Afarak plans to delist from Helsinki Stock Exchange

Chrome producer Afarak has drawn up a proposal to delist from the Helsinki Stock Exchange, maintaining a single listing in London following a request from a major shareholder.

Afarak, which owns assets including South Africa’s Mogale Alloys and Germany’s EWW, will hold an extraordinary general meeting on February 5 to consider the proposal. The company said it will offer to buy back shares at €1.015 ($1.25) per share through a voluntary...

Published

Janie Davies

January 30, 2018

14:41 GMT

London