Skip to main content

PhosAgro to increase number of board members

Published by
World Fertilizer,

Vertically integrated phosphate-based fertilizer producer, PhosAgro, has announced that a general meeting of shareholders (GM) has concluded to approve a resolution to increase the number of people on the company’s board of directors from eight to 10.

The GM also approved a dividend payment of RUB2 719.5 million, or RUB21 per ordinary share (RUB7 per global depositary receipt), from the undistributed net profit as of 31 December 2016. The record date for shareholders eligible to receive dividends was set as 17 July 2017.

PhosAgro board of directors member and CEO, Andrey Guryev, said: “The company always strives to adhere to best corporate practices, both in terms of shareholder returns and governance. This is why, following the SPO earlier this year, we have decided to increase the number of members of the Board of Directors.”

Read the article online at:

You might also like


[WEBINAR] Stami Digital: Optimising the future of plant operations with digital insights

Stamicarbon, the innovation and licensing company of Maire Tecnimont Group, is committed to a sustainable fertilizer industry, by investing amongst others in innovative digital solutions that turn real-time plant data into meaningful information by using Stamicarbon’s know-how to enhance insights and control and drive continuous optimisation. This webinar will cover the Stami-Digital Operator Training Simulator, the Stami-Digital Process Monitor and the Stami-Digital Optimizer.

Register for your free space today »


Embed article link: (copy the HTML code below):


This article has been tagged under the following:

PhosAgro news