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PhosAgro PJSC (PHOR)
PhosAgro PJSC: PhosAgro Will Not Be Publishing Operating and Financial
Results for 1Q 2022
18-Apr-2022 / 12:00 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.
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For Immediate Release 18 April 2022
PhosAgro Will Not Be Publishing Operating and Financial Results for 1Q
2022
Moscow - PhosAgro (Moscow Exchange, LSE: PHOR), one of the world's leading
vertically integrated phosphate-based fertilizer producers, has decided
not to publish its operating and financial results for the first quarter
of 2022.
Adhering to the best global practices, PhosAgro's approach has always been
to publish reports for shareholders and for investors holding its Global
Depositary Receipts (GDRs) simultaneously. In view of the suspension in
trading in the Company's GDRs, making 1Q operating and financial results
public would benefit some investors more than others.
About PhosAgro
PhosAgro (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 RAFP)
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 102 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.
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ISIN: US71922G2093
Category Code: MSCH
TIDM: PHOR
LEI Code: 25340053KRUNNYUWF472
OAM Categories: 2.2. Inside information
Sequence No.: 156062
EQS News ID: 1329489
End of Announcement EQS News Service
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