Source - RNS
RNS Number : 6666M
PJSC Inter RAO UES
17 October 2016
 

Results of the Board of Directors meeting of Inter RAO

Moscow, October 17, 2016 - Public Joint Stock Company "Inter RAO UES" ("Inter RAO", "Company", ticker on MOEX: IRAO), the largest diversified utilities holding in Russia, announces the results of the Board of Directors meeting of Inter RAO ("Board of Directors") held on October 14, 2016 by absentee voting.

The Board of Directors considered and adopted the following resolutions:

-     Approval of the Succession plan of the members of the Board of Directors and members of the Board:

Approve the Succession plan of the members of the Board of Directors and members of the Management Board for 2016-2017 years.

-     On recommendations for improvement of the activities of the Board of Directors and its Committees on the basis of the Report on the results of the independent evaluation of the work of the Board of Directors of the Company:

Approve recommendations of the Human Resources and Remuneration Committee of Company's Board of Directors for improvement of the activities of the Board of Directors and its Committees on the basis of the Report on the results of the independent evaluation of the work of the Board of Directors of the Company.

-     On early termination of powers of certain members of the Strategy and Investments Committee of the Board of Directors of Inter RAO and the definition of quantitative structure of the Strategy and Investments Committee of the Board of Directors of Company:

Terminate the powers of Riccardo Puliti as the member of the Strategy and Investments Committee of the Board of Directors of Inter RAO.

Define the quantitative structure of the Strategy and Investments Committee of the Board of Directors of Company in amount of 9 (nine) persons.

-     Approval of the terms of the contract of Inter RAO with the Registrar:

Approve the terms of the amendment to the contract of Inter RAO with the Registrar.

 

The Board of Directors determined the amount and approved the related-party transactions.

 

The foregoing information is disclosed in compliance with the Securities Act of the Russian Federation.

For further information, please contact Inter RAO:

Larisa Sadovnikova                Head of Investor Relations                +7 495 664-88-40 (ext. 2068)

[email protected]

Anton Nazarov                        Head of Public Relations                  +7 495 664-88-40 (ext. 2208)

[email protected]

Svetlana Chuchaeva                 Head of Corporate Relations            +7 495 664-88-40 (ext.2081)

[email protected] 

Inter RAO is a diversified utilities holding headquartered in Moscow and managing assets in different countries. The company produces and sells electric energy and heat, trades energy on the international market, and engineers, designs and builds generating assets. Inter RAO Group owns and operates above 32 GW of installed power generating capacity. Inter RAO corporate strategy is focused on making the company a global energy enterprise and a key player in the international energy market.

For further information see www.interrao.ru


This information is provided by RNS
The company news service from the London Stock Exchange
 
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