13 April 2017
Changes to the List of Persons Exercising Voting Rights
Today, Acron (Moscow Exchange and LSE: ticker AKRN) has been notified of changes to the list of persons indirectly exercising voting rights on the Company's shares.
Cintmoon Enterprises Limited (Cyprus), which controlled 15.6% of Acron's shares through Norka Investments S.à r.l. (Luxembourg), informed that it no longer has voting rights on the Company's shares.
Subero Associates Inc. (British Virgin Islands) has informed that it has the right to indirectly control 87.07% of the Company's shares.
According Acron Group, its ultimate controlling shareholder has not changed as a result of these events.
Media contacts:
Tatiana Smirnova
Public Relations
Phone: +7 (495) 777-08-65 (ext. 5196)
Investor contacts:
Ilya Popov
Investor Relations
Phone: +7 (495) 745-77-45 (ext. 5252)
Background Information
Acron Group is a leading vertically integrated mineral fertiliser producer in Russia and globally, with chemical production facilities in Veliky Novgorod (Acron) and Smolensk (Dorogobuzh). The Group owns and operates a phosphate mine in Murmansk region (NWPC) and plans implementing a potash development project in Perm Krai (VPC). It has a wholly owned transport and logistics infrastructure and distribution networks in Russia and China.
In 2016, the Group sold 6.4 million tonnes of various products to 63 countries, with in Russia, Brazil, Europe and the United States as key markets.
In 2016, the Group posted consolidated revenue under IFRS of RUB 89,359 million (USD 1,333 million) and net profit of RUB 25,525 million (USD 381 million). Acron's shares are on the Level 1 quotation list of the Moscow Exchange and its global depositary receipts are traded at the London Stock Exchange (ticker AKRN). Acron employs over 11,000 people.
For more information about Acron Group, please visit www.acron.ru/en.