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OJSC PhosAgro (PHOR)
Chlodwig Enterprises Limited and Adorabella Limited Report Transactions With
PhosAgro Shares
05-Apr-2019 / 17:00 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer / publisher is solely responsible for the content of this
announcement.
For Immediate Release 5 April 2019
Chlodwig Enterprises Limited and Adorabella Limited Report Transactions With
PhosAgro Shares
Moscow - PhosAgro ("the Company") (Moscow Exchange, LSE: PHOR), one of the
world's leading vertically-integrated phosphate-based fertilizer producers,
announces that that it has been informed by Adorabella Limited and Chlodwig
Enterprises Limited about changes to their stakes in PhosAgro's share
capital.
Chlodwig Enterprises Limited has informed the Company that it decreased its
stake from 22.51% to 18.81%. Adorabella Limited has informed that it
increased its stake from 21.15% to 24.85%.
Based on information available to the Company, the respective shares of
Adorabella Limited and Chlodwig Enterprises Limited have been transferred to
trusts, the economic beneficiaries of which are the Deputy Chairman of
PhosAgro's Board of Directors Andrey Guryev and members of his family.
As a result of the transaction, the Company's shareholding structure is as
follows:
Shareholder Ownership
Free float 2 7.59%
Adorabella Limited 24.85%
Chlodwig Enterprises Limited 18.81%
Mr. Igor Antoshin *** 4.59%
Mr. Vladimir Litvinenko 19.35%
Ms. Evgeniya Guryeva 4.82%
*** Mr. Igor Antoshin's share does not include ordinary shares in the
Company, which were transferred by him under a REPO deal (sale of shares
with the obligation to repurchase).
____________
About the Company
PhosAgro 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.
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%, a top-three producer
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 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) 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.ru
[1].
ISIN: US71922G2093
Category Code: DSH
TIDM: PHOR
LEI Code: 635400F8A3KGJIIBIK95
Sequence No.: 8115
EQS News ID: 796691
End of Announcement EQS News Service
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(END) Dow Jones Newswires
April 05, 2019 11:00 ET (15:00 GMT)
