Last checked at 21 Feb 2017 15:56
PJSC PHOSAGRO - PhosAgro Director Shareholding NoticePJSC PHOSAGRO - PhosAgro Director Shareholding Notice
PR Newswire
London, February 21
| For Immediate Release | 21 February 2017 |
PhosAgro Director Shareholding Notice
Moscow – PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, announces that Adorabella Limited has acquired 3,496,500 PhosAgro shares, or 2.7% of the Company’s share capital, from PhosAgro Board of Directors Member Igor Antoshin. All actions required for the transfer of ownership of these shares have been completed.
As a result, the Company’s ownership structure is now as follows:
| Shareholder | Share of ownership |
| Free float | 25.10% |
| Adorabella Limited | 21.15% |
| Chlodwig Enterprises Limited | 22.51% |
| Mr. Igor Antoshin* | 11.88% |
| Mr. Vladimir Litvinenko | 14.54% |
| Mrs. Evgeniya Gurieva | 4.82% |
* Igor Antoshin’s stake in PhosAgro includes 2,489,540 ordinary shares in the Company (1.92% of the share capital) that were transferred by him under a REPO deal on 21.12.2016.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | PRIVATE COMPANY LIMITED BY SHARES ADORABELLA LIMITED | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | PCA of a member of the Board of directors | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | PJSC PhosAgro | |||
| b) | LEI | 25340053KRUNNYUWF472 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument | Ordinary shares; issue ?1-02-06556-A | |||
| Identification code | |||||
| b) | Nature of the transaction | Purchase of ordinary shares | |||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| USD 42.19 | 3,496,500 | ||||
| d) | Aggregated information | ||||
| Aggregated volume | 3,496,500 | ||||
| Price | USD 147,517,335 | ||||
| e) | Date of the transaction | 20 February 2017 | |||
| f) | Place of the transaction | Outside a trading venue | |||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Igor Antoshin | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | A member of the Board of directors | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | PJSC PhosAgro | |||
| b) | LEI | 25340053KRUNNYUWF472 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument | Ordinary shares; issue ?1-02-06556-A | |||
| Identification code | |||||
| b) | Nature of the transaction | Sale of ordinary shares | |||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| USD 42.19 | 3,496,500 | ||||
| d) | Aggregated information | ||||
| Aggregated volume | 3,496,500 | ||||
| Price | USD 147,517,335 | ||||
| e) | Date of the transaction | 20 February 2017 | |||
| f) | Place of the transaction | Outside a trading venue | |||
Notes to Editors
PhosAgro is one of the leading global vertically integrated phosphate-based fertilizer producers. The Company focuses on the production of phosphate-based fertilizers, feed phosphate and high-grade phosphate rock (P2O5 content of not less than 39%).
The Company is the largest phosphate-based fertilizer producer in Europe, the largest producer of high-grade phosphate rock worldwide and the third largest MAP/DAP producer in the world (excluding China), according to Fertecon. PhosAgro is also one of the leading producers of feed phosphates (MCP) in Europe, and the only producer in Russia. It is Russia’s only producer of nepheline concentrate.
PhosAgro’s main products include phosphate rock, 33 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.