Press releases | PJSC Uralkali
  • Eng

Completion of Uralkali buyback programme

07.04.2016

Uralkali (the Company; MICEX: URKA) informs that the open market buyback programme announced on 23 November 2015 is completed. As result of the programme, from 24 through 31 March 2016 28,944,071 Companys shares were acquired.

Since the start of the Companys open market buyback programme, an aggregate of 101,117,702 shares and 8,506,136 GDRs representing 4.89% of the Companys share capital have been purchased.

As of 07 April 2016 the free float of Uralkalis shares (including shares represented by GDRs) constitutes 8.96% of the Companys share capital, which is below the free float requirement for the Level 1 quotation list on the Moscow Exchange.

Uralkali (www.uralkali.com) is one of the worlds largest potash producers and exporters. The Companys 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). Uralkalis shares are traded on the Moscow Exchange.

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