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Afarak Group

Latest reports

26
Feb
Operative profitability still under pressure
22
Feb
Focus on growth
22
Feb
Valuation does not fully reflect high risks

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Company post
Stock release
AFARAK GROUP PLC´S 2021 FINANCIAL REPORTING CALENDAR
7.1.
2021

08:00 London, 10:00 Helsinki, 07 January 2021 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

AFARAK GROUP PLC´S 2021 FINANCIAL REPORTING CALENDAR

Stock Exchange Release

Afarak Group Plc ("Afarak" or the "Company") will publish its financial results as follows:

- Full Year 2020 Results on Friday 26 February 2021

- Annual Report 2020 during the week commencing 29 March 2021

- Report for six months ending 30 June on Friday 20 August 2021

Stock release
CHANGES REGARDING AFARAK GROUP PLC’S TREASURY SHARES
16.12.
2020

12:15 London, 14:15 Helsinki, 16 December 2020 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

CHANGES REGARDING AFARAK GROUP PLC’S TREASURY SHARES

Stock Exchange Release

Stock release
AFARAK GROUP: NEW COMPARATIVE FINANCIAL INFORMATION FOR 2019 and H1 2020
23.11.
2020

10:00 London, 12:00 Helsinki, 23 November 2020 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

NEW COMPARATIVE FINANCIAL INFORMATION FOR 2019 and H1 2020

Stock Exchange Release

As announced on 10th September 2020, due to the loss of control and the end of the consolidation of Afarak Mogale (Pty) Ltd, Afarak Group reclassified Afarak Mogale (Pty) Ltd’s previously reported income statement figures as discontinued operations. There is no change to the previously reported balance sheet figures.

Stock release
AFARAK CHANGE IN MANAGEMENT TEAM
9.11.
2020

08:00 London, 10:00 Helsinki, 09 November 2020 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

AFARAK CHANGE IN MANAGEMENT TEAM

Stock Exchange Release

Afarak announces that Mr Melvin Grima, Chief Financial Officer, will leave the company at the end of the year. The company extends its gratitude for the excellent job performed by Mr Grima over the years and wishes him all the best for his future career.

Stock release
AFARAK GROUP: PRODUCTION REPORT Q3 2020
19.10.
2020

07:30 London, 09:30 Helsinki, 19 October 2020 - Afarak Group Plc (“Afarak” or “the Company”) (LSE: AFRK, NASDAQ: AFAGR)

Production report Q3 2020

The overall Afarak Group production during the third quarter of 2020 reduced by 60.1% when compared to same quarter of prior year.

Stock release
AFARAK GROUP RECEIVES A CLAIM
22.9.
2020

12:00 London, 14:00 Helsinki, 22 September 2020 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

AFARAK GROUP RECEIVES A CLAIM

Stock Exchange Release

It has come to the attention of Afarak Group Plc (“Company”), that Absa Bank, a South African bank (“Absa”), has brought a claim against the Company in the district court of Helsinki.

Stock release
APPROVAL OF AFARAK MOGALE (PTY) LTD BUSINESS RESCUE PLAN
18.9.
2020

19:15 London, 21:15 Helsinki, 18 September 2020 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

APPROVAL OF AFARAK MOGALE (PTY) LTD BUSINESS RESCUE PLAN

Stock Exchange Release

On Wednesday 16 September creditors of Afarak Mogale (Pty) Ltd voted unanimously in favour of the adoption of the proposed business rescue plan.

The adopted restructuring plan provides for the disposal of the assets of Afarak Mogale (Pty) Ltd and for the proceeds of such disposals to be utilised in settlement of the claims of creditors.

Stock release
AFARAK MOGALE (PTY) LTD (IN BUSINESS RESCUE) – PROPOSED BUSINESS RESCUE PLAN
10.9.
2020

09:30 London, 11:30 Helsinki, 10 September 2020 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

AFARAK MOGALE (PTY) LTD (IN BUSINESS RESCUE) – PROPOSED BUSINESS RESCUE PLAN

Stock Exchange Release

The business rescue practitioners in Afarak Mogale (Pty) Ltd (”Mogale”) circulated to all stakeholders a proposed business rescue plan prepared in terms of Section 150 of the Companies Act, and that a meeting will be held on 16 September 2020.

Stock release
AFARAK GROUP: ANOTHER FIN-FSA RELEASE IN THE MATTER AGAINST DR DANKO KONCAR
24.8.
2020

10:45 London, 12:45 Helsinki, 24 August 2020 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

ANOTHER FIN-FSA RELEASE IN THE MATTER AGAINST DR DANKO KONCAR

Stock Exchange Release

On 21 August 2020, the Financial Supervisory Authority (FIN-FSA) has published attached information. Although this is not a company matter, Afarak was requested by Fin-FSA to inform its shareholders accordingly.

Helsinki, August 24, 2020

AFARAK GROUP PLC

Board of Directors

Stock release
AFARAK GROUP: INTERIM REPORT H1 2020
21.8.
2020

08:30 London, 10:30 Helsinki, 21 August 2020 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

FINANCIAL INTERIM RELEASE H1 2020

Afarak Group

Afarak Group

Afarak is a global vertically-integrated producer of speciality alloys with operations in South Africa, Turkey, Germany, London, Helsinki and Malta. Recognised as a critical metal producer, Afarak supplies world leading companies in a broad range of industries across the globe. Afarak is listed on the NASDAQ OMX Helsinki Stock Exchange and the London Stock Exchange.