Update on Uralkali buyback programme

29.12.2015
Update on Uralkali buyback programme

Uralkali (the Company) announces that pursuant to the Company’s open market buyback programme announced on 23 November 2015, the following purchases of the Company’s shares and GDRs were made from 23 December through 28 December 2015:

  • 24,847,685 shares
  • 6,290,415 GDRs

Since the start of the Company’s open market buyback programme, an aggregate of 28,428,735 shares and 8,430,936 GDRs constituting 2.4% of the Company’s share capital have been purchased.

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.

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Cardinal rules

Smoking in mines is prohibited.
Work at heights without wearing a safety harness is prohibited.
Work in electrical installations under voltage is prohibited.
It is forbidden to perform work and stay in the bottomhole zone during the operation of the mining machine.
Loading and unloading operations when people are in the danger zone are prohibited.
Working in underground mines with unsecured and/or unassembled roofing is prohibited.
It is forbidden to carry out repairs and maintenance of conveyors without disconnecting from energy sources, use of conveyors for transfer of people and goods (materials and/or equipment), crossing (either above or under) operating conveyors by employees are not allowed.
It is forbidden to carry out welding and flame work in underground mines and mine buildings without the necessary safety measures preventing fire.