21:50 London, 23:50 Helsinki, 31 March 2016 - Afarak Group Plc ("Afarak" or "the
Company") (LSE: AFRK, OMX: AFAGR) Annual Financial Report
AFARAK GROUP PLC'S PUBLISHES FINANCIAL STATEMENTS AND ANNUAL REPORT FOR 1
JANUARY - 31 DECEMBER 2015
Afarak Group plc ("Afarak" or the "Company") (LSE: AFRK, NASDAQ: AFAGR)
announces that it has published today its Annual Report for the year ended 31
December 2015 which is available from the Company's website www.afarak.com.
Included in the Annual Report is an updated Resources and Reserves Statement for
the Company's mining assets in South Africa following activities over the course
of 2015.
Commenting on the Annual Report, Dr Alistair Ruiters, CEO of Afarak, said that
"2015 was a transformational year for Afarak. Against a difficult external
environment, Afarak delivered a turnaround with significant operational and
financial improvements. Our efforts to focus on specialized products and our
ability to offer unique speciality alloys to each and every customer has
provided us with added resilience."
A copy of the Annual Report 2015 has been submitted to the UK's National Storage
Mechanism and will shortly be available for inspection at
www.hemscott.com/nsm.do.
For additional information, please contact:
Afarak Group Plc
Jean Paul Fabri, PR & Communications Manager, +356 2122 1566,
jp.fabri@afarak.com
Alistair Ruiters, CEO, +358 50 372 1130, alistair.ruiters@afarak.com
Melvin Grima, Finance Director, +356 2122 1566, melvin.grima@afarak.com
Financial reports and other investor information are available on the Company's
website: www.afarak.com.
About Afarak
Afarak is a vertically-integrated specialist alloys company. Throughout its
various operations in South Africa, Turkey and Germany, Afarak extracts,
processes, markets and trades its specialised metals. Trusted by a highly
diversified customer base that includes industry leaders from the aviation,
nuclear, oil & gas and automotive sectors; the Company is able to produce a
unique alloy mix for every customer. As the Company aims to create value across
the product-chain, Afarak remains committed to sustainable development,
investment and to delivering a healthy financial performance for its
shareholders. Afarak is listed on the Helsinki Stock Exchange (AFAGR) and the
London Stock Exchange (AFRK).
Distribution:
NASDAQ Helsinki
London Stock Exchange
main media
www.afarak.com
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