Moscow – PhosAgro ("PhosAgro" or "the Company") (Moscow Exchange, LSE: PHOR), a leading global vertically integrated phosphate-based fertilizer producer, announces that on 8 November 2012 its shares were upgraded from the MICEX Stock Exchange’s quotation list “V” to quotation list “B”.
Quotation list “B” has certain liquidity and market capitalisation requirements compared to quotation list “V”. Inclusion of its shares in quotation list “B” will give PhosAgro access to a broader base of investors, including funds from the Russian Federation Deposit Insurance Agency.