Afarak Group — Delisting Announcement 2017

Dec 5, 2017

National Storage Mechanism | Additional information

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15:15 London, 17:15 Helsinki, 4 December 2017 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

AFARAK GROUP HAS RECEIVED A REQUEST TO PRESENT A PLAN TO DELIST FROM HELSINKI STOCK EXCHANGE

Afarak Group has received a request on the 4thDecember 2017 from Kermas Resources Ltd, representing 26.90% of shares and voting rights, to convene an extraordinary meeting of shareholders.

Kermas proposes, that the shareholders meeting would oblige the Board to present a plan and time-line for an organised delisting process from the Finnish stock exchange by the earliest practicable date.

The Board of Directors of Afarak Group will discuss the received letter of request.

AFARAK GROUP PLC

Guy Konsbruck

CEO

For additional information, please contact:

Afarak Group Plc

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

Jean Paul Fabri, PR Manager, +356 2122 1566, jp.fabri@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 Helsinki

London Stock Exchange

Main media

www.afarak.com

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*This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Afarak Group via Globenewswire*