134-e5293d37af13.html

M&A Activity

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National Storage Mechanism | Additional information

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17:00 London, 19:00 Helsinki, 28 June 2019 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

SUPPLEMENT TO THE OFFER DOCUMENT BY AFARAK GROUP PLC DATED JUNE 7, 2019 REGARDING THE PUBLIC TENDER OFFER FOR OWN SHARES

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM THE UNITED STATES OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

Stock Exchange Release

Afarak Group Plc (“Afarak" or "the Company”) has supplemented the Offer Document dated June 7, 2019 regarding the acquisition of Afarak’s own shares (the “Shares”) in a voluntary public tender offer directed to all shareholders (the “Offer” or the “Tender Offer”). The Finnish Financial Supervisory Authority (“FIN-FSA”) has today approved the supplement to the Offer Document (the "Supplement Document"), which relates to i) the stock exchange release published by Afarak on June 24, 2019 concerning specifications relating to the invitation to the Annual General Meeting of Afarak Group Plc regarding the number of Board members, the Board member candidates and the remuneration of the Board members to ii) the stock exchange release published by Afarak on June 25, 2019 concerning the decisions of the Company’s Annual General Meeting and of the subsequent constitutive meeting of the Board of Directors and to iii) the stock exchange release published by Afarak on June 28, 2019 concerning the decision to extend the offer period “Offer Period”) of the Tender Offer.

A printed version of the Offer Document  together with the Supplement Document will be available in Finnish as of or starting on or approximately from 28 June 2019 onwards at UB Securities Oy, Aleksanterinkatu 21 A, 00100 Helsinki, Finland and at Nasdaq Helsinki, Fabianinkatu 14, 00100 Helsinki, Finland. An electronic version of the Offer Document together with the Supplement Document will be available in Finnish and English from 28 June 2019 onwards online at www.unitedbankers.fi/tender.

Helsinki, June 28, 2019

Afarak Group Plc

For additional information, please contact:

Guy Konsbruck, CEO, +356 2122 1566, [email protected]

Jean Paul Fabri, PR Manager, +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

Disclaimer

This announcement is neither an offer to purchase nor a solicitation of an offer to sell shares in Afarak Group Plc (the "Shares") anywhere in the world. The final terms and further provisions of the public tender offer (the "Offer") will be disclosed in the offer document approved by the Finnish Financial Supervisory Authority. Holders of the Shares are strongly recommended to read the offer document and all announcements in connection with the Offer as they contain or will contain important information.

The Offer is not being made directly or indirectly, in or into the United States or any other jurisdiction where to do so would constitute a violation of the laws of such jurisdiction. The Offer is not being made by the use of the mails or any other means or instruments of interstate or foreign commerce (inter alia, transmission by fax, telephone or internet) in or into the United States, nor by the use of any facility of a national securities exchange in the United States. Accordingly, the sending or any other distribution of this announcement or any other accompanying document in or into the United States or any other jurisdiction, where to do so would constitute a violation of the laws of such jurisdiction, is prohibited.

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