Afarak Group Plc Changes Regarding Afarak Group Plc's Treasury Shares
March 23 2021 - 4:56AM
UK Regulatory
TIDMAFAGR
09:45 London, 11:45 Helsinki, 23 March 2021 - Afarak Group Plc ("Afarak"
or "the Company") (LSE: AFRK, NASDAQ: AFAGR)
CHANGES REGARDING AFARAK GROUP PLC'S TREASURY SHARES
Stock Exchange Release
On 29 May 2020 and on 12 March 2021, Afarak Group Plc ("Afarak" or the
"Company") released information regarding directed share issues without
consideration relating to acquiring additional ownership in certain
South African mining assets.
Afarak has today executed the directed share issues relating to
transaction and total of 7,088,608 treasury shares have been transferred
in such a way that the shares are not anymore held by the Company or by
its subsidiary.
After the execution, 6,073,991 treasury shares shall remain in the
possession of Afarak, representing approximately 2.41 per cent of the
total shares and votes of the Company.
Helsinki, March 23, 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=75hSFEFvfVrWInZBr1v3kzWYRzebAYwnaAJf8uauDTuY4u8_Q-ezkkW_zhnYkJi4PQTAMu5yKwHiAR0CNy1xZskq3pCkqhQFvbBKtEhnAaVxWOmlulu6zbNrrBKidGDF
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
March 23, 2021 05:56 ET (09:56 GMT)
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