Agenda of the Board of Directors on June 21, 2018
PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces the agenda of the Board of Directors meeting to be held in joint attendance on June 21, 2018.
The agenda includes the following items:
1. On matters related to the implementation of the investment project "Construction of two single-circuit overhead lines 110 kV Pevek-Bilibino (construction phase No. 1)."
1.1. On the progress of implementation of the investment project "Construction of two single-circuit overhead lines 110 kV Pevek-Bilibino (construction phase No. 1)."
1.2. On determining the price of placement of additional shares of the Company.
1.3. On increasing the authorized capital of the Company by placing additional shares within the number of declared shares.
1.4. On approval of the Decision on the additional issue of securities.
1.5. On approval of the Securities Prospectus.
2. On the participation of the Company in other organizations: Participation of the Company in the authorized capital of Chukotenergo JSC by means of the acquisition of additional registered ordinary uncertified shares of Chukotenergo JSC.
3. On approval of the report on the functionality and results of internal assessment of the corporate system of internal control and risk management.
4. On the results of an independent evaluation of the activities of the Board of Directors of RusHydro.
The information on decisions of the Board of Directors will be made available in compliance with regulatory requirements.
RusHydro Group is one of Russia's largest generating companies. RusHydro is the leading producer of renewable energy in Russia with over 70 generating facilities in Russia and abroad. The company also manages a number of R&D, engineering and electricity retail companies. Group's thermal assets are operated by subsidiary - RAO Energy System of East in the Far East of Russia. Total electricity generation capacity of the Group is 39.0 GW, heat capacity - 16.2 thousand GCal/h.
Russian Federation owns 60.6% in RusHydro, the rest is held by other institutional and individual shareholders (over 360,000). The company's stock is traded on Moscow Exchange (MOEX), and included in MSCI EM и MSCI Russia indexes. Company's GDRs in the IOB section of LSE, ADRs - in OTCQX.
For more information:
Investor Relations Department
Tel. +7 (800) 333 8000 ext. 1607, 1319, 1304
The information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of RusHydro. One can identify forward-looking statements by terms such as "expect," "believe," "anticipate," "plan", "aim", "target", "forecast", "project", "should", "estimate," "intend," "will," "could," "may" or "might," the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially from these statements. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic and political conditions, our competitive environment, risks associated with operating in Russia and rapid technological and market changes in our industries, as well as many other risks specifically related to RusHydro and its operations.
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