According to the company, Ammofos-Maxam OJSC will pay 6,069.72 soums of dividends per ordinary share with par value of 5,000 soums.

Number of ordinary shares, on which dividends are paid, makes up 987,872, the company said.

Ammofos-Maxam open joint stock company is located in Almalyk, Tashkent region. The plant was commissioned in 1969. The enterprise is the largest producer of nitrogenous phosphatic mineral fertilizers in Uzbekistan. It meets 85% of demand of agriculture sector in phosphate fertilizers.

Spain’s Maxam Corp. acquired 49% stake in Ammofos-Maxam OJSC for US$18 million in January 2008. It also undertook investment obligation for US$30 million, which will be directed to modernization of existing capacities.