Uralkali (the Company; MICEX: URKA) announces that pursuant to the Company’s open market buyback programme announced on 23 November 2015, from 25 February through 23 March 2016 34,892,908 Company’s shares were acquired.
Since the start of the Company’s open market buyback programme, an aggregate of 72,173,631 shares and 8,506,136 GDRs constituting 3.91% of the Company’s share capital have been purchased.
As of 24 March 2016 the number of Uralkali free float ordinary shares and global depositary receipts is below 10% of the Company’s share capital.
Uralkali (www.uralkali.com) is one of the world’s largest potash producers and exporters. The Company’s assets consist of 5 mines and 7 ore-treatment mills situated in the towns of Berezniki and Solikamsk (Perm Region, Russia). Uralkali employs ca.11,000 people (in the main production unit). Uralkali’s shares are traded on the Moscow Exchange.