JSC PhosAgro reports that the Company’s mandatory offer to purchase ordinary and preferred shares of JSC Apatit has already been accepted by the owners of more than 10% of the shares of JSC Apatit.

28 November 2012

PhosAgro OJSC reports that the Company’s mandatory offer to purchase ordinary and preferred shares of Apatit OJSC has already been accepted by the owners of more than 10% of the shares of Apatit OJSC.

Upon completion of settlements with the shareholders of OJSC Apatit, who have already accepted the mandatory offer, OJSC PhosAgro and its affiliates will collectively own more than 95% of the shares of OJSC Apatit.