12 Apr 2017 07:32
April 12, 2017
Agenda of the Board of Directors on April 18, 2017
PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces the agenda of the Board of Directors meeting to be held in absentia on April 18, 2017.
The agenda includes the following items:
1. Review of performance reports of the Board of Directors' Committees for the 2nd half of 2016.
2. Approval of report on public technological and price audit of investment projects for 2016, including results of consolidated analysis of audits and findings of public hearings.
3. Amendments to long-term development program of RusHydro Group.
4. On execution of decision of the Company's Board of Directors "Regarding proposals aimed at improved methodology for KPIs calculation and assessment in reference to compliance with timeline of capacity commissioning and financing plan".
5. On approval of combining functions of an individual executive body and members of the management boards of other entities, as well as other paid positions in other entities.
6. On the Company's priority activities.
7. On canceling participation in other organizations.
8. On determining position of PJSC RusHydro representatives in governance bodies of subsidiaries.
9. On approval of Report on organization of PJSC Insurance protection in 2016.
The information on decisions of the Board 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 38.7 GW, heat capacity - 16.2 thousand GCal/h.
Russian Federation owns 66.8% 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
DISCLAIMER
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.