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AFARAK GROUP SE MINUTES 1/2023 ...

NOTICE TO THE ANNUAL GENERAL MEETING Notice is given to the shareholders of Afarak Group SE of the Annual General Meeting to be held on 21 June 2023, starting at 10:30 a.m. at Union Square... | May 31, 2023

Finnish ferry-alloy producer Afarak has reached a €59.5m deal to merge with Austrian peer LL Resources (LLR).

Vertically integrated speciality alloys producer Afarak Group has signed an agreement to combine with LL Resources (LLR) for a consideration of €59.3-million. Austria-headquartered LLR is a ferro-alloy, steel products, scrap, coal, bitumen and fertiliser mining and trading company. Afarak will issue new shares to the shareholders of LLR to the value of €59.3-million, which amounts to about 140-million new Afarak shares. Following the deal, the former shareholders of LLR will hold about 35% of the total amount of shares and votes of Afarak.

09.05.2022 - 08:00 London, 10:00 Helsinki, 9 May 2022 - Afarak Group Plc (LSE: AFRK, NASDAQ: AFAGR) Notice of Afarak Group Plc's Annual General Meeting Notice is given to the shareholders of Afarak Group Plc (“Afarak”) of the Annual General Meeting to ...