Uralkali informs on completion of buyback programme
Since the start of the Company’s open market buyback programme, an aggregate of 101,117,702 shares and 8,506,136 GDRs representing 4.89% of the Company’s share capital have been purchased.
As of 07 April 2016 the free float of Uralkali’s shares (including shares represented by GDRs) constitutes 8.96% of the Company’s 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 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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