AFARAK GROUP: NOTIFICATION OF MANAGERS’ TRANSACTIONS

14:00 London, 16:00 Helsinki, 5 March 2020 - Afarak Group Plc ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR)

AFARAK GROUP: NOTIFICATION OF MANAGERS’ TRANSACTIONS

Stock Exchange Release

Afarak Group has received the following notification:

Person subject to the notification:
Name: Atkey Ltd
Position: Closely associated person
(x) Legal person
(1) Person discharging managerial responsibilities in issuer
Name: Djakov, Aida
Position: Other senior position
Issuer: Afarak Group Oyj
LEI: 743700KOUL1GQQQREP40
Notification type: INITIAL NOTIFICATION
Reference number: 743700KOUL1GQQQREP40_20200305113848_2

Transaction date: 2020-03-02
Instrument type: SHARE
ISIN: FI0009800098
Nature of transaction: Disposal

Transaction Details:
(1): Volume: 20,000 Unit price: 0.39856 EUR

Aggregated transactions:
(1): Volume: 20,000 Volume weighted average price: 0.39856 EUR

Transaction date: 2020-03-03
Instrument type: SHARE
ISIN: FI0009800098
Nature of transaction: Disposal

Transaction Details:
(1): Volume: 20,000 Unit price: 0.40629 EUR

Aggregated transactions:
(1): Volume: 20,000 Volume weighted average price: 0.40629 EUR

Helsinki, March 5, 2020

AFARAK GROUP PLC

Board of Directors

For additional information, please contact:

Afarak Group Plc

Guy Konsbruck, CEO, +356 2122 1566, [email protected]

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