14 Aug 2020 09:14
Disclosure through the National Storage Mechanism14 August 2020
Disclosure through the National Storage Mechanism
Pursuant to the Listing Rules LR 14.3.11AR to LR 14.3.11DR approved by the Financial Conduct Authority of the United Kingdom, Public Joint Stock Company Acron (Moscow Exchange and LSE: AKRN) uploaded to the National Storage Mechanism the Prospectus for Global Depositary Receipts of Joint Stock Company Acron listed at the London Stock Exchange since 2008, and Acron’s Charter as amended.
Media contacts:
Sergey DorofeevAnastasiya GromovaTatiana SmirnovaPublic RelationsPhone: +7 (495) 777-08-65 (ext. 5196)
Investor contacts:Ilya PopovInvestor RelationsPhone: +7 (495) 745-77-45 (ext. 5252)
Background Information
Acron Group is a leading vertically integrated mineral fertiliser producer in Russia and globally, with chemical production facilities in Veliky Novgorod (Acron) and Smolensk region (Dorogobuzh). The Group owns and operates a phosphate mine in Murmansk region (North-Western Phosphorous Company, NWPC) and is implementing a potash development project in Perm Krai (Verkhnekamsk Potash Company, VPC). It has a wholly owned transportation and logistics infrastructure, including three Baltic seaport terminals and distribution networks in Russia and China. Acron’s subsidiary, North Atlantic Potash Inc. (NAP), holds mining leases and an exploration permit for ten parcels of the potassium salt deposit at Prairie Evaporite, Saskatchewan, Canada. Acron also holds a minority stake (19.8%) in Polish Grupa Azoty S.A., one of the largest chemical producers in Europe.
In 2019, the Group sold 7.6 million tonnes of main products to 78 countries, with Russia, Brazil, Europe and the United States as key markets.
In 2019, the Group posted consolidated IFRS revenue of RUB 114,835 million (USD 1,774 million) and net profit of RUB 24,786 million (USD 383 million). Acron’s shares are on the Level 1 quotation list of the Moscow Exchange and its global depositary receipts are traded at the London Stock Exchange (ticker AKRN). Acron employs around 11,000 people.
For more information about Acron Group, please visit www.acron.ru/en.