Afarak Group — Share Issue/Capital Change 2019

Nov 28, 2019

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

09:00 London, 11:00 Helsinki, 28 November 2019 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

CHANGES REGARDING AFARAK GROUP PLC’S TREASURY SHARES

Stock Exchange Release

On 23 September, Afarak Group Plc ("Afarak" or the "Company") released information regarding share issues to certain South African suppliers.

Afarak has today executed the said share issues and total of 1,324,895 treasury shares has been transferred to subscribers.

After the execution 13,677,599 treasury shares shall remain in the possession of Afarak, representing 5,43 per cent of the total shares and votes of the Company.

Helsinki, November 28, 2019

Afarak Group Plc

Board of Directors

For additional information, please contact:

Guy Konsbruck, CEO, +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