Afarak Group SE

AFAGR

FI0009800098

Iron & Steel

Delayed Nasdaq Helsinki Other stock markets 10:45:53 2024-04-26 am EDT			5-day change	1st Jan Change
0.3545 ^EUR	+0.42%		-3.80%	-12.25%

Feb. 23	Afarak "proven right" on macro as profit and revenue down	AN
Feb. 23	Afarak Group SE Reports Earnings Results for the Full Year Ended December 31, 2023	CI

AFARAK GROUP: ELECTION OF THE MEMBERS OF THE BOARD OF DIRECTORS

February 01, 2018 at 09:35 am EST

14:00 London, 16:00 Helsinki, 1 February 2018 - Afarak Group Plc ('Afarak' or 'the Company') (LSE: AFRK, NASDAQ: AFAGR)

ELECTION OF THE MEMBERS OF THE BOARD OF DIRECTORS

At the Extraordinary General Meeting to be held on February 5, 2018 there is election of the Board as one agenda point. The Nomination and Remuneration Committee proposes to the Annual General Meeting that Dr Jelena Manojlovic, Ivan Jakovcic, Thorstein Abrahamsen and Barry Rourke will be re-elected. The Committee will be proposing Guy Konsbruck, the current CEO, to replace Thomas Hoyer who will not be seeking re-election. Shareholders Atkey Ltd and Kermas Ltd, have expressed their support to this proposal and will vote at the upcoming AGM in favour of it. These shareholders represent 53.6% of the share capital and votes of the company.

AFARAK GROUP PLC
The Board of Directors

For additional information, please contact:
Afarak Group Plc

Guy Konsbruck, CEO, +356 2122 1566, guy.konsbruck@afarak.com

Jean Paul Fabri, +356 9940 8746, 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

Afarak Group Oyj published this content on 01 February 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 01 February 2018 14:34:08 UTC.

Original documenthttp://otp.investis.com/clients/fi/afarak/omx/omx-story.aspx?cid=175&newsid=62455&culture=en-US

Public permalinkhttp://www.publicnow.com/view/3AE7C0C15FD5A340614C7C3A964B87FE0309D21A

Latest news about Afarak Group SE

Afarak "proven right" on macro as profit and revenue down	Feb. 23	AN
Afarak Group SE Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 23	CI
Afarak Group Se Appoints Christoph Kemper as Chief Technical Officer	Nov. 07	CI
Afarak Group SE Appoints Christoph Kemper as the Chief Technical Officer	Nov. 07	CI
Afarak Group SE Reports Production Results for the Third Quarter and Nine Months of 2023	Nov. 03	CI
Finland's Afarak Cancels Merger with LL-Resources; Shares Jump	23-10-12	MT
Afarak Group CEO Steps Down; Successor Appointed	23-10-12	MT
Afarak Group SE Announces CEO Changes	23-10-12	CI
Afarak Group SE cancelled the acquisition of LL-resources gmbh from LLR-Holding GmbH.	23-10-11	CI
Afarak Group SE Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-18	CI
Afarak Group Secures Regulatory Clearances for LL-Resources Deal	23-08-03	MT
Afarak Group SE Announces Competition Authorities Approval from Austrian Federal Competition Authority and German Federal Cartel Office	23-08-03	CI
Afarak appoints Roman Lurf as CEO and Kylie Gauci as CFO from July 1	23-06-21	AN
Afarak Group SE Appoints Stefano Bonati as Chief Compliance Officer and Corporate Secretary, Effective from 1 July 2023	23-06-21	CI
Afarak Group SE Appoints Kylie Gauci as group CFO, Effective from July 1, 2023	23-06-21	CI
Afarak Group SE Announces CEO Changes, Effective from July 1, 2023	23-06-21	CI
Afarak Group Signs EUR59.5 Million Merger Deal With LL Resources	23-05-12	MT
Afarak Group SE signed an agreement to acquire LL-resources gmbh from LLR-Holding GmbH for approximately EUR 59.5 million.	23-05-11	CI
Afarak 2022 profit surges as revenue doubles on higher sales	23-02-24	AN
Afarak Group SE Reports Earnings Results for the Full Year Ended December 31, 2022	23-02-24	CI
Afarak South Africa Continues Operations After Conclusion of Rescue Proceedings	23-02-23	MT
Afarak Group Plc Reports Production Results for the Third Quarter and Nine Months of 2022	22-10-31	CI
Afarak Group Plc will Change its Name to Afarak Group SE	22-09-05	CI
Afarak Group Oyj Reports Earnings Results for the Half Year Ended June 30, 2022	22-08-19	CI
Afarak Reports Fatal Accident At Turkish Mine	22-05-25	MT

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Company Profile

Afarak Group Plc, formerly Ruukki Group Oyj, is a Finland-based company active in the steel sector. The Companyâs business comprises two production divisions, FerroAlloys and Speciality Alloys, and a sales and marketing operation, RSC Limited. The FerroAlloys business consists of the Stellite mine, the alloy processing plant Mogale and the Mecklemburg development project in South Africa and the Waylox mine development project in Zimbabwe. The business produces chrome ore, Charge Chrome, Silico Manganese and Stainless Steel Alloy and exports chrome ore directly to global markets, particularly to China. The Spieciality Alloys business consists of the TMS mining and beneficiation operation in Turkey and the EWW, chromite concentrate processing plant in Germany. TMS supplies EWW with chromite concentrate which is used in Specialised Low Carbon and Ultralow Carbon Ferrochrome. Surplus chrome ore is exported from TMS mainly to China. The Company operates a number of subsidiaries worldwide.

Sector

Iron & Steel

Calendar

2024-05-30 - Annual General Meeting

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