REG-PhosAgro PJSC PhosAgro Informs about Submission of a Notification for Automatic Conversion of GDRs

PhosAgro PAOAnnouncement

19/08/2022 18:00

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   PhosAgro PJSC (PHOR)
   PhosAgro Informs about Submission of a Notification for Automatic
   Conversion of GDRs

   19-Aug-2022 / 19:55 MSK
   Dissemination of a Regulatory Announcement that contains inside
   information in accordance with the Market Abuse Regulation (MAR),
   transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   For Immediate Release                    19 August 2022

   PhosAgro Informs about Submission of a Notification for Automatic
   Conversion of GDRs

   Moscow – PhosAgro (Moscow Exchange, LSE: PHOR), one of the world's leading
   vertically integrated phosphate-based fertilizer producers, informs that,
   in accordance with Federal Law No. 114-FZ "On Amendments to Federal Law
   "On Joint-Stock Companies" and Certain Legislative Acts of the Russian
   Federation" dated 16 April 2022, as amended, PhosAgro has submitted to AO
   Citibank ("Depositary"), which maintains the depositary account of the
   depositary receipts programme relating to global depositary receipts
   representing shares in PhosAgro ("GDRs"), a notification on them being
   required to take the actions to allow holders of GDRs deposited with
   Russian custodians to obtain the corresponding number of shares in
   PhosAgro.

   Pursuant to the notification sent by PhosAgro, the Depositary will be
   required to automatically convert the GDRs held with Russian custodians
   into shares in PhosAgro in accordance with the procedure and terms set out
   in the decision of the Central Bank of Russia’s Board of Directors "On
   Adopting the Procedure for the Automatic Conversion of the Securities of
   Foreign Issuers that Represent Shares in Russian Issuers into Shares in
   Russian Issuers" dated 22 July 2022.

   About the Company
   PhosAgro ( 1 www.phosagro.ru) is a vertically integrated Russian company
   and one of the world’s leading producers of mineral phosphorous
   fertilizers and of high-grade apatite concentrate grading 39% P 2 O 5  and
   higher. PhosAgro’s fertilizers are highly effective, ensuring the improved
   quality of agricultural produce and avoiding soil contamination by heavy
   metals.
   PhosAgro Group is the largest manufacturer of phosphate-based fertilisers
   in Europe (by total capacity of NAP/MAP/NP/NPK/NPS production), the
   largest producer of phosphite grading 39% P 2 O 5   in the world and one
   of the leading global producers of ammonium and diammonium phosphate, one
   of Europe’s leading and the only producer in Russia of monocalcium
   phosphate feed, and the only producer in Russia of nepheline concentrate.
   The company’s main products, including phosphite, over 50 types of
   fertilizer, phosphate feed, ammonium, and sodium tripolyphosphate, are
   used in over 102 countries on all inhabited continents. Our priority
   markets, besides Russia and the CIS, are Latin America, Europe, and Asia.
   The company's shares are listed on the Moscow Exchange and its Global
   Depositary Receipts (GDRs) are listed on the London Stock Exchange (MOEX
   and LSE ticker: PHOR).
   More information about PhosAgro PJSC can be found on our site:
    2 www.phosagro.ru 

    

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   ISIN:           US71922G2093
   Category Code:  MSCM
   TIDM:           PHOR
   LEI Code:       25340053KRUNNYUWF472
   OAM Categories: 2.2. Inside information
   Sequence No.:   182707
   EQS News ID:    1424661


    
   End of Announcement EQS News Service

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