22 Nov 2016 08:45
November 22, 2016. Moscow, Russia.
Agenda of the Board of Directors on November 22, 2016
PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces the agenda of the Board of Directors meeting to be held on November 22, 2016.
The agenda includes the following items:
1. Approval of the report on implementation of the innovative development program of RusHydro for 2011-2015 with an outlook for 2021 in 2015.
2. Approval of the innovative development program of RusHydro for 2016-2020 with an outlook for 2025.
3. Implementation of the long-term development Program of RusHydro Group in the 1st half of 2016.
4. Approval of the long-term development Program of RusHydro Group for 2016-2020.
5. On the Company's priorities.
6. On the Company's priorities: approval of transactions structures aimed to refinance PJSC RAO ES East debt.
7. The item is qualified as confidential matter of the agenda.
8. Determination of price of placement of RusHydro's shares of additional issue.
9. On increase of RusHydro's charter capital (in relation to RusHydro's shares of principal issue, state registration number 1-01-55038-Е of February 22, 2005).
10. Approval of decision on additional issue of RusHydro's shares.
11. Approval of the Company's securities Prospectus.
12. On the Company's priorities: on transactions with the Company's shares owned by the companies of RusHydro Group.
13. Stating positions of PJSC RusHydro (RusHydro's representatives) on the agenda issue of JSC Hydroinvest board meeting: approval of major transaction made by JSC Hydroinvest.
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 38.6 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.