AFARAK GROUP SE: NOTIFICATION PURSUANT TO CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT
06/10/2023 11:15
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11:15 London, 13:15 Helsinki, 6 October 2023 - Afarak Group SE ("Afarak" or
"the Company") (LSE: AFRK, NASDAQ: AFAGR)
AFARAK GROUP SE: NOTIFICATION PURSUANT TO CHAPTER 9, SECTION 10 OF THE FINNISH
SECURITIES MARKETS ACT
Stock Exchange Release
Afarak has on 6 October 2023 received a flagging notification pursuant to
Chapter 9, Section 5 and 6 of the Finnish Securities Markets Act from D&J
Foundation.
According to the flagging notification as a result of an intragroup merger in
which LNS Resources Ltd (previous direct shareholder in Afarak Group SE) has
been merged into its sister company LNS International Ltd, LNS International
Ltd is as of 3 October 2023 the direct shareholder in Afarak Group SE.
LNS International Ltd is controlled by LNS Holding Ltd. LNS Holding Ltd is
controlled by D&J Foundation.
Total positions of person subject to the notification:
% shares and voting rights % of shares and voting rights through financial instruments % of total Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached 26.47 % 26.47 % 267 041 814
Position of previous notification (if applicable)
Information on amounts regarding shareholding and voting rights following when
the threshold was crossed:
A: Shares and voting rights:
Class/type of shares Number of shares and voting rights % of shares and voting rights
Direct (SMA 9:5) Indirect (SMA 9:6 and 9:7) Direct (SMA 9:5) Indirect (SMA 9:6 and 9:7)
FI0009800098 70,695,967 26.47 %
SUBTOTAL A 70,695,967 26.47 %
Full chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held starting with the ultimate
controlling natural person or legal entity.
Name % of shares and voting rights % of shares and voting rights through financial instruments Total of both
D&J Foundation
LNS Holding Ltd
LNS International Ltd 26.47 % 26.47 %
Helsinki, October 6, 2023
AFARAK GROUP SE
Board of Directors
For additional information, please contact:
Afarak Group SE
Roman Lurf, CEO, +436641135012, Roman.Lurf@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