Uralkali Announces EGM Decisions
OREANDA-NEWS. On 4 April 2014 Uralkali (LSE: URKA; the Company) held its Extraordinary General Meeting of Shareholders (EGM) in the town of Berezniki (Perm region, Russia).
Uralkali's shareholders decided to:
approve a significant loan from Sberbank,
amend Uralkali's Charter.
Amendments to Uralkali's Charter will be published on the Company's website after their registration.
Uralkali is one of the world's largest potash producers with a share of about 20% in global potash production. The Company's assets consist of 5 mines and 7 ore-treatment mills situated in the towns of Berezniki and Solikamsk (Perm Region, Russia). Uralkali employs ca.11,800 people (in the main production unit). Uralkali's shares and GDRs are traded on the Moscow Exchange and LSE, respectively.