Afarak Group Plc Afarak Group Se: Notification Pursuant To Chapter 9, Section 10 Of The Finnish Securities Markets Act
October 06 2023 - 5:15AM
UK Regulatory
TIDMAFAGR
11:15 London, 13:15 Helsinki, 6 October 2023 - Afarak Group SE
("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)
AFARAK GROUP SE: NOTIFICATION PURSUANT TO CHAPTER 9, SECTION 10
OF THE FINNISH SECURITIES MARKETS ACT
Stock Exchange Release
Afarak has on 6 October 2023 received a flagging notification
pursuant to Chapter 9, Section 5 and 6 of the Finnish Securities
Markets Act from D&J Foundation.
According to the flagging notification as a result of an
intragroup merger in which LNS Resources Ltd (previous direct
shareholder in Afarak Group SE) has been merged into its sister
company LNS International Ltd, LNS International Ltd is as of 3
October 2023 the direct shareholder in Afarak Group SE.
LNS International Ltd is controlled by LNS Holding Ltd. LNS
Holding Ltd is controlled by D&J Foundation.
Total positions of person subject to the notification:
% of shares
and voting Total number
% shares rights of shares
and through and voting
voting financial % of rights of
rights instruments total issuer
--------------------------------------------------- -------- ----------- ------- ------------
Resulting situation on the date on which threshold
was crossed or reached 26.47 % 26.47 % 267 041 814
--------------------------------------------------- -------- ----------- ------- ------------
Position of previous notification (if applicable)
--------------------------------------------------- -------- ----------- ------- ------------
Information on amounts regarding shareholding and voting rights
following when the threshold was crossed:
A: Shares and voting rights:
Number of shares
Class/type of shares and voting rights % of shares and voting rights
--------------------- ------------------------------ ------------------------------
Direct Indirect Direct Indirect
(SMA 9:5) (SMA 9:6 and 9:7) (SMA 9:5) (SMA 9:6 and 9:7)
--------------------- ---------- ------------------ ---------- ------------------
FI0009800098 70,695,967 26.47 %
--------------------- ---------- ------------------ ---------- ------------------
SUBTOTAL A 70,695,967 26.47 %
--------------------- ------------------------------ ------------------------------
Full chain of controlled undertakings through which the voting
rights and/or the financial instruments are effectively held
starting with the ultimate controlling natural person or legal
entity.
% of shares and
% of shares and voting rights through
Name voting rights financial instruments Total of both
------------------ --------------- ---------------------- -------------
D&J Foundation
------------------ --------------- ---------------------- -------------
LNS Holding Ltd
------------------ --------------- ---------------------- -------------
LNS International
Ltd 26.47 % 26.47 %
------------------ --------------- ---------------------- -------------
Helsinki, October 6, 2023
AFARAK GROUP SE
Board of Directors
For additional information, please contact:
Afarak Group SE
Roman Lurf, CEO, +436641135012, Roman.Lurf@afarak.com
https://www.globenewswire.com/Tracker?data=unJKuFTzwG4YIvJNyKSLTkNA5UXjkAKyYiR0x3Y14tmA2kEGMfO0ddOgBF258Kbk0m-9GScOxaKFWrdQBsxX86tUlc_Ldn8SkefS3RPo9LY=
Financial reports and other investor information are available
on the Company's website:
https://www.globenewswire.com/Tracker?data=RV53YXOPVt1bEEaVq_55mh63dMCzEiaAyNlLpcQIsjYfIsYXxxf_76x8YqGFsn1oFYx-krTg7yb4e80dXi7-Ug==
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=RV53YXOPVt1bEEaVq_55mjZAXRnI0iaKAPNEWa8lOLAhWYC1WHs5XpoyPsreQALS4vakXwbFpQTv8rPPimxTIA==
www.afarak.com
(END) Dow Jones Newswires
October 06, 2023 06:15 ET (10:15 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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