Update on PhosAgro’s depositary receipts programme
The issuer is solely responsible for the content of this announcement.
- The issuer is solely responsible for the content of this announcement.
- 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 PhosAgros 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. Volkovs former stake in PhosAgro, have been debited from the DR Programme Custody Account for onward crediting to Mr. Volkov.
- PhosAgros environmentally friendly fertilizers stand out for their high efficiency, and they do not lead to the contamination of soils with heavy metals.
- PhosAgros 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).