OREANDA-NEWS. October 30, 2012. PhosAgro ("PhosAgro" or "the Company") (MICEX-RTS, LSE: PHOR), a leading global vertically integrated phosphate-based fertilizer producer, announces that it has submitted an application to the Federal Financial Markets Service of Russia (FFMS) for state registration of an additional share issue and the regulatory prospectus for 13.5 million new ordinary shares with a nominal value of RUB 2.50 per share placed through an open subscription.

The application was submitted following a decision by PhosAgro`s Board of Directors on 19 October 2012 to approve increasing the Company`s share capital by 13.5 million shares, which amounts to 10.845% of PhosAgro`s issued shares.