OREANDA-NEWS. Uralkali (LSE: URKA, “the Company”) informs that the Company has been notified by the ICT Group of Companies that its President, Alexander Nesis, has sold Uralkali’s stake controlled by him.

According to ICT representatives, the shares were sold in several small stakes on and off the market, with buyers representing several portfolio investors. They also explained that the funds received from the sale of shares will be used to finance projects in railway transportation.

The Company has also received a notice from Alexander Malakh, deputy CEO of ICT Group and a member of the Board of Directors of Uralkali, on his withdrawal from Uralkali’s Board.

The shareholder structure of Uralkali as of 26 July 2013 is as follows:

Beneficiary

Shareholding in Uralkali

Suleiman Kerimov

17.2%

Filaret Galchev

7.0%

Anatoly Skurov

4.8%

Wadge Holdings

12.5%

Free float*

58.5%

*Includes shares acquired by subsidiaries of Uralkali which are accounted for as treasury shares for the purposes of the Group’s consolidated financial statements prepared in accordance with IFRS.