11:15 London, 13:15 Helsinki, 6 October 2023 – Afarak Group SE (“Afarak” or “the Firm”) (LSE: AFRK, NASDAQ: AFAGR)
AFARAK GROUP SE: NOTIFICATION PURSUANT TO CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT
Inventory Change Launch
Afarak has on 6 October 2023 obtained a flagging notification pursuant to Chapter 9, Part 5 and 6 of the Finnish Securities Markets Act from D&J Basis.
In accordance with the flagging notification on account of an intragroup merger wherein LNS Sources Ltd (earlier direct shareholder in Afarak Group SE) has been merged into its sister firm LNS Worldwide Ltd, LNS Worldwide Ltd is as of three October 2023 the direct shareholder in Afarak Group SE.
LNS Worldwide Ltd is managed by LNS Holding Ltd. LNS Holding Ltd is managed by D&J Basis.
Whole positions of particular person topic to the notification:
|% shares and voting rights||% of shares and voting rights by means of monetary devices||% of complete||Whole variety of shares and voting rights of issuer|
|Ensuing state of affairs on the date on which threshold was crossed or reached||26.47 %||26.47 %||
267 041 814
|Place of earlier notification (if relevant)|
Info on quantities relating to shareholding and voting rights following when the brink was crossed:
A: Shares and voting rights:
|Class/sort of shares
|Variety of shares
and voting rights
|% of shares and voting rights|
(SMA 9:6 and 9:7)
(SMA 9:6 and 9:7)
|SUBTOTAL A||70,695,967||26.47 %|
Full chain of managed undertakings by means of which the voting rights and/or the monetary devices are successfully held beginning with the last word controlling pure particular person or authorized entity.
|Title||% of shares and voting rights||% of shares and voting rights by means of monetary devices||Whole of each|
|LNS Holding Ltd|
|LNS Worldwide Ltd||26.47 %||26.47 %|
Helsinki, October 6, 2023
AFARAK GROUP SE
Board of Administrators
For added data, please contact:
Afarak Group SE
Roman Lurf, CEO, +436641135012, Roman.Lurf@afarak.com
Monetary experiences and different investor data can be found on the Firm’s web site: www.afarak.com.
Afarak Group is a specialist alloy producer targeted on delivering sustainable development with a Speciality Alloys enterprise in southern Europe and a FerroAlloys enterprise in South Africa. The Firm is listed on NASDAQ Helsinki (AFAGR) and the Predominant Market of the London Inventory Change (AFRK).
London Inventory Change