Oslo, 16 August 2019: The Yara International ASA Annual General Meeting on 7 May 2019 approved a capital reduction by cancellation of own shares and by redemption of shares held on behalf of the Norwegian State by the Ministry of Trade, Industry and Fisheries.
The share capital of the Company is reduced by NOK 1,385,828.10 from NOK 464,470,311.00 to NOK 463,084,482.90 by cancellation of 520,000 of the Company's own shares and redemption of 295,193 shares owned on behalf of the Norwegian State by the Ministry of Trade, Industry and Fisheries.
The cancellation and redemption has now been carried out as described above. With effect from the implementation of the capital reduction through registration in the Norwegian Register of Business Enterprises, Article 4 of the Company's Articles of Association is amended to read as follows:
The share capital is NOK 463,084,482.90 divided into 272,402,637 shares, each with a nominal value of NOK 1.70.
Thor Giæver, Investor Relations
Cellular: (+47) 480 75 356
Yara grows knowledge to responsibly feed the world and protect the planet, to fulfill our vision of a collaborative society, a world without hunger and a planet respected. To meet these commitments, we have taken the lead in developing digital farming tools for precision farming and work closely with partners throughout the whole food value chain to develop more climate-friendly crop nutrition solutions. In addition, we are committed to working towards sustainable mineral fertilizer production. We foster an open culture of diversity and inclusion that promotes the safety and integrity of our employees, contractors, business partners, and society at large. Founded in 1905 to solve the emerging famine in Europe, Yara has a worldwide presence with about 17,000 employees and operations in over 60 countries. In 2018, Yara reported revenues of USD 12.9 billion.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act