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Afarak Group Board/Management Information 2018

Jul 31, 2018

3302_rns_2018-07-31_48320079-4fce-423d-8300-17b10a649449.html

Board/Management Information

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IVAN JAKOVCIC RESIGNS FROM THE BOARD OF DIRECTORS

IVAN JAKOVCIC RESIGNS FROM THE BOARD OF DIRECTORS

07:15 London, 08:15 Helsinki, July 31, 2018 - Afarak Group Plc ("Afarak" or "the Company")

IVAN JAKOVCIC RESIGNS FROM THE BOARD OF DIRECTORS

Mr Ivan Jakovcic has submitted his resignation from the Board of Directors.

On behalf of the Company, the Board of Directors would like to than Mr Jakovcic for his service and valuable contribution to the Company of the years. Mr Jakovcic was appointed to the Board of Afarak on 11 February 2013 and served as Chairman of the Board between May 2016 and May 2017.

Whilst thanking Mr Jakovcic for his service to the Company, the Board of Directors wishes Mr Jakovcic further successes in his future endeavours.

The Board of Directors

Afarak Group plc

For additional information, please contact:

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

Jean Paul Fabri, +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