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AFRK Afarak Group Se

20.00
0.00 (0.00%)
Last Updated: 01:00:00
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 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-holdng Companies,nec 201.34M 47.72M 0.1937 1.03 49.27M

CHANGES REGARDING AFARAK GROUP PLC’S TREASURY SHARES

12/10/2021 10:29am

GlobeNewswire Inc.


Afarak (LSE:AFRK)
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CHANGES REGARDING AFARAK GROUP PLC’S TREASURY SHARES

10:30 London, 12:30 Helsinki, 12 October 2021 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

CHANGES REGARDING AFARAK GROUP PLC’S TREASURY SHARES

Stock Exchange Release

Pursuant to the share issue authorization granted by the Company's Annual General Meeting held on June 29, 2021, the Board of Directors has resolved on a directed share issue without payment. Based on the share issue 400,000 of the Company's treasury shares (“Shares”) have now been transferred to CEO Guy Konsbruck. The Shares form a part of the remuneration package under the CEO agreement.

After the execution of the share issue 5,673,991 treasury shares shall remain in the possession of Afarak, representing approximately 2.25 per cent of the total shares and votes of the Company.

Helsinki, October 12, 2021

AFARAK GROUP PLC

Board of Directors

For additional information, please contact:

Afarak Group Plc

Guy Konsbruck, CEO, +356 2122 1566, guy.konsbruck@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 HelsinkiLondon Stock ExchangeMain media

www.afarak.com

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