Source - RNS
RNS Number : 3801R
PJSC Inter RAO UES
14 June 2018
 

Results of the Board of Directors meeting of Inter RAO

Moscow, June 14th, 2018 - (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 held on June 13, 2018 by absentee voting.

The Board of Directors considered and adopted the following resolutions:

-     Defining the priorities of the Company's activities: forwarding the funds received by Inter RAO from the sale of shares of JSC "Irkutskenergo", the payment of dividends by the results of the 2017 financial year and on amendments to the business plan of the Company for the year 2018:

 

Approve the direction of the funds received by Inter RAO from the sale of shares of JSC "Irkutskenergo" to the payment of dividends by the results of the 2017 reporting year in the amount of 13,612 million rubles in response to the recommendations of the Board of Directors dated March 15, 2018 (minutes dated March 15, 2018 No. 219) and decision of the Annual General meeting of shareholders on the issue "On payment (announcement) of dividends upon results of 2017" dated March 21, 2018.

Approve amendments to the Business plan of Inter RAO for the year 2018, providing for the direction of the funds received by Inter RAO from the sale of shares of JSC "Irkutskenergo" to the payment of dividends by the results of the 2017 reporting year in the amount of 13,612 million rubles.

 

-     Approval of the combining of the Chairman or Member of the Management Board of Inter RAO positions in the management bodies of other organizations:

Approve the combining of the Chairman of the Management Board of Inter RAO and the Deputy Chairman of the Management Board of Inter RAO positions in the management bodies of other organizations.

 

-     Approval of the amended Regulations on the procedure for regulated procurements of goods, works, services for needs of Inter RAO:

Approve the amended Regulations on the procedure for regulated procurements of goods, works, services for needs of Inter RAO.

 

-     Consideration of the report of the Management Board of Inter RAO on implementation of professional standards into the activities of the Company in accordance with the Directive of the Federal Property Agency dated July 20, 2016 № DP-11/29995:

Consider the interim report of the Management Board of Inter RAO on implementation of professional standards into the activities of the Company in accordance with the Directive of the Federal Property Agency dated July 20, 2016 № DP-11/29995.

 

-     Determination of price and consent for conclusion of related-party transactions:

Determine the price and consent conclusion of related-party transactions.

 

-     Determination of Inter RAO (its representatives') standpoint on issues of the agendas of the management bodies of legal entities controlled by the Company that are significant for the Company's business:

Determine the Inter RAO (its representatives') standpoint on issues of the agendas of the management bodies of legal entities controlled by the Company that are significant for the Company's business.

 

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 Sidelnikova                 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 approximately 33.5 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

 


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