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2015-01-02 08:00:00 CET 2015-01-02 08:00:27 CET REGULATED INFORMATION Afarak Group Plc - Major shareholder announcementsHOLDINGS IN COMPANY (FLAGGING NOTIFICATION IN ACCORDANCE WITH CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT)07:00 London, 09:00 Helsinki, 2 January 2015 - Afarak Group Plc, Stock Exchange Release HOLDINGS IN COMPANY (FLAGGING NOTIFICATION IN ACCORDANCE WITH CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT) Afarak Group Plc ("Afarak" or the "Company") (LSE: AFRK, NASDAQ: AFAGR) has on 30 December 2014 received a flagging notification in accordance with Chapter 9, Section 5 of the Finnish Securities Markets Act from Ms Aida Djakov regarding the shares of Afarak. As a result of a transaction that occurred between Ms Aida Djakov and her controlled corporation Atkey Limited ("Atkey") Ms Aida Djakov has personally decreased below the threshold of 5 per cent and Atkey has increased above the threshold of 25 per cent. However, the total combined ownership of Ms Aida Djakov and Atkey remains unchanged. 1. Name of the target company Afarak Group Plc 2. Basis for the flagging obligation Share Transaction 3. Date when the total number of Afarak shares increased 18 December 2014 4. Holdings prior to the transaction Number of shares % of shares Number of voting % of voting rights rights Atkey Limited 51,426,401 19.8 51,426,401 19.8 Aida Djakov 17,100,300 6.6 17,100,300 6.6 Total 68,526,701 26.4 68,526,701 26.4 5. Current holdings Number of shares % of shares Number of voting % of voting rights rights Atkey Limited 68,526,701 26.4 68,526,701 26.4 Aida Djakov 0 0 0 0 Total 68,526,701 26.4 68,526,701 26.4 6. Name and address of the shareholder Ms Aida Djakov and Atkey Limited P.O. Box 3175 Road Town Tortula British Virgin Isles AFARAK GROUP PLC Danko Koncar CEO For additional information, please contact: Afarak Group Plc Danko Koncar, CEO, +44 (0)20 7376 1175, danko.konchar@afarak.com Afarak Group is a chrome mining and minerals producer focused on delivering sustainable growth with a speciality alloys business in southern Europe and a ferro alloys business in southern Africa. The Company is listed on NASDAQ Helsinki (AFAGR) and the Main Market of the London Stock Exchange (AFRK). www.afarakgroup.com Distribution: NASDAQ Helsinki London Stock Exchange main media www.afarakgroup.com [HUG#1884075] |
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