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PhosAgro PJSC: PhosAgro Will Not Be Publishing Operating and Financial Results for 1Q 2022

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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.

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.

 


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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