Moscow – PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, announces that it has been informed by Igor Antoshin, who is a member of the Company’s Board of Directors and sits on the Environmental, Health and Safety Committee, that he has entered into a repo transaction involving 2,489,540 PhosAgro shares, which represents 1.92% of the Company’s share capital.
As a result of this transaction, the voting shares that Igor Antoshin controls, together with Dubberson Holdings Limited, Carranita Holdings Limited and Vindemiatrix Trading Limited, has declined from 14.58% to 12.66% of PhosAgro’s total share capital.
|1||Details of the person discharging managerial responsibilities / person closely associated|
|2||Reason for the notification|
|a)||Position/status||A member of the Board of directors|
|b)||Initial notification /Amendment||Initial notification|
|3||Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor|
|4||Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted|
|a)||Description of the financial instrument, type of instrument||Ordinary shares; release №1-02-06556-A|
|b)||Nature of the transaction||Repurchase agreement, repo|
|c)||Price(s) and volume(s)|
|e)||Date of the transaction||21 December 2016|
|f)||Place of the transaction||Outside a trading venue|