Aleksandr Petrov's Agrovalley Limited increased its stake in IMC to 70.88%

A legal entity Agrovalley Limited, controlled by Aleksandr Petrov, Chairman of the Board of the IMC, purchased on September 18, 2018, a total of 90 000 thou. shares in IMC S.A. at a fixed price of 12.6 PLN per share.

Following the transaction, the total shareholding of Agrovalley Limited increased to 23 516 265 shares. Such shareholding is equivalent to 70.88% of total shares outstanding.

Note: the number of registered shares of IMC — 33.178 million.

Previously the IMC company reported a USD 24.33 million net profit in 1H 2018 against USD 30.29 million in the corresponding period in 2017.