TIDMAFAGR 
 
 
   10:00 London, 12:00 Helsinki, 23 November 2020 - Afarak Group Plc 
("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR) 
 
   NEW COMPARATIVE FINANCIAL INFORMATION FOR 2019 and H1 2020 
 
   Stock Exchange Release 
 
   As announced on 10th September 2020, due to the loss of control and the 
end of the consolidation of Afarak Mogale (Pty) Ltd, Afarak Group 
reclassified Afarak Mogale (Pty) Ltd's previously reported income 
statement figures as discontinued operations. There is no change to the 
previously reported balance sheet figures. 
 
   The restated consolidated income statement as well as segment 
information for the financial year 2019, Q1-Q4 2019 and H1 2020 interim 
periods are summarised in the attached file. Restatements for earlier 
periods have not been made. 
 
   Helsinki, November 23, 2020 
 
   AFARAK GROUP PLC 
 
   Board of Directors 
 
   For additional information, please contact: 
 
   Afarak Group Plc 
 
   Guy Konsbruck, CEO, +356 2122 1566, guy.konsbruck@afarak.com 
https://www.globenewswire.com/Tracker?data=NwiUnpE1FmswOfxImTEVEJIfpD694TPCU8s6LTy7oIVNoQwd23UhDhS-5LVMZZt8eL18dCrYmHr1wuadaxBOZxkq08q7ze1UCl_bt8R8XZ-40mGn_K24duq7hka3IoUN 
 
 
   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 
 
   Attachment 
 
 
   -- Afarak Group restated figures (2) v1 
      https://ml-eu.globenewswire.com/Resource/Download/c8c5027b-f131-49e9-9669-35fa34e4d05a 
 
 
 
 
 
 
 

(END) Dow Jones Newswires

November 23, 2020 04:58 ET (09:58 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
Afarak (LSE:AFRK)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Afarak Charts.
Afarak (LSE:AFRK)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Afarak Charts.