Afarak Group Plc Afarak Group Plc Has Filed An Application For A Permission To Appeal And An Appeal To The Supreme Administra...
February 25 2021 - 8:33AM
UK Regulatory
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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