AFARAK GROUP PAYS INTERIM CAPITAL REDEMPTION

07:00 London, 09:00 Helsinki, 16 August 2016 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR) INTERIM CAPITAL REDEMPTION

AFARAK GROUP PAYS INTERIM CAPITAL REDEMPTION.

The Board of Afarak Group resolved during its meeting held on 15 August 2016, that an additional capital redemption of EUR 0.01 per share will be paid, using the authorization given by the AGM held on 11 May 2016.  The payment will be made from the company's fund for invested unrestricted equity on16 September 2016.  The record date of the redemption is 17 August 2016. Shares will commence trading without the right to the capital redemption payment on 16 August 2016 in London and Helsinki.

AFARAK GROUP PLC
Alistair Ruiters
CEO

For additional information, please contact:

Afarak Group Plc
Alistair Ruiters, CEO, [phone], [e-mail]
Melvin Grima, Finance Director, [phone], [e-mail]
Jean Paul Fabri, PR & Communications Manager, [phone], [e-mail]

Financial reports and other investor information are available on the Company's website: www.afarak.com.

Afarak Group is a chrome mining and minerals 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 

INTERIM CAPITAL REDEMPTION

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX 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

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