Afarak Group Plc Afarak Group Has Received A Request To Present A Plan To Delist From Helsinki Stock Exchange
06 December 2017 - 2:25AM
UK Regulatory
TIDMAFAGR
15:15 London, 17:15 Helsinki, 4 December 2017 - Afarak Group Plc
("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)
AFARAK GROUP HAS RECEIVED A REQUEST TO PRESENT A PLAN TO DELIST FROM
HELSINKI STOCK EXCHANGE
Afarak Group has received a request on the 4(th) December 2017 from
Kermas Resources Ltd, representing 26.90% of shares and voting rights,
to convene an extraordinary meeting of shareholders.
Kermas proposes, that the shareholders meeting would oblige the Board to
present a plan and time-line for an organised delisting process from the
Finnish stock exchange by the earliest practicable date.
The Board of Directors of Afarak Group will discuss the received letter
of request.
AFARAK GROUP PLC
Guy Konsbruck
CEO
For additional information, please contact:
Afarak Group Plc
Guy Konsbruck, CEO, +356 2122 1566, guy.konsbruck@afarak.com
Jean Paul Fabri, PR Manager, +356 2122 1566, jp.fabri@afarak.com
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
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
December 05, 2017 10:25 ET (15:25 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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