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CORRECTION: Chlodwig Enterprises Limited Informs PhosAgro of Transactions With PhosAgro GDRs

11 Jun 2020 19:10

OJSC PhosAgro (PHOR) CORRECTION: Chlodwig Enterprises Limited Informs PhosAgro of Transactions With PhosAgro GDRs 11-Jun-2020 / 21:09 MSK Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.


Replaces the disclsure with EQS News ID 1068575. Corrects the phrase "The purchased shares and GDRs" to read "The GDRs sold" in the third paragraph.

 

For Immediate Release

11 June 2020

 

Chlodwig Enterprises Limited Informs PhosAgro of Transactions With PhosAgro GDRs

 

Moscow - PhosAgro (Moscow Exchange, LSE: PHOR), one of the world's leading vertically integrated phosphate-based fertilizer producers, announces that Chlodwig Enterprises Limited has notified the Company about market transactions for the sale between 9 June 2020 and 11 June 2020 of global depositary receipts (GDRs) for shares of PhosAgro:

 

Date of transaction

Security type

Price per unit (USD)

Number of securities

09.06.2020

GDR

14.0070

244,349

10.06.2020

GDR

13.9029

153,755

11.06.2020

GDR

13.8921

176,752

Total

8,015,693.29

574,856

 

The identification code for the Company's GDRs is US71922G2093.

 

The GDRs sold represent 0.1480% of PhosAgro's authorised capital. The transfer of ownership rights for these securities has been completed, and PhosAgro's shareholder structure is now as follows:

 

Shareholder

Stake

Adorabella Limited

24.85%

Chlodwig Enterprises Limited

18.85%

Mrs Evgenia Guryeva

4.82%

Mr Vladimir Litvinenko

20.98%

Other shareholders

30.50%

 

Based on information available to the Company, the shares of Chlodwig Enterprises Limited and Adorabella Limited were transferred to trusts where the economic beneficiaries are Andrey Guryev and members of his family.

 

About PhosAgro

 

PhosAgro (www.phosagro.com) is one of the world's leading vertically integrated phosphate-based fertilizer producers in terms of production volumes of phosphate-based fertilizers and high-grade phosphate rock with a P2O5 content of 39% and higher. PhosAgro's environmentally friendly fertilizers stand out for their high efficiency, and they do not lead to the contamination of soils with heavy metals.

 

The Company is the largest phosphate-based fertilizer producer in Europe (by total combined capacity for DAP/MAP/NP/NPK/NPS), the largest producer of high-grade phosphate rock with a P2O5 content of 39% and one of the leading producers of MAP/DAP globally, one of the leading producers of feed phosphates (MCP) in Europe, and the only producer in Russia, and Russia's only producer of nepheline concentrate (according to the RAFP).

 

PhosAgro's main products include phosphate rock, 39 grades of fertilizers, feed phosphates, ammonia, and sodium tripolyphosphate, which are used by customers in 100 countries spanning all of the world's inhabited continents. The Company's priority markets outside of Russia and the CIS are Latin America, Europe and Asia.

 

PhosAgro's shares are traded on the Moscow Exchange, and global depositary receipts (GDRs) for shares trade on the London Stock Exchange (under the ticker PHOR). Since 1 June 2016, the Company's GDRs have been included in the MSCI Russia and MSCI Emerging Markets indexes.

 

More information about PhosAgro can be found on the website: www.phosagro.com.

 

*By total volumes of fertilizers supplied and by the simultaneous fertilizer storage capacity.


ISIN:US71922G2093
Category Code:DSH
TIDM:PHOR
LEI Code:25340053KRUNNYUWF472
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.:69366
EQS News ID:1068615
 
End of AnnouncementEQS News Service

UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

Date   Source Headline
30th Jan 201811:30 amPRNMoody's raises PhosAgro's credit rating to Baa3/Stable
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18th Jan 20187:15 amPRNPhosAgro Prices USD500m 5.25-y Eurobond at 3.949%
15th Dec 20172:00 pmPRNPhosAgro Board of Directors Approves 2018 Budget
22nd Nov 201710:00 amPRNPhosAgro reports 3Q17 EBITDA of RUB 13.6 billion
21st Nov 20173:00 pmPRNPhosAgro Board Recommends Dividends
16th Nov 20172:04 pmPRNPhosAgro 3Q 2017 IFRS Results Announcement Date
1st Nov 201712:00 pmPRNPhosAgro-Cherepovets Merger with Apatit Completed
1st Nov 20179:00 amPRNPhosAgro Fertilizer Output up 19% y-o-y in 3Q 2017
25th Oct 20176:20 pmPRNCorrection : PhosAgro to Lease 500 New Hoppers
25th Oct 20175:15 pmPRNPhosAgro to Lease 500 New Hoppers from Gazprombank
20th Oct 20173:30 pmPRNPhosAgro Shareholding Notification
20th Oct 20177:45 amPRNPhosAgro Shareholding Notification
19th Oct 201710:00 amPRNPhosAgro opens new trading office in the Balkans
5th Oct 20174:45 pmPRNPhosAgro and Ma'aden Sign Landmark MOU
5th Oct 20173:30 pmPRNSven Ombudstvedt Reappointed as Board Chairman
2nd Oct 20173:45 pmPRNPhosAgro EGM Elects Board and Approves Dividends
20th Sep 20174:45 pmPRNPhosAgro Director Shareholding Notice
30th Aug 20172:45 pmPRNArgentina Lifts Import Duties on DAP
24th Aug 201710:30 amPRNPhosAgro reports 2Q17 EBITDA of RUB 12.2 billion
23rd Aug 20173:50 pmPRNPhosAgro CEO Presents Achievements of Past 4 Years
23rd Aug 20173:00 pmPRNPhosAgro Board Recommends Dividends
17th Aug 20173:30 pmPRNPhosAgro 2Q 2017 IFRS Results Announcement Date
8th Aug 201710:00 amPRNPhosAgro Fert. Production up Nearly 9% YoY in 1H 2017
26th Jul 20175:45 pmPRNPhosAgro Board Confirms Andrey Guryev as CEO
14th Jul 20174:30 pmPRNApatit, PhosAgro-Cherepovets reorganisation approved
5th Jul 20172:00 pmPRNPhosAgro EGM Results
29th Jun 20172:00 pmPRNReport on Payments to Governments for the year 2016
8th Jun 20174:30 pmPRNPhosAgro PDMR Shareholding Notice
6th Jun 20173:40 pmPRNStandard & Poor’s Confirms PhosAgro’s Credit Rating
30th May 20174:00 pmPRNPhosAgro Board Re-Elects Sven Ombudstvedt
30th May 20173:50 pmPRNPhosAgro AGM Approves Dividend
17th May 201711:00 amPRNPhosAgro 1Q 2017 EBITDA is RUB 12.7 billion
16th May 20172:13 pmPRNPhosAgro Board of Directors Dividend Recommendation
16th May 20171:00 pmPRNPhosAgro 1Q 2017 IFRS Results Announcement Date
3rd May 20174:00 pmPRNPhosAgro Fertilizer Production up 2.4% YoY in 1Q17
28th Apr 20175:45 pmPRNPhosAgro Publishes 2016 Annual Report
26th Apr 20179:30 amPRNPhosAgro Placing USD500m 4.5-yr Eurobond at 3.95%
18th Apr 20177:45 amPRNPhosAgro PDMR Shareholding Notice
6th Apr 20175:00 pmPRNPhosAgro Board Approves AGM Agenda
27th Mar 20177:30 amPRNAnnual Financial Report
21st Mar 20174:00 pmPRNPhosAgro Board Recommends RUB 3.9 bln Dividend
22nd Feb 201712:00 pmPRNMoody's Ups PhosAgro's Credit Rating Outlook to Stable
21st Feb 20173:56 pmPRNPhosAgro Director Shareholding Notice
20th Feb 20177:00 amPRNPhosAgro GDR Conversion Re-Opened
15th Feb 20172:45 pmPRNFitch Affirms PhosAgro's BB+ Credit Rating
13th Feb 20174:05 pmPRNPhosAgro Free-float Increases to 25.10% After SPO
9th Feb 20177:00 amPRNSale of 5,827,500 Ordinary Shares in PJSC PhosAgro
8th Feb 20174:30 pmPRNProposed Sale of 6,475,000 Ord. Shares in PJSC PhosAgro
8th Feb 20174:29 pmPRNProposed Sale of 6,475,000 Ord. Shares in PJSC PhosAgro

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