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Details
| Name | Acron |
| Placement specification | common stock, GDR |
| Placement type | SPO |
| Subscription type | Public offering |
| Start of placement | 23.07.2008 |
| Status | Completed |
| End of placement | 12.08.2008 |
| Placement amount | 30 000 |
| Placement volume, mln. USD | 3 |
| Upper bound, USD | 150.00 |
| Lower bound, USD | 120.00 |
| Offering price, â USD | 90.00 |
| Price change from the placement date | -48.44% |
| Trading floor | London Stock Exchange, MICEX |
| Investment banks | Alfa Capital Markets, Morgan Stanley, UniCredit |
| Capitalisation at the moment of placement, mln. USD | 4 292 |
| Country of operation | Russia |
| Industry | Chemicals and petrochemicals |
| Offering Memorandum |
Additional information
10 GDRs representing an interest in 1 Share. Offering price GDR = $9
Issuer
Acron is a fast-growing group of interrelated companies and one of the leading global mineral fertiliser producers. The Group’s key business segments include ammonia, nitrogen and complex mineral fertilisers, as well as organic and non-organic compounds.
Acron (Veliky Novgorod), the first company in the Group, was established in 1961. Today, the Group includes three major production facilities, has its own logistics infrastructure and international sales network, and is investing in its own raw material base. The Group employs more than 13,000 people.
Acron Group is a member of the International Fertilizer Industry Association, the European Fertiliser Import Association and the Russian Fertiliser Association.
Acron Holding is one of the largest fertilizer producers in Russia.
Acron (Veliky Novgorod), the first company in the Group, was established in 1961. Today, the Group includes three major production facilities, has its own logistics infrastructure and international sales network, and is investing in its own raw material base. The Group employs more than 13,000 people.
Acron Group is a member of the International Fertilizer Industry Association, the European Fertiliser Import Association and the Russian Fertiliser Association.
Acron Holding is one of the largest fertilizer producers in Russia.
Web-site: to the issuer site
Issuer news
-
13.10.2011
Cbonds: Fitch Affirms JSC Acron at 'B+'; Outlook Stable
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27.09.2011
Cbonds: Acron buys back Series 02 bonds
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12.09.2011
Cbonds: Acron sets coupons 5-8 on Series 02 bonds
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27.07.2011
Investfunds: Acron Plans to Produce Own Phosphates, Take Back Share // The Moscow Times
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06.07.2011
Cbonds: Acron registers placement reports on Series 04 and 05 bonds
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15.06.2011
Cbonds: Moody's assigns a definitive B1 rating to Acron's domestic bond
-
07.06.2011
Cbonds: VTB Capital successfully closes a CNYRUB cross-currency swap deal for OJSC “Acron”
Stock details
| Stock | Acron |
| Type | common stock |
| Par value, RUR | 5 |
| State registration number | 1-03-00207-A |
| ISIN | RU0009028674 |
| Announced volume | 47 687 600 |
| Capitalization, mln. RUR | 67 955 |
| Free-float | 0.2 |
London Stock Exchange
Ticker:
AKRN
Quotation list:
IOB
MICEX
Ticker:
AKRN
Quotation list:
B
RTS
Ticker:
AKRN
Quotation list:
B
Price dynamics
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