Du är här

2016-02-04

Afarak Group: AFARAK GROUP - DISTRIBUTION AGREEMENT SIGNED

04 February 2016 - Afarak Group Plc, Stock Exchange Release
AFARAK GROUP - DISTRIBUTION AGREEMENT SIGNED

Afarak Group Plc ("Afarak" or the "Company") (LSE: AFRK, NASDAQ: AFAGR)
announces that its wholly owned subsidiary Afarak Trading Limited (RCS) has
entered into a long-term agreement with US company Carpenter Technology
Corporation. Carpenter Technology Corporation has been producing specialty
alloys for more than a century and their specialty alloys have been used in a
variety of mission-critical commercial aerospace applications, including
components for airframes, pneumatic ducting, turbine engines, landing gear
and a multitude of other high performance applications found in the aerospace
industry.

Afarak Trading Limited will provide Low Carbon Ferro Chrome produced at
Elektrowerk Eschweiler-Weisweiler in Germany, another wholly owned subsidiary
of Afarak Group Plc. The vertical integration of Afarak Group and its
consistent quality are important factors considered in the risk analysis by
aerospace suppliers.

AFARAK GROUP PLC
Alistair Ruiters
CEO
For additional information, please contact:

Afarak Group Plc

Dr Alistair Ruiters, CEO, tel +358 50 372 1130 (Helsinki
Office),alistair.ruiters@afarak.com
Afarak Group is a chrome mining and minerals producer focused on delivering
sustainable growth with speciality alloys business in Europe and ferro alloys
business in southern Africa. The Company is listed on NASDAQ Helsinki (AFAGR)
and the Main Market of the London Stock Exchange (AFRK).
www.afarak.com
Distribution:
NASDAQ Helsinki
London Stock Exchange
main media
www.afarak.com

---------------------------------------

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

HUG#1983842

Författare WKR

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.