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2020-06-11

CORRECTION: Chlodwig Enterprises Limited Informs PhosAgro of Transactions With PhosAgro GDRs

OJSC PhosAgro (PHOR)
CORRECTION: Chlodwig Enterprises Limited Informs PhosAgro of Transactions With PhosAgro GDRs

11-Jun-2020 / 21:09 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


Replaces the disclsure with EQS News ID 1068575. Corrects the phrase "The purchased shares and GDRs" to read "The GDRs sold" in the third paragraph.

 

For Immediate Release

11 June 2020

 

Chlodwig Enterprises Limited Informs PhosAgro of Transactions With PhosAgro GDRs

 

Moscow - PhosAgro (Moscow Exchange, LSE: PHOR), one of the world's leading vertically integrated phosphate-based fertilizer producers, announces that Chlodwig Enterprises Limited has notified the Company about market transactions for the sale between 9 June 2020 and 11 June 2020 of global depositary receipts (GDRs) for shares of PhosAgro:

 

Date of transaction

Security type

Price per unit (USD)

Number of securities

09.06.2020

GDR

14.0070

244,349

10.06.2020

GDR

13.9029

153,755

11.06.2020

GDR

13.8921

176,752

Total

8,015,693.29

574,856

 

The identification code for the Company's GDRs is US71922G2093.

 

The GDRs sold represent 0.1480% of PhosAgro's authorised capital. The transfer of ownership rights for these securities has been completed, and PhosAgro's shareholder structure is now as follows:

 

Shareholder

Stake

Adorabella Limited

24.85%

Chlodwig Enterprises Limited

18.85%

Mrs Evgenia Guryeva

4.82%

Mr Vladimir Litvinenko

20.98%

Other shareholders

30.50%

 

Based on information available to the Company, the shares of Chlodwig Enterprises Limited and Adorabella Limited were transferred to trusts where the economic beneficiaries are Andrey Guryev and members of his family.

 

About PhosAgro

 

PhosAgro (www.phosagro.com

Författare OJSC PhosAgro

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