Uralkali (the Company; MICEX: URKA) announces that pursuant to the Company’s open market buyback programme announced on 18 May 2016, from 23 June through 26 August 2016 3,303,117 Company’s shares and 1,105,191 Company’s GDRs were acquired.
Since the start of the Company’s open market buyback programme, an aggregate of 30,411,307 shares and 1,105,191 GDRs constituting 1.22% of the Company’s share capital have been purchased.
As of 29 August 2016 Uralkali’s free float (including shares represented by GDRs) constitutes 7.7% 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 Territory, Russia). Uralkali employs ca.11,000 people (in the main production unit). Uralkali’s shares are traded on the Moscow Exchange.