REG-PhosAgro PJSC Update on PhosAgro’s depositary receipts programme

PhosAgro PAOAnnouncement

21/06/2022 19:00

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   PhosAgro PJSC (PHOR)
   Update on PhosAgro’s depositary receipts programme

   21-Jun-2022 / 21:00 MSK
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   For Immediate Release 21 June 2022

                                        

                                        

                                        

               Update on PhosAgro’s depositary receipts programme

   Moscow – PhosAgro (Moscow Exchange, LSE: PHOR), one of the world's leading
   vertically integrated phosphate-based fertilizer producers, announces
   today that it has been made aware by AO Citibank, the custodian under
   PhosAgro’s depositary receipts programme ("Programme") which maintains the
   depositary receipts programme custody account relating to the Programme
   ("DR Programme Custody Account"), that 170,500 ordinary shares in
   PhosAgro, which had previously been arrested in the context of criminal
   proceedings relating to Mr. Volkov’s former stake in PhosAgro, have been
   debited from the DR Programme Custody Account for onward crediting to Mr.
   Volkov. The relevant debit was made in accordance with the enforcement
   order, which entered into force.

   About PhosAgro

    

   PhosAgro (www.phosagro.com) 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 listed on the Moscow Exchange, and global depositary
   receipts (GDRs) for shares are listed on the London Stock Exchange (under
   the ticker PHOR).

    

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   ISIN:          US71922G2093
   Category Code: MSCM
   TIDM:          PHOR
   LEI Code:      25340053KRUNNYUWF472
   Sequence No.:  169797
   EQS News ID:   1380651


    
   End of Announcement EQS News Service

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