LSE - Delayed Quote • GBp Afarak Group SE (AFRK.L) Follow Compare 20.00 +20.00 (0.00%) At close: August 2 at 4:56:35 PM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations 3 Penny Stocks With Market Caps Over US$60M To Watch Closely Global markets have experienced a tumultuous week, with U.S. stocks declining broadly amid cautious commentary from the Federal Reserve and looming political uncertainties. In this context, investors are often drawn to penny stocks, a term that may seem outdated but still signifies opportunities in smaller or less-established companies. By focusing on those with solid financials and growth potential, these stocks can offer hidden value and the possibility of significant returns. NOTICE TO THE EXRTRAORDINARY GENERAL MEETING 11:15 London, 13:15 Helsinki, 23 December 2024 - Afarak Group SE ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR) NOTICE TO THE EXRTRAORDINARY GENERAL MEETING Notice is given to the shareholders of Afarak Group SE of the Extraordinary General Meeting to be held on 29 January 2025, starting at 10:00 a.m. (Finnish time) at Union Square Auditorium (Floor K1) Unioninkatu 22, 00130 Helsinki, Finland. Registration begins at 9:30 a.m. The shareholders may also exercise their right to vote at the AFARAK GROUP SE’S DIVIDEND POLICY 10:15 London, 12:15 Helsinki, 23 December 2024 - Afarak Group SE ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR) AFARAK GROUP SE’S DIVIDEND POLICY Afarak’s Board of Directors has decided on Company's dividend policy. The dividend policy: The purpose of the dividend policy is to set the framework for the distribution of dividends by the Company to ensure an attractive and consistent return on investment for the Company’s shareholders. The Company shall distribute to its shareholders in the AFARAK GROUP SE´S 2025 FINANCIAL REPORTING CALENDAR 14:00 London, 16:00 Helsinki, 20 December 2024 - Afarak Group SE ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR) AFARAK GROUP SE´S 2025 FINANCIAL REPORTING CALENDAR Stock Exchange Release Afarak Group SE ("Afarak" or the "Company") will publish its financial results as follows: - Full Year 2024 Results on Friday 28 February 2025 - Annual Report 2024 during the week commencing 24 March 2025 - Report for six months ending 30 June on Friday 15 August 2025 The Company's Annual General Meeting Afarak Group: Production Report Q3 2024 12:30 London, 14:30 Helsinki, 29 October 2024 - Afarak Group SE (“Afarak” or “the Company”) (LSE: AFRK, NASDAQ: AFAGR) Production report Q3 2024 Afarak Group total production during the third quarter of 2024 was higher when compared to same period of last year mainly due to higher mining activity as Chrome Ore prices remained stable during the quarter. The Ferrochrome market continued to weaken in terms of demand and pricing during Q3 2024 and shows no sign of recovery to date. The stainless mar AFARAK GROUP REPORTS A FATALITY AT ZEERUST CHROME MINE 15:30 London, 17:30 Helsinki, 7 October 2024 - Afarak Group SE ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR) AFARAK GROUP REPORTS A FATALITY AT ZEERUST CHROME MINE The Company confirms with deepest regret that there was a fatal accident to a subcontractor’s worker at its Zeerust Chrome Mine in South Africa on October 4th, 2024. Investigations of the causes of the accident are continuing in situ and more information will be available once these investigations are completed. The Afarak Gr Afarak Group Reports a Fatality at Ilitha 15:55 London, 17:55 Helsinki, 25 September 2024 - Afarak Group SE ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR) AFARAK GROUP REPORTS A FATALITY AT ILITHA The Company confirms with deepest regret an unexpected fatal accident at Ilitha in South Africa on 16 September 2024. The investigations of the causes of the accident are continuing in situ and more information will be available once the investigations are complete. Afarak Group extends its deepest sympathy with the Family of the worke AFARAK GROUP: INTERIM REPORT H1 2024 10:15 London, 12:15 Helsinki, 16 August 2024 - Afarak Group SE ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR) FINANCIAL INTERIM RELEASE H1 2024 H1/24H1/232023RevenueEUR million71.495.4153.7EBITDAEUR million4.215.116.6EBITEUR million3.114.415.0Earnings before taxesEUR million1.912.112.0ProfitEUR million0.510.510.0Earnings per shareEUR0.00.040.04EBITDA margin%5.915.810.8EBIT margin%4.315.19.8Earnings margin%0.012.77.8Personnel (end of period) 588610595 FIRST HALF 2024 HIGHLIGHTS Revenue de CORRECTION: PROFIT WARNING – DECREASE OF TURNOVER AND EBITDA 15:15 London, 17:15 Helsinki, 1 July 2024 - Afarak Group SE ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR) CORRECTION: PROFIT WARNING – DECREASE OF TURNOVER AND EBITDA Correction: Message category PROFIT WARNING – DECREASE OF TURNOVER AND EBITDA Stock Exchange Release The Board of Directors of Afarak Group SE (“Company”) estimates, that the EBITDA for the first half of year 2024 is at 4-5 Million Euro, which represents a decrease of 70% compared to 2023. Furthermore, the turnover for the PROFIT WARNING – DECREASE OF TURNOVER AND EBITDA 13:30 London, 15:30 Helsinki, 1 July 2024 - Afarak Group SE ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR) PROFIT WARNING – DECREASE OF TURNOVER AND EBITDA Stock Exchange Release The Board of Directors of Afarak Group SE (“Company”) estimates, that the EBITDA for the first half of year 2024 is at 4-5 Million Euro, which represents a decrease of 70% compared to 2023. Furthermore, the turnover for the first half of year 2024 is expected to be at 70-75 Million Euro which represents a decrea RESOLUTIONS OF AFARAK GROUP SE’S ANNUAL GENERAL MEETING 12:15 London, 14:15 Helsinki, 31 May 2024 - Afarak Group SE ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR) RESOLUTIONS OF AFARAK GROUP SE’S ANNUAL GENERAL MEETING Afarak Group SE’s Annual General Meeting was held in Helsinki on 31 May 2024. The AGM adopted the financial statements and the consolidated financial statements and discharged the members of the Board of Directors and the CEO from liability for the financial period 2023. The AGM resolved that no dividend would be paid for 2023. NOTICE TO THE ANNUAL GENERAL MEETING 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 31 May 2024, starting at 10:00 a.m. (Finnish time) at Union Square Auditorium (Floor K1) Unioninkatu 22, 00130 Helsinki, Finland. Registration begins at 9:30 a.m. The shareholders may also exercise their right to vote at the General Meeting by voting in advance. Instructions for advance voting are provided in this General Meeting notice in section C. “Instructio Afarak Group: Production report Q1 2024 15:30 London, 17:30 Helsinki, May 06 2024 - Afarak Group SE (“Afarak” or “the Company”) (LSE: AFRK, NASDAQ: AFAGR) Production report Q1 2024 Afarak Group production during the first quarter of 2024 was higher by 9.7% when compared to same period of last year. Q1/2024Q1/2023ChangeFY 2023 Speciality Alloys mt23,41124,359-3.9%86,834 Processingmt6,9017,581-9.0%21,179 Miningmt16,51016,778-1.6%65,655 South African minesmt70,27861,045 15.1%270,946 Miningmt70,27861,04515.1%270,946 Processing The process AFARAK GROUP SE: EXTRAORDINARY GENERAL MEETING 11:30 London, 13:30 Helsinki, 22 April 2024 - Afarak Group SE ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR) AFARAK GROUP SE: EXTRAORDINARY GENERAL MEETING Stock Exchange Release Afarak’s Extraordinary General Meeting was held in Helsinki on 22 April 2024. Jussi Savio (Authorised Public Accountant) presented to the Extraordinary General Meeting the report of the special audit, dated 18 March 2024. The report of the special audit was already published on 25 March 2024 in connection with t AFARAK GROUP SE'S PUBLISHES FINANCIAL STATEMENTS 2023 14:00 London, 16:00 Helsinki, 27 March 2024 - Afarak Group SE ("Afarak" or "the Company") (LSE: AFRK, OMX: AFAGR) Annual Financial Report AFARAK GROUP SE'S PUBLISHES FINANCIAL STATEMENTS 2023 Afarak Group announces that it has published today its Board of directors report, Financial Statement for the year 2023, the Auditor’s Report and the Corporate Governance Statement which is available from the Company's website www.afarak.com. Afarak publishes the Financial Statements in accordance with Euro INVITATION TO THE EXTRAORDINARY GENERAL MEETING INVITATION TO THE EXTRAORDINARY GENERAL MEETING Afarak Group SE invites shareholders to the Extraordinary General Meeting to be held on 22 April 2024, starting at 10:00 a.m. (Finnish time) at Union Square Auditorium (Floor K1) Unioninkatu 22, 00130 Helsinki, Finland. Registration begins at 9:30 a.m. A. MATTERS ON THE AGENDA OF THE EXTRAORDINARY GENERAL MEETING: Opening of the meetingCalling the meeting to orderApproval of the AgendaElection of persons to scrutinize the minutes and to supervise t AFARAK GROUP SE: NOTIFICATION PURSUANT TO CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT 09:00 London, 10:00 Helsinki, 29 February 2024 - Afarak Group SE ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR) AFARAK GROUP SE: NOTIFICATION PURSUANT TO CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT Stock Exchange Release Afarak Group SE has on 29 February 2024 made a flagging notification to FIN-FSA pursuant to Chapter 9, Section 5 of the Finnish Securities Markets Act. According to the flagging notification Afarak’s portion of the Company’s shares has exceeded the thresh CHANGES REGARDING AFARAK GROUP SE’S SHARES AND TREASURY SHARES 09:00 London, 11:00 Helsinki, 29 February 2024 - Afarak Group SE ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR) CHANGES REGARDING AFARAK GROUP SE’S SHARES AND TREASURY SHARES Stock Exchange Release A total of 10,000,000 new shares issued on the basis of the directed share issuance without payment to the Company itself decided by Afarak’s Board of Directors on February 14, 2024 based on the authorization granted by Afarak’s Annual General Meeting on June 21, 2023 have been registered in t AFARAK GROUP SE: FINANCIAL STATEMENTS RELEASE 2023 09:45 London, 11:45 Helsinki, 23 February 2024 - Afarak Group SE ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR) FINANCIAL STATEMENTS RELEASE 2023 H2/23H2/22FY2023FY2022RevenueEUR million58.3106.6153.7198.7EBITDAEUR million1.529.216.653.7EBITEUR million0.628.215.052.3Earnings before taxesEUR million-0.226.612.049.2Profit from continuing operationsEUR million-0.523.510.044.7Profit from discontinued operationsEUR million0.00.00.02.9Profit for the periodEUR million-0.523.510.047.6Earnings pe AFARAK GROUP SE: DIRECTED SHARE ISSUE WITHOUT PAYMENT TO THE COMPANY ITSELF 11:00 London, 13:00 Helsinki, 14 February 2024 - Afarak Group SE ("Afarak" or "the Company") (LSE: AFRK, NASDAQ: AFAGR) AFARAK GROUP SE: DIRECTED SHARE ISSUE WITHOUT PAYMENT TO THE COMPANY ITSELF Stock Exchange Release Afarak’s Board of Directors has decided, to direct a share issuance without payment to the Company itself, by virtue of the authority granted by the General Annual Meeting of 21 June 2023 and according to chapter 9, section 20 of the Companies' Act. The share issuance consists of Performance Overview Trailing total returns as of 1/17/2025, which may include dividends or other distributions. Benchmark is OMX Helsinki_PI Return AFRK.L OMX Helsinki_PI YTD +9,900.00% 0.00% 1-Year +9,900.00% 0.00% 3-Year +9,900.00% 0.00%