2019-06-17 14:08:06 CEST

2019-06-17 14:12:24 CEST


REGULATED INFORMATION

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

AFARAK RECEIVES DECISION FROM FIN-FSA RELATING TO DANKO KONCAR


Released: June 17, 2019

13:00 London, 15:00 Helsinki, 17 June 2019 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

AFARAK RECEIVES DECISION FROM FIN-FSA RELATING TO DANKO KONCAR

Afarak Group Plc ("Afarak" or the "Company") (LSE: AFRK, NASDAQ: AFAGR) is required by the Finnish Financial Supervision Authority ("FIN-FSA") to inform its shareholders about the attached FIN-FSA press release.


The Company has stated many times before and is reiterating again that it is not related in any form to the difference between FIN-FSA and Dr Koncar. Regardless, FIN-FSA has required the Company to publish the attached press release on Company’s website.

The Company will not comment neither on this requirement, nor on the press release itself. The Company has been informed by Dr Koncar that “This further decision is not legally binding and will be appealed by our attorneys, as has been the case with all previous decisions of the FIN-FSA in this matter.”

Helsinki, June 17, 2019
Afarak Group Plc

For additional information, please contact:
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
Appendix 1 FIN-FSA Press Release 17 June 2019
Appendix 2 FIN-FSA Decision 14 June 2019 (FIVA 4/02.05.05/2019)


Attachments