TIDMAFAGR 
 
 
   14:30 London, 16:30Helsinki, 25 February 2021 - Afarak Group Plc 
("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR) 
 
   AFARAK GROUP PLC HAS FILED AN APPLICATION FOR A PERMISSION TO APPEAL AND 
AN APPEAL TO THE SUPREME ADMINISTRATIVE COURT ON THE HELSINKI 
ADMINISTRATIVE COURT DECISION 
 
   Stock Exchange Release 
 
   On 26 January 2021 Afarak released information that Helsinki 
Administrative Court did not amend the penalty payment of EUR 1 450 000 
imposed by FIN-FSA to Afarak for failures relating to disclosure of 
inside information and maintenance of insider lists. 
 
   Afarak has today filed an application for a permission to appeal and an 
appeal to the Supreme Administrative Court on the decision of the 
Helsinki Administrative Court. 
 
   The Company will update the market in due course about the next steps in 
the process. 
 
   Helsinki, February 25, 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 
https://www.globenewswire.com/Tracker?data=bgouUwtc5DNcNAIaes93Vsuj6sy61SdR9UbKW66k10OEV1hJ5VtPJlSDVwBfREGCcJn30MZtukhGmuF8foEMbMo0rMtLhIp3M76Ou8RH0rTyr65_ixbZAeIQt2n9-ujQ 
 
 
 
 
 
 
   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

February 25, 2021 09:33 ET (14:33 GMT)

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