Uralkali, one of the world’s largest potash producers, announces that on 31 July 2013 it was notified by Fenguard that the bonds, issued by it to VTB Capital plc in November 2012 and exchangeable into ordinary shares of Uralkali, have been redeemed. Therefore, 2% of the shares of Uralkali which underlay the Bonds are no longer in pledge as security for the Bonds.
Fenguard has also informed that its percentage in Uralkali's share capital has not changed.
Uralkali is not a party to any agreement regarding this transaction.
