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An update from Afarak Group Plc ( (GB:AFRK) ) is now available.
Afarak Group SE has announced a directed share issue without payment, transferring 400,000 treasury shares to CEO Guy Konsbruck as part of his remuneration package. Following this transaction, the company retains 15,641,514 treasury shares, representing approximately 5.65% of the total shares and votes, which may impact its financial strategy and stakeholder interests.
More about Afarak Group Plc
Afarak Group is a specialist alloy producer with a focus on sustainable growth. It operates a Speciality Alloys business in southern Europe and a FerroAlloys business in South Africa. The company is listed on NASDAQ Helsinki and the London Stock Exchange.
Technical Sentiment Signal: Buy
Current Market Cap: £69.31M
See more insights into AFRK stock on TipRanks’ Stock Analysis page.