REG-PhosAgro PJSC PhosAgro PJSC: Notice on coupon payment

PhosAgro PAOAnnouncement

26/07/2022 17:15

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   PhosAgro PJSC (PHOR)
   PhosAgro PJSC: Notice on coupon payment

   26-Jul-2022 / 19:00 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 26 July 2022

                                        

                                        

    

                            Notice on coupon payment

                                        

   Moscow — PJSC PhosAgro  (Moscow Exchange, LSE: PHOR),  one of the  world’s
   leading vertically integrated phosphate-based fertilizer producers, hereby
   informs that, in  line with  the requirements of  the Russian  regulations
   presently in force,  PJSC PhosAgro  has arranged  for a  split payment  of
   interest due on  23 July 2022  under the U.S.$500,000,000  3.05 per  cent.
   Loan Participation  Notes  due 2025  (the  "Notes") issued  by,  but  with
   limited recourse  to, PhosAgro  Bond Funding  Designated Activity  Company
   (the "Issuer").

    

   Accordingly, on 22  July 2022, PJSC  PhosAgro arranged for  a transfer  of
   interest, in  Russian  Roubles,  equivalent to  the  aggregate  amount  of
   interest payable to  the Noteholders  which hold their  Notes through  the
   Russian National Settlement Depository  or other Russian custodians  being
   the accountholders of foreign nominee  holders for onward distribution  to
   such Noteholders.

    

   Simultaneously, PJSC PhosAgro applied  to the Ministry  of Finance of  the
   Russian Federation ("MinFin") seeking approval of the balance of  interest
   to be paid to the Issuer’s account  with the principal paying agent in  US
   Dollars. In line with  the Russian regulations,  the relevant approval  is
   conditional, among other things, MinFin being satisfied that the  payments
   to the Noteholders  holding Notes  through the  Russian custodians  having
   been duly made  and the  issue of such  approval is  entirely at  MinFin’s
   discretion. PJSC PhosAgro intends  to pay the balance  of interest to  the
   Issuer’s account with the principal paying agent promptly upon the  MinFin
   approval being granted which will be announced separately.

    

   Contact us

    

   PJSC PhosAgro

   Andrey Serov, Head of the Investor Relations Department

   +7 495 231 2747 ext. 2183

    1 ir@phosagro.ru

    

   Timur Belov, Press Officer

   +7 495 231 2747 ext. 2652

    2 pr@phosagro.ru

    

   About Us

    

   PhosAgro ( 3 www.phosagro.ru)  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. PhosAgro’s  environmentally  friendly
   fertilizers stand out for their high  efficiency, and they do not lead  to
   the contamination of soils with heavy metals.

    

   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 RFPA).

    

   PhosAgro’s main products include  phosphate rock, more  than 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 are listed on the London Stock Exchange  (under
   the ticker PHOR).

    

   More  information   about  PhosAgro   can  be   found  on   the   website:
    4 www.phosagro.ru.

    

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   ISIN:           US71922G2093
   Category Code:  MSCU
   TIDM:           PHOR
   LEI Code:       25340053KRUNNYUWF472
   OAM Categories: 2.2. Inside information
   Sequence No.:   177269
   EQS News ID:    1406373


    
   End of Announcement EQS News Service

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    5 fncls.ssp?fn=show_t_gif&application_id=1406373&application_name=news&site_id=reuters8

References

   Visible links
   1. mailto:ir@phosagro.ru
   2. mailto:pr@phosagro.ru
   3. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=443ca16678306c21ad7d78a6b83a5230&application_id=1406373&site_id=reuters8&application_name=news
   4. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=443ca16678306c21ad7d78a6b83a5230&application_id=1406373&site_id=reuters8&application_name=news


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