"I would like to congratulate the Company's staff, management and shareholders. We're proud of the fact that this successful company's stock is traded on our exchange. PhosAgro's operating and financial performance has consistently improved. Its share price has more than quadrupled since its initial listing, and the Company is now worth more than RUB 620 billion. PhosAgro's shares are included in our main index, the MOEX Russia Index, they're liquid, and investors working on Moscow Exchange have shown a great deal of interest in them. I would like to mention the high quality of the Company's corporate governance. This is important for investors, and it's also a key to the sustainability of the business. Also noteworthy is the fact that the Company pays close attention to environmental and social issues. I wish PhosAgro, its employees, management and shareholders continued success."

As part of the celebration of this milestone, we have prepared a video with statements by the following individuals: ? Andrey A. Guryev, Chairman of the Management Board, CEO and member of the Board of Directors; ? Andrey G. Guryev, Deputy Chairman of the Board of Directors; ? Irina Bokova, member of the Board of Directors and Chair of the Sustainable Development Committee; ? Xavier R. Rolet, Chairman of the Board of Directors and an independent director; ? James Rogers, member of the Board of Directors and an independent director; ? Julia Hoggett, CEO of the London Stock Exchange; and ? Oleg Vyugin, Chairman of the Supervisory Board of Moscow Stock Exchange.

The video is available at the following link:

*Calculated according to the averaged weighted USD exchange rate.

About PhosAgro

PhosAgro (www.phosagro.com) is one of the world's leading vertically integrated phosphate-based fertilizer producers in terms of production volumes of phosphate-based fertilizers and high-grade phosphate rock with a P2O5 content of 39% and higher. PhosAgro's environmentally friendly fertilizers stand out for their high efficiency, and they do not lead to the contamination of soils with heavy metals.

The Company is the largest phosphate-based fertilizer producer in Europe (by total combined capacity for DAP/MAP/NP/ NPK/NPS), the largest producer of high-grade phosphate rock with a P2O5 content of 39%, a top-three producer of MAP/DAP globally, one of the leading producers of feed phosphates (MCP) in Europe, and the only producer in Russia, and Russia's only producer of nepheline concentrate (according to the RAFP).

PhosAgro's main products include phosphate rock, more than 50 grades of fertilizers, feed phosphates, ammonia, and sodium tripolyphosphate, which are used by customers in 102 countries spanning all of the world's inhabited continents. The Company's priority markets outside of Russia and the CIS are Latin America, Europe and Asia.

PhosAgro's shares are traded on the Moscow Exchange, and global depositary receipts (GDRs) for shares trade on the London Stock Exchange (under the ticker PHOR). Since 1 June 2016, the Company's GDRs have been included in the MSCI Russia and MSCI Emerging Markets indexes. -----------------------------------------------------------------------------------------------------------------------


ISIN:          US71922G2093 
Category Code: MSCL 
TIDM:          PHOR 
LEI Code:      25340053KRUNNYUWF472 
Sequence No.:  118998 
EQS News ID:   1223443 
 
End of Announcement  EQS News Service 
=------------------------------------------------------------------------------------
 
Image link: 
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1223443&application_name=news

(END) Dow Jones Newswires

August 02, 2021 12:17 ET (16:17 GMT)