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AFRK Afarak Group Se

20.00
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Afarak Group Se LSE:AFRK London Ordinary Share FI0009800098 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 20.00 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-holdng Companies,nec 201.34M 47.72M 0.1937 1.03 49.27M

Afarak Group Plc Invitation To The Extraordinary General Meeting

05/12/2017 3:54pm

UK Regulatory


 
TIDMAFAGR 
 
 
   16:00 London, 18:00 Helsinki, 4 December 2017 - Afarak Group Plc 
("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR) 
 
   INVITATION TO THE EXTRAORDINARY GENERAL MEETING 
 
   Afarak Group Plc invites shareholders to the Extraordinary General 
Meeting to be held on 5 February 2018, starting at 2:00 p.m. (Finnish 
time) at Union Square Auditorium (Floor K1) Unioninkatu 22, 00130 
Helsinki, Finland. 
 
   Registration begins at 1:30 p.m. 
 
   A. MATTERS ON THE AGENDA OF THE EXTRAORDINARY GENERAL MEETING: 
 
 
   1. Opening 
 
   2. Election of the Chairman and of the Secretary 
 
   3. Approval of the Agenda 
 
   4. Election of the scrutinizer of the minutes and vote counting supervisor 
 
   5. Recording the legality and quorum of the meeting 
 
   6. Adoption of voting lists 
 
 
   1. Review by the CEO 
 
 
   1. Delisting from the Helsinki Stock Exchange (Nasdaq Helsinki) 
 
 
   The General Meeting will address the proposal of the shareholder Kermas 
Limited that the Board of Directors would be requested by the earliest 
practicable date to present a plan and a time line for an organised 
process for Company's delisting from the Helsinki Stock Exchange (Nasdaq 
Helsinki). 
 
 
   1. Demand for conducting a special audit in the Company 
 
 
   The General Meeting will address the demand for conducting a special 
audit in the Company on the grounds of the request of a group of 
shareholders, representing 10.86% of shares and voting rights *) 
pursuant to Chapter 5, Section 4 of the Companies Act to convene a 
General Meeting. 
 
 
   1. Dismissal of the Board of Directors 
 
 
   The General Meeting will address the Dismissal of the Board of Directors 
on the grounds of the request of a group of shareholders, representing 
10.86% of shares and voting rights pursuant to Chapter 5, Section 4 of 
the Companies Act to convene a General Meeting. 
 
   The opinion of the Board of Directors is that there is no need to 
address this matter in the General Meeting, due to the fact that all 
members of the Board of Directors shall resign on 5 February 2018. 
 
 
   1. Election of a new Board of Directors 
 
 
   Thomas Hoyer, a current Board member, has informed the Company that he 
will not stand for re-election. 
 
 
   1. Closing of the Meeting 
 
   *)    a group of shareholders, representing 10.86% of shares and voting 
rights: 
 
   Joensuun Kauppa ja Kone Oy, Markku Kankaala, Esa Hukkanen, Petri Suokas, 
Tomi Hyttinen, Taloustieto Incrementum Ky, Juhani Lemmetti, Kari 
Kakkonen, Antti Kivimaa, AJ Elite Value Hedge Fund, Aarne Simula and 
Timo Kankaala. 
 
   The proposals of the above mentioned group of shareholders, representing 
10.86% of shares and voting rights, relating to the agenda of the 
General Meeting are attached as Appendix A in this invitation in their 
entirety. 
 
   B. DOCUMENTS OF THE GENERAL MEETING 
 
   Documents to be kept on view in accordance with the Finnish Companies 
Act are available for the shareholders' inspection no later than a week 
before the Annual General Meeting at the Company's headquarters at the 
address Unioninkatu 20-22, 00130 Helsinki, Finland.  In addition, the 
documents will be available no later than 21 days before the Annual 
General Meeting on the Company's website at the address www.afarak.com. 
Copies of these documents will be sent to the shareholders on request. 
 
   The minutes of the Meeting will be available on the above mentioned 
website at the latest from 19 February 2018. 
 
 
 
   C. INSTRUCTIONS FOR THE PARTICIPANTS IN THE EXTRAORDINARY GENERAL 
MEETING 
 
   1        Right to attend 
 
   A shareholder who no later than on 23 January 2018 is registered as the 
Company's shareholder in a shareholder register held by Euroclear 
Finland Ltd has the right to participate in the Extraordinary General 
Meeting. A shareholder whose shares are registered on his/her personal 
Finnish book-entry account is registered in the Company's shareholder 
register. 
 
   2        Notice to attend 
 
   A shareholder wishing to attend the Extraordinary General Meeting shall 
give notice to attend the meeting to the Company no later than by 4:00 
p.m.Helsinki time on 31 January 2018, either: 
 
 
   -- by letter to Afarak Group Plc, Unioninkatu 20-22, 00130 Helsinki, 
      Finland; 
 
   -- by e-mail to ilmo@afarak.com; or 
 
   -- by fax to +358 10 440 7001. 
 
   The notice shall be at the Company before the deadline of the notice to 
attend. 
 
   In addition to his/her name, a shareholder is also requested to inform 
the Company of his/her identity number or business ID, address, phone 
number and the name of a possible representative. The personal data of 
shareholders shall be used only for purposes related to the general 
meeting and necessary registration related thereto. 
 
   Shareholders attending the general meeting have a right to request 
information concerning matters which are dealt with by the meeting as 
stated in the Finnish Companies Act, chapter 5, section 25. 
 
   3        Using representative and proxies 
 
   A shareholder has a right to attend the meeting and use his rights via a 
representative. A proxy representative must present a dated proxy or 
must otherwise, in a reliable way, prove that he/she has a right to 
represent a shareholder. The Company does not have a proxy template 
available for shareholders. If a shareholder participates in the 
Extraordinary General Meeting by means of several proxy representatives 
representing the shareholder with shares on different securities 
accounts, the shares by which each proxy representative represents the 
shareholder shall be identified in connection with the registration. 
 
   Proxy documents should be delivered (as originals) together with the 
notice to attend to: Afarak Group Plc, Unioninkatu 20-22, 00130 Helsinki, 
Finland no later than 4:00 p.m. on 31 January 2018. 
 
   4        Holders of nominee registered shares 
 
   A holder of nominee registered shares is advised to request in good time 
in advance necessary instructions regarding the registration in the 
Company's shareholder register, issuing of proxy documents and 
registration for the Annual General Meeting from his/her custodian bank. 
The account management organisation of the custodian bank will register 
a holder of nominee registered shares, who wants to participate in the 
Annual General Meeting, to be entered into the Company's temporary 
shareholder register no later than 10:00 a.m. on 31 January 2018. 
 
   5        Other instructions and information 
 
   Afarak Group Plc has at the date of invitation, 5 December 2017, in 
total 263,040,695 shares in issue and of which 263,040,695 have voting 
rights. The company holds in total 3,409,717 shares in treasury. 
 
   IN HELSINKI, ON 5 December 2017. 
 
 
 
   AFARAK GROUP PLC 
 
 
 
   BOARD OF DIRECTORS 
 
 
 
   WWW.AFARAK.COM http://WWW.AFARAK.COM 
 
   For additional information, please contact: 
 
   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 
 
   Afarak_EGM_Appendix A: http://hugin.info/143997/R/2154154/827522.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

December 05, 2017 10:54 ET (15:54 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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