Ferroglobe Announces Insider Buying

LONDON, June 07, 2018 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ:GSM) (“Ferroglobe”) announced today that members of its Board of Directors and senior management have made open market purchases of shares in Ferroglobe in the period from May 30, 2018 to date. In total, 23,600 ordinary shares each have been bought at an average price of approximately $10.47 per share. Of this aggregate number, Ferroglobe’s Executive Chairman, Javier Lopez Madrid, purchased 12,500 shares at an average price of $10.45 per share and its Chief Executive Officer, Pedro Larrea Paguaga, bought 10,000 shares at an average price of $10.51 per share.  

About Ferroglobe

Ferroglobe PLC is one of the world's leading suppliers of silicon metal, silicon-based specialty alloys and ferroalloys serving a customer base across the globe in dynamic and fast-growing end markets, such as solar, automotive, consumer products, construction and energy. The company is based in London. For more information, visit http://investor.ferroglobe.com/.

Forward-Looking Statements

This release contains "forward-looking statements" within the meaning of U.S. securities laws. Forward-looking statements are not historical facts but are based on certain assumptions of management and describe the Company's future plans, strategies and expectations. Forward-looking statements often use forward-looking terminology, including words such as "anticipate", "believe", "could", "estimate", "expect", "forecast", "guidance", "intends", "likely", "may", "plan", "potential", "predicts", "seek", "will" and words of similar meaning or the negative thereof.

Forward-looking statements contained in this press release are based on information presently available to the Company and assumptions that we believe to be reasonable, but are inherently uncertain. As a result, Ferroglobe's actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements, which are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond the Company's control.

All information in this press release is as of the date of its release. Ferroglobe does not undertake any obligation to update publicly any of the forward-looking statements contained herein to reflect new information, events or circumstances arising after the date of this press release. You should not place undue reliance on any forward-looking statement which are made only as of the date of this press release.

Joe Ragan, +1 917-209-8581, +44 (0) 7827-227-688
Chief Financial Officer
Email: jragan@ferroglobe.com

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Source: Ferroglobe PLC