Reference is made to the announcement made yesterday on 24 August 2022 regarding completion of the demerger of Yara International ASA ("Yara") in connection with the internal reorganization and transfer of Yara's Clean Ammonia business to a wholly owned subsidiary of Yara through a demerger and a subsequent triangular merger.
The triangular merger whereby the intermediate company Yara Clean Ammonia NewCo AS is merged with Yara Clean Ammonia Holding AS has now been registered as completed in the Norwegian Register of Business Enterprises. As a result of completion of the merger, the share capital of Yara is increased through an increase of the nominal value of each share. The new share capital of Yara is NOK 433,033,565.90, divided by 254,725,627 shares, i.e. as before the demerger.
Thus, following completion of the demerger and the triangular merger, Yara's shareholders will have the same number of shares in the company, and the nominal value of the shares in Yara will be the same as before the demerger and triangular merger.
