AFARAK GROUP HAS RECEIVED A REQUEST TO PRESENT ...

15:15 London, 17:15 Helsinki, 4 December 2017 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

AFARAK GROUP HAS RECEIVED A REQUEST TO PRESENT A PLAN TO DELIST FROM HELSINKI STOCK EXCHANGE

Afarak Group has received a request on the 4^thDecember 2017 from Kermas Resources Ltd, representing 26.90% of shares and voting rights, to convene an extraordinary meeting of shareholders.

Kermas proposes, that the shareholders meeting would oblige the Board to present a plan and time-line for an organised delisting process from the Finnish stock exchange by the earliest practicable date.

The Board of Directors of Afarak Group will discuss the received letter of request.

AFARAK GROUP PLC
Guy Konsbruck
CEO

For additional information, please contact:

Afarak Group Plc

Guy Konsbruck, CEO, [phone], [e-mail]
Jean Paul Fabri, PR Manager, [phone], [e-mail]

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

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Source: Afarak Group via Globenewswire