OREANDA-NEWS. August 10, 2015. Uralkali (LSE: URKA; the Company) held its Extraordinary General Meeting of Shareholders (EGM).

The shareholders approved the new version of the Regulations on the Board of Directors of Uralkali and a major related-party transaction to acquire ordinary registered uncertificated shares offered by JSC Uralkali-Technology within the framework of an additional issuance of ordinary registered shares. The value of the transaction will not exceed RUB 149,730,000,000.

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 and GDRs are traded on the Moscow Exchange and London Stock Exchange, respectively.