Last checked at 25 Jan 2017 16:35
PJSC PHOSAGRO - PhosAgro Director Shareholding NoticePJSC PHOSAGRO - PhosAgro Director Shareholding Notice
PR Newswire
London, January 25
| For Immediate Release | 25 January 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 Igor Antoshin, who is a member of the Company’s Board of Directors and sits on the Environmental, Health and Safety Committee, has informed the Company about the liquidation of companies in which Mr. Antoshin was the sole shareholder: Dubberson Holdings Limited, Carranita Holdings Limited and Vindemiatrix Trading Limited. As a result of the liquidations, Igor Antoshin is now the owner of 16,395,038 shares of PJSC PhosAgro (12.66% of listed shares) previously owned by Dubberson Holdings Limited, Carranita Holdings Limited and Vindemiatrix Trading Limited.
Igor Antoshin holds direct control over 12.66% of PhosAgro’s share capital.
| 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 | - | |||
| 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 | Transfer of ordinary shares | |||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| Nil consideration | 8,639,705 | ||||
| Nil consideration | 4,028,519 | ||||
| Nil consideration | 3,726,814 | ||||
| d) | Aggregated information | ||||
| Aggregated volume | 16,395,038 | ||||
| Price | Nil consideration | ||||
| e) | Date of the transaction | 17 January 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.