Brief: Afarak Group Terminates Share-Exchange Agreement And Resolves On Directed Share Issue

Afarak SE

29/05/2020 06:11

May 29 (Reuters) - Afarak Group Plc  AFAGR.HE :
    * AFARAK GROUP PLC HAS TERMINATED SHARE-EXCHANGE AGREEMENT
AND
RESOLVED ON A DIRECTED SHARE ISSUE
    * RESOLVED ON DIRECT SHARE ISSUE WITHOUT CONSIDERATION OF
TOTAL OF
2.1 MILLION CO'S TREASURY SHARES TO ITS SOUTH AFRICAN SUBSIDIARY
CHROMEX MINING COMPANY
    * IS NOT EXPECTING TRANSACTION TO AFFECT FINANCIAL
PERFORMANCE OF
GROUP IN 2020

Source text for Eikon:  ID:nGNE5R884Q 
Further company coverage:  AFAGR.HE 

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