AFARAK GROUP: NOTIFICATION OF MANAGERS' TRANSAC...

07:00 London, 09:00 Helsinki, 27 November 2017 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

AFARAK GROUP: NOTIFICATION OF MANAGERS' TRANSACTIONS

Afarak Group has received the following notification:

Person subject to the notification:
Name: Hoyer, Thomas
Position: Non-Executive Director
Issuer: Afarak Group Oyj
LEI: 743700KOUL1GQQQREP40

Notification type: INITIAL NOTIFICATION

Transaction date: 2017-11-21
Instrument type: SHARE
ISIN: FI0009800098
Nature of transaction: Disposal

Transaction Details:
(1): Volume: 20,500 Unit price: 0.81760 EUR

Aggregated transactions:
(1): Volume: 20,500 Volume weighted average price: 0.81760 EUR

Transaction date: 2017-11-22
Instrument type: SHARE
ISIN: FI0009800098
Nature of transaction: Disposal

Transaction Details:
(1): Volume: 35,721 Unit price: 0.81860 EUR

Aggregated transactions:
(1): Volume: 35,721 Volume weighted average price: 0.81860 EUR

Transaction date: 2017-11-23
Instrument type: SHARE
ISIN: FI0009800098
Nature of transaction: Disposal

Transaction Details:
(1): Volume: 2,035 Unit price: 0.81490 EUR

Aggregated transactions:
(1): Volume: 2,035 Volume weighted average price: 0.81490 EUR

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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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