Moscow – PhosAgro ("PhosAgro" or "the Company") (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, has been informed by Vladimir Litvinenko and Feivel Limited that on 16 December 2014, Vladimir Litvinenko became the owner of 6,223,850 ordinary shares of PhosAgro (equivalent to 4.81% of the Company’s outstanding shares) that previously belonged to Feivel Limited.
According to information available to PhosAgro, the shares owned by Feivel Limited were held in a trust, the economic beneficiary of which was Vladimir Litvinenko.
As a result of this transaction, Vladimir Litvinenko’s stake in PhosAgro has increased from 9.73% to 14.54%.