Afarak Group Plc Changes Regarding Afarak Group Plc's Treasury Shares
October 12 2021 - 4:29AM
UK Regulatory
TIDMAFAGR
10:30 London, 12:30 Helsinki, 12 October 2021 - Afarak Group Plc
("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)
CHANGES REGARDING AFARAK GROUP PLC'S TREASURY SHARES
Stock Exchange Release
Pursuant to the share issue authorization granted by the
Company's Annual General Meeting held on June 29, 2021, the Board
of Directors has resolved on a directed share issue without
payment. Based on the share issue 400,000 of the Company's treasury
shares ("Shares") have now been transferred to CEO Guy Konsbruck.
The Shares form a part of the remuneration package under the CEO
agreement.
After the execution of the share issue 5,673,991 treasury shares
shall remain in the possession of Afarak, representing
approximately 2.25 per cent of the total shares and votes of the
Company.
Helsinki, October 12, 2021
AFARAK GROUP PLC
Board of Directors
For additional information, please contact:
Afarak Group Plc
Guy Konsbruck, CEO, +356 2122 1566,
https://www.globenewswire.com/Tracker?data=IODIZ2GxvjNIKOofBVlY2wMS_fEhH9TI5pJJ7PkNX89Vq4gzGap4SpZuK6GBicDFVy8aZkdvtMNSvhJltS9Wucdcrp3rmn-JtBHBD3L4O6ct4aWA8uNomgPmcmndZr_o
guy.konsbruck@afarak.com
Financial reports and other investor information are available
on the Company's website:
https://www.globenewswire.com/Tracker?data=3bCuxOZkoB8IuSziw8ZmZvKllX1JBag9ICIa5WEmhRFdzVwOSZQhN7n2iHWj8z0l-9bHCZwI7K8_5U60u-2Szw==
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
https://www.globenewswire.com/Tracker?data=3bCuxOZkoB8IuSziw8ZmZs7oa50ZbSMClQGlC4wqjaxS9ECWNBhdGUm5-WafTZDgONy9TYvp9dMoj3Jp3tBKLw==
www.afarak.com
(END) Dow Jones Newswires
October 12, 2021 05:29 ET (09:29 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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