TIDMAFAGR 
 
 
   08:00 London, 10:00 Helsinki, 09 November 2020 - Afarak Group Plc 
("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR) 
 
   AFARAK CHANGE IN MANAGEMENT TEAM 
 
   Stock Exchange Release 
 
   Afarak announces that Mr Melvin Grima, Chief Financial Officer, will 
leave the company at the end of the year. The company extends its 
gratitude for the excellent job performed by Mr Grima over the years and 
wishes him all the best for his future career. 
 
   With the current environment, the CFO function will not be replaced, and 
the responsibility will be entrusted to the CEO with the support of the 
current Finance team. In this respect the Company has appointed Ms Kylie 
Gauci, the Group's Finance Controller, as Group Finance Manager. Ms 
Gauci, a Maltese national and resident has been with the Company since 
2014 and has occupied senior positions within the finance function. 
 
   Afarak's CEO, Guy Konsbruck, said that "Kylie Gauci has been with the 
Company for a number of years. Her experience and excellent performance 
made it easy for me to entrust her with the finance manager position." 
 
   Guy Konsbruck 
 
   CEO 
 
   For additional information, please contact: 
 
   Guy Konsbruck, CEO, +356 2122 1566, guy.konsbruck@afarak.com 
https://www.globenewswire.com/Tracker?data=hZB7Om6JqPmQ8kwW7ir3a8UmroQkKrYLMgL-Qjh-tXmLY4nVnjL3HPUxvyS1F4uj3Xw4ZTNYnzNzrC4jnzHzYvBvnyMpOn8ENwZZFXu8ALlL9ViiZ-F40bWGvfsdd0rPJvvEwThOuuKvuvxrgdfbRXgxmxehrjFdripoTo_2gw04dmTI6xHk9DVRXqYnhU6b39q330Z8HsxFRS2amwdETnSM9UBNvi-w8qQhX8fezPhP7OHj7fr0HVGmRfsJF85SsD3CafZYih0qhZrRkHYGNA== 
 
 
 
 
 
 
   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 
 
 
 
 

(END) Dow Jones Newswires

November 09, 2020 03:02 ET (08:02 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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