PhosAgro Board of Directors Reappoints Andrey Guryev as Chief Executive Officer

OJSC PhosAgro (PHOR) 
PhosAgro Board of Directors Reappoints Andrey Guryev as Chief Executive 
Officer 
 
28-Jul-2020 / 16:30 MSK 
Dissemination of a Regulatory Announcement that contains inside information 
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
For Immediate Release 28 July 2020 
 
     PhosAgro Board of Directors Reappoints Andrey Guryev as Chief Executive 
                                          Officer 
 
    Moscow - The Board of Directors of PhosAgro (the "Company", the "Group", 
          MOEX, LSE: PHOR), one of the world's leading vertically-integrated 
   phosphate-based fertilizer producers, has voted unanimously to re-appoint 
    Andrey Guryev to the posts of Chairman of the Management Board and Chief 
                                          Executive Officer of PhosAgro. 
 
 The results of Andrey Guryev's seven-year tenure as PhosAgro's CEO, as well 
  as the Company's development outlook, will be reported at a meeting of the 
                       Board of Directors in the second half of August 2020. 
 
The Board of Directors, which met in absentia, also authorised Andrey Guryev 
to hold management positions in other organisations, including the President 
of the Russian Association of Fertilizer Producers, a member of the Board of 
      Directors of the International Fertilizer Association, a member of the 
   Commission of the Russian Federation for UNESCO, a member of the Board of 
         the Russian Union of Industrialists and Entrepreneurs, Chair of the 
      Russia-Argentina Business Council, Chair of the Russia-Brazil Business 
                                          Council. 
 
                                          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, over 50 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.ru 
                                          [1]. 
 
ISIN:           US71922G2093 
Category Code:  MSCH 
TIDM:           PHOR 
LEI Code:       25340053KRUNNYUWF472 
OAM Categories: 2.2. Inside information 
Sequence No.:   78552 
EQS News ID:    1104309 
 
End of Announcement EQS News Service 
 
 
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=443ca16678306c21ad7d78a6b83a5230&application_id=1104309&site_id=vwd&application_name=news 
 

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July 28, 2020 09:30 ET (13:30 GMT)