2017-03-17 11:00:33 CET

2017-03-17 11:00:33 CET


REGULATED INFORMATION

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Afarak Group Plc - Other information disclosed according to the rules of the Exchange

AFARAK GROUP: (FLAGGING NOTIFICATION IN ACCORDANCE WITH CHAPTER 9, SECTION 5 OF THE FINNISH SECURITIES MARKETS ACT


10:00 London, 12:00 Helsinki, 17 March 2017 - Afarak Group Plc ("Afarak" or "the
Company") (LSE: AFRK, NASDAQ: AFAGR)

  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 shareholders Joensuun Kauppa ja Kone Oy and
Esa Hukkanen (the "shareholders").
In  accordance with the  flagging notification, the  shareholders have agreed to
use  their voting  rights togetherin  Afarak Group  Plc and  their agreement has
resulted  in them having their shareholding  to be above 5% becoming a 6.05% per
cent holder of the shares and voting rights in Afarak.
1. Name of the target company
Afarak Group Plc
2. Basis for the flagging obligation
An  agreement  between  two  shareholders  to  use voting rights together in the
issuer company
3. Date of agreement
14 March 2017
4. The holding of the shareholders in Afarak is the following:
--------------------+----------------+--------+-----------------+--------------
 Name of shareholder|Number of shares|% shares|Number  of voting|%       voting
                    |                |        |rights           |rights
--------------------+----------------+--------+-----------------+--------------
 Joensuun Kauppa    |        12322240|    4.68|         12322240|          4.68
--------------------+----------------+--------+-----------------+--------------
 Esa Hukkanen       |         3602905|    1.37|          3602905|          1.37
--------------------+----------------+--------+-----------------+--------------
5. Name and addresses of the shareholders
 Joensuun Kauppa    Esa Hukkanen
 Raatekankaantie 4, Kansankatu 46 A 21, 90100 Oulu
 80100 Joensuu      Finland
 Finalnd



AFARAK GROUP PLC
Guy Konsbruck
CEO

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