|
|||
2014-07-25 14:30:00 CEST 2014-07-25 14:30:27 CEST SÄÄNNELTY TIETO Afarak Group Plc - Major shareholder announcementsHOLDINGS IN COMPANY (FLAGGING NOTIFICATION IN ACCORDANCE WITH CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT)13:30 London, 15:30 Helsinki, 25 July 2014 - 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, OMX: AFAGR) has on 25 July 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 the increase in the total number of shares in Afarak, due to the directed share issue, announced on 18 July, the ownership percentage of Atkey Limited ("Atkey"), a controlled corporation of Ms Djakov, has decreased below 20 per cent. According to the flagging notification, Atkey currently holds 19.81 per cent of the shares and voting rights in Afarak. 1. Name of the target company Afarak Group Plc 2. Basis for the flagging obligation Increase in the total number of shares of Afarak due to a directed share issue 3. Date when the total number of Afarak shares increased 24 July 2014 4. Holdings prior to the directed share issue Number of shares % of shares Number of voting % of voting rights rights Atkey Limited 51,426,401 20.70 51,426,401 20.70 Aida Djakov 17,100,300 6.88 17,100,300 6.88 Total 68,526,701 27.58 68,526,701 27.58 5. Current holdings Number of shares % of shares Number of voting % of voting rights rights Atkey Limited 51,426,401 19.81 51,426,401 19.81 Aida Djakov 17,100,300 6.58 17,100,300 6.58 Total 68,526,701 26.4 68,526,701 26.4 6. Name and address of the shareholder 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 Investec Bank Plc Jeremy Wrathall, +44 (0)20 7597 5970 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 OMX Helsinki (AFAGR) and the Main Market of the London Stock Exchange (AFRK). www.afarakgroup.com Distribution: NASDAQ OMX Helsinki London Stock Exchange main media www.afarakgroup.com [HUG#1838592] |
|||
|