Chlodwig Enterprises Limited and Adorabella Limited Report Transactions With PhosAgro Shares

Freitag, 05.04.2019 17:00 von DGAP - Aufrufe: 65

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

27.59%

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.


ISIN: US71922G2093
Category Code: DSH
TIDM: PHOR
LEI Code: 635400F8A3KGJIIBIK95
Sequence No.: 8115
EQS News ID: 796691
 
End of Announcement EQS News Service

fncls.ssp?fn=show_t_gif&application_id=796691&application_name=news&site_id=ariva

Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.



Kurse

  
11,12
+0,54%
PhosAgro GDR Realtime-Chart