Relationship with shareholders and investors
Strong engagement programme
of the Company’s potential value and long-term sustainability
on PhosAgro’s strategic priorities and progress we have made
to improve liquidity, share price and borrowing costs
to a variety of capital market instruments
on how our corporate governance systems work
through a dialogue with investors
to the UN Sustainable Development Goals
At PhosAgro, we are committed to transparency and consistency, and maintain an ongoing dialogue with the investor community through a variety of communication channels and with involvement of the Company’s senior management and independent directors.
We keep the market abreast of the Company’s performance by publishing quarterly operational and financial results that are made available to investors via press releases, presentations, conference calls and webcasts. On top of that, we take every opportunity to answer investors’ questions and gather feedback from market players by participating in conference calls.
In 2022, the Company did not conduct its ESG investor survey due to the macroeconomic challenges, but it plans to reinstate this practice in 2023. The survey is expected to be conducted every two years. The first survey took place in 2020.
A well-developed Eurobond programme helps reinforce PhosAgro's position in the public debt market, while also ensuring the lowest cost of funding.
In 2022, the Company continued to stay in touch with retail investors by holding conference calls with the assistance of major Russian brokers.
Why we interact
Four main purposes
for which PhosAgro interacts with the investment community
- Provide investment community with reliable and relevant information on the key aspects of the Company’s operations, its development plans and long-term goals.
- Identify risks and opportunities for the Company as seen from the perspective of members of the investment community after they have analysed the provided information.
- Communicate investor feedback to the management to form the internal position and tweak/work out a development strategy that would mitigate major risks and unlock the Company’s potential.
- Monitor the progress against the Company’s development strategy and present its results to the public.
How we interact
The Company interacts with the investment community in a variety of ways.
Virtual non-deal roadshows covering general topics for broader investor audiences and deal roadshows relating to Eurobond offerings and ESG disclosures, etc.
One-on-one calls with investors.
Online investor conferences.
Surveys of the Company’s perception by different investor categories, including ESG-oriented groups.
Selective communication with members of the analyst community to raise their awareness of the Company’s operations.
Interaction with credit and ESG rating agencies.
Regulatory press releases.
Annual General Meetings of Shareholders and formal reporting.
Corporate website of the Company.
A dedicated in-house investor relations team.