Moscow. 10 February 2012 - PhosAgro ("PhosAgro" or "the Company") (MICEX-RTS, LSE: PHOR), a leading global vertically integrated phosphate-based fertiliser producer, announces the following:
PhosAgro Board of Directors member and CEO Maxim Volkov informed the Company on 9 February 2011 that his ownership of shares and GDRS decreased by 3,524 and 118,030, respectively.
Menoza Trading Limited (“Menoza”), a Cyprus-registered company in which Mr. Volkov is an economic beneficiary, informed the Company on 9 February 2011 that its ownership of PhosAgro shares and GDRs increased by 3,524 and 118,030, respectively.
As a result of these transactions, the aggregate PhosAgro shares and GDRs owned by Mr. Volkov and Menoza remains unchanged at 133,075 shares and 130,161 GDRs, representing 1.10392% of PhosAgro`s share capital.