JSC URALKALI (URKA) - Update on Uralkali Buyback Programme
RNS Number : 4818R
19 November 2012
November 19, 2012
Update on Uralkali Buyback Programme
Uralkali (LSE: URKA) announces that pursuant to Uralkali's buyback programme
announced on 13 November 2012, the following purchases of Uralkali's shares
and GDRs were made during the week from 13 through 16 November 2012:
· 2,036,000 shares at an average price of USD 7.44;
· 327,000 GDRs at an average price of USD 37.22.
Therefore, since the start of Uralkali's buyback programme the securities at
the total amount of approximately USD 27 million have been purchased.
Uralkali intends to publish further updates on the buyback programme on a
weekly basis provided any purchases take place.
For more details on the buyback programme please see Uralkali's website
Uralkali (www.uralkali.com) is one of the world's largest potash producers
with a market share of about 20%. The Company's assets consist of 5 mines and
7 ore-treatment mills situated in the towns of Berezniki and Solikamsk (Perm
Territory, Russia). Uralkali employs ca. 12,500 people (in the main production
unit). Uralkali's shares and GDRs are traded on the RTS-MICEX and LSE,
Anna Batarina, CFA
Head of Investor Relations and Capital Markets, Uralkali
Tel.: +7 (495) 730 2371
Head of Public Relations, Uralkali
Tel.: +7 (495) 730 2371
This announcement is not intended to, and does not constitute, or form part
of, an offer to sell or an invitation to purchase, exchange or subscribe for
any securities in any jurisdiction. This announcement does not constitute a
prospectus or a prospectus equivalent document.
The release, publication or distribution of this announcement in jurisdictions
other than the United Kingdom may be restricted by law and therefore any
persons who are subject to the laws of any jurisdiction other than the United
Kingdom should inform themselves about, and observe, any applicable
requirements. This announcement has been prepared for the purposes of
complying with English law and the information disclosed may not be the same
as that which would have been disclosed if this announcement had been prepared
in accordance with the laws and regulations of any jurisdiction outside of
This information is provided by RNS
The company news service from the London Stock Exchange
STRGGGCGGUPPGAB -0- Nov/19/2012 15:16 GMT
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