Afarak Group Plc Changes Regarding Afarak Group Se's Treasury Shares
January 22 2024 - 8:53AM
UK Regulatory
TIDMAFAGR
15:00 London, 17:00 Helsinki, 22 January 2024 - Afarak Group SE
("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)
CHANGES REGARDING AFARAK GROUP SE'S TREASURY SHARES
Stock Exchange Release
Pursuant to the share issue authorization granted by the
Company's Annual General Meeting held on June 21, 2023, the Board
of Directors has resolved on a directed share issue without
payment. Based on the share issue 500,000 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 6,041,514 treasury shares
shall remain in the possession of Afarak, representing
approximately 2.26 per cent of the total shares and votes of the
Company.
Helsinki, January 22, 2024
AFARAK GROUP SE
Board of Directors
For additional information, please contact:
Afarak Group SE
Guy Konsbruck, CEO, +356 2122 1566,
https://www.globenewswire.com/Tracker?data=LRIGd09rcnTxQ4nzLmA1BvZ_qSLwV67XztBxVM9MHUuvUtbYQRDYS64DZGB45YznTTAKRdZfr5n2yP54PAGzbEvZ_5QqgLfDlLwzK6YKAEx0kdPbCKQB0h1cmtbA3ERw
guy.konsbruck@afarak.com
Financial reports and other investor information are available
on the Company's website:
https://www.globenewswire.com/Tracker?data=bFMs7QMEjmS4mQYDYY-TrVPrVzxqZCDxQioO657AAWBmGQaG1zYjrRw0V9TlkEHyl3acFWkEJyx7_3qB6gxNDA==
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=bFMs7QMEjmS4mQYDYY-Trd-9EFpNzJ5YqmGNTr59Rng6-HEkxG-TfnmbLs3gThE4wmhxjjO8tqrO4yWQkp_Q5g==
www.afarak.com
(END) Dow Jones Newswires
January 22, 2024 09:53 ET (14:53 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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