AFARAK GROUP COMPLETES SHARE BASED COMPENSATION
May 11 2018 - 1:00AM
07:00 London, 09:00 Helsinki, May 11, 2018 -
Afarak Group Plc ("Afarak" or "the Company")
AFARAK GROUP
COMPLETES SHARE BASED COMPENSATION
The Board of Afarak Group plc
announces that it has completed three transfers totaling 500,000
ordinary shares (the "Shares") from treasury shares to Guy
Konsbruck, CEO. The Shares are issued under the authorisation given
by the Company's Annual General Meeting in May 2017 and form a part
of the CEOs service contract.
The Board of Directors
Afarak Group
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
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
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