Afarak Group Plc Afarak Group: Holdings In Company (FLAGGING NOTIFICATION IN ACCORDANCE WITH CHAPTER 9, SECTION 5 OF THE FINN...

 
TIDMAFAGR 
 
 
   13:30 London, 15:30 Helsinki, 22 March 2017 - Afarak Group Plc ("Afarak" 
or "the Company") (LSE: AFRK, NASDAQ: AFAGR) 
 
   HOLDINGS IN COMPANY (FLAGGING NOTIFICATION IN ACCORDANCE WITH CHAPTER 9, 
SECTION 5 OF THE FINNISH SECURITIES MARKETS ACT) 
 
   Afarak Group Plc ("Afarak" or the "Company") (LSE: AFRK, OMX: AFAGR) has 
received a flagging notification in accordance with Chapter 9, Section 5 
of the Finnish Securities Markets Act from a group of shareholders (the 
"shareholders"). 
 
   In accordance with the flagging notification, the shareholders have 
agreed to use their voting rights together in Afarak Group Plc and their 
agreement has resulted in them having their shareholding to be above the 
10% benchmark, becoming a 10.01% per cent holder of the shares and 
voting rights in Afarak.  Their total of shares and voting rights stands 
at 26,325,048. 
 
   1. Name of the target company 
 
   Afarak Group Plc 
 
   2. Basis for the flagging obligation 
 
   An agreement between shareholders to use voting rights together in the 
issuer company 
 
   3. Date of agreement 
 
   22 March 2017 
 
   4. The holding of the shareholders in Afarak is the following: 
 
 
 
 
Name of shareholder    % shares  % voting rights 
Joensuun Kauppa            4.73             4.73 
Esa Hukkanen               1.37             1.37 
Markku Kankaala            2.69             2.69 
Kari Kakkonen              0.36             0.36 
Timo Kamkaala              0.07             0.07 
Juhani Lemmetti            0.38             0.38 
Antti Kivimaa              0.12             0.12 
Juha Halttunen             0.09             0.09 
AJ Elite Value Hedge       0.10             0.10 
Veikko Karhulahti          0.09             0.09 
 
   AFARAK GROUP PLC 
 
   Guy Konsbruck, CEO 
 
   FLAGGING NOTICE 22 MARCH 2017: 
http://hugin.info/143997/R/2089768/788991.pdf 
 
   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 
 
 
  http://www.afarakgroup.com 
 

(END) Dow Jones Newswires

March 22, 2017 09:30 ET (13:30 GMT)

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