Moscow-JSC Uralkali has raised some $948 million from its recent IPO on the London Stock Exchange. Shares were valued at $3.50 and global depositary receipts (1 GDR equals 5 ordinary shares) at $17.50. Uralkali offered 270.8 million shares, representing 12.75 percent of the company’s issued share capital. Uralkali shares are also traded on the Russian Trading System.