HOLDINGS IN COMPANY (FLAGGING NOTIFICATION IN A...

14:00 London, 16:00 Helsinki, 07 May 2019 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

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 received a flagging notification in accordance with Chapter 9, Section 5 of the Finnish Securities Markets Act from Atkey Ltd ("Atkey"), a company incorporated and existing under the laws of Malta, regarding the shares of Afarak Group Oyj.

In accordance with the flagging notification, Atkey Ltd has completed a sale of shares in Afarak Group and the transaction has resulted in Atkey decreasing its shareholding in the Company to under 25 per cent and becoming a 23.62% 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
Sale of shares

3. Date when the holdings have changed
29 April 2019

4. As a result of the transaction, the holding of Atkey in Afarak is the following:

Number of shares	% of shares	Number of voting rights	% of voting rights
62,126,701	23.62%	62,126,701	23.62%

5. Name and address of the shareholder
Atkey Ltd
Ground Floor,
Europa Centre,
St. Anne Street,

Floriana, FRN 9011 
MALTA

AFARAK GROUP PLC
Guy Konsbruck
CEO

For additional information, please contact:
Jean Paul Fabri, [phone], [e-mail]

Afarak Group Plc
Afarak Group plc (LSE: AFRK, NASDAQ: AFAGR), is a vertically-integrated global producer of speciality alloys with operations in South Africa, Turkey and Germany.

www.afarakgroup.com

Distribution:
NASDAQ OMX Helsinki
London Stock Exchange
main media
www.afarakgroup.com