Afarak Group Plc Afarak Group: Holdings In Company (FLAGGING NOTIFICATION IN ACCORDANCE WITH CHAPTER 9, SECTION 5 OF THE FINN...
23 March 2017 - 12:30AM
UK Regulatory
TIDMAFAGR
13:30 London, 15:30 Helsinki, 22 March 2017 - Afarak Group Plc ("Afarak"
or "the Company") (LSE: AFRK, NASDAQ: AFAGR)
HOLDINGS IN COMPANY (FLAGGING NOTIFICATION IN ACCORDANCE WITH CHAPTER 9,
SECTION 5 OF THE FINNISH SECURITIES MARKETS ACT)
Afarak Group Plc ("Afarak" or the "Company") (LSE: AFRK, OMX: AFAGR) has
received a flagging notification in accordance with Chapter 9, Section 5
of the Finnish Securities Markets Act from a group of shareholders (the
"shareholders").
In accordance with the flagging notification, the shareholders have
agreed to use their voting rights together in Afarak Group Plc and their
agreement has resulted in them having their shareholding to be above the
10% benchmark, becoming a 10.01% per cent holder of the shares and
voting rights in Afarak. Their total of shares and voting rights stands
at 26,325,048.
1. Name of the target company
Afarak Group Plc
2. Basis for the flagging obligation
An agreement between shareholders to use voting rights together in the
issuer company
3. Date of agreement
22 March 2017
4. The holding of the shareholders in Afarak is the following:
Name of shareholder % shares % voting rights
Joensuun Kauppa 4.73 4.73
Esa Hukkanen 1.37 1.37
Markku Kankaala 2.69 2.69
Kari Kakkonen 0.36 0.36
Timo Kamkaala 0.07 0.07
Juhani Lemmetti 0.38 0.38
Antti Kivimaa 0.12 0.12
Juha Halttunen 0.09 0.09
AJ Elite Value Hedge 0.10 0.10
Veikko Karhulahti 0.09 0.09
AFARAK GROUP PLC
Guy Konsbruck, CEO
FLAGGING NOTICE 22 MARCH 2017:
http://hugin.info/143997/R/2089768/788991.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Afarak Group via Globenewswire
http://www.afarakgroup.com
(END) Dow Jones Newswires
March 22, 2017 09:30 ET (13:30 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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