PhosAgro announces price range for initial public offering

摘要

FURTHER TO the announcement earlier this month of its intention to float in London and Moscow, Russian fertilizer group PhosAgro on June 28 announced the price range for its initial public offering (IPO). The offering will be in the form of ordinary shares to investors in Russia and both shares and global depositary receipts (GDRs) to international institutional and certain other eligible investors outside of Russia, with 30 GDRs representing an interest in one share.