19 Jun 2018 07:49
Agenda of the Board of Directors on June 25, 2018
PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces the agenda of the Board of Directors meeting to be held in absentia on June 25, 2018.
The agenda includes the following items:
1. Intermediate results of the fulfillment of the Company's Business Plan for 2018 with consideration for the actual results for Q1 2018 (including reports on the fulfillment of the Investment Program (including the Complex Modernization Program for Generating Facilities).
2. Approval of the report on the fulfillment of the Annual Complex Procurement Program of RusHydro for Q1 2018.
3. Consideration of the reports on the performance results of the Committees of the RusHydro Board of Directors for the 2017-2018 corporate year.
4. Consideration of the Report on the Company Management Board's Activities for 2017.
5. Priority areas of the Company's activities.
6. Performance by the Company of a transaction associated with the gratuitous transfer of the Company's assets to third parties.
7. Approval of the Company's internal documents.
The information on decisions of the Board of Directors will be made available in compliance with regulatory requirements.
About RusHydro
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
ir@rushydro.ru
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.