Oslo, 29 June 2016: The Yara International ASA Annual General Meeting on 10 May 2016 approved a capital reduction by cancellation of own shares and by redemption of shares held on behalf of the Norwegian State by the Ministry of Trade, Industry and Fisheries.
The share capital of the Company is reduced by NOK 3,171,416.30 from NOK 467,641,727.30 to NOK 464,470,311 by cancellation of 1,190,000 of the Company's own shares and redemption of 675,539 shares owned on behalf of the Norwegian State by the Ministry of Trade, Industry and Fisheries.
The cancellation and redemption has now been carried out as described above. With effect from the implementation of the capital reduction through registration in the Norwegian Register of Business Enterprises, Article 4 of the Company's Articles of Association is amended to read as follows:
The share capital is NOK 464,470,311 divided into 273,217,830 shares, each with a nominal value of NOK 1.70.
Thor Giæver, Investor Relations
Office: (+47) 24 15 72 95
Cellular: (+47) 48 07 53 56
Yara's knowledge, products and solutions grow farmers', distributors' and industrial customers' businesses profitably and responsibly, while protecting the earth's resources, food and environment.
Our fertilizers, crop nutrition programs and technologies increase yields, improve product quality and reduce the environmental impact of agricultural practices. Our industrial and environmental solutions improve air quality by reducing emissions from industry and transportation, and serve as key ingredients in the production of a wide range of goods. We foster a culture that promotes the safety of our employees, contractors and societies.
Founded in 1905 to solve emerging famine in Europe, today, Yara has a worldwide presence, with close to 13,000 employees and sales to more than 150 countries.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.