11 Jan 2017 15:08
NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION WHERE ACCESSING THESE MATERIALS IS UNLAWFUL.
January 11, 2017, Moscow, Russia.
RusHydro placed 0.08% of additional share issue following execution of the pre-emptive right by shareholders
PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces the results of execution of pre-emptive right to acquire Company's shares of additional issue (state registration number 1-01-55038-Е-042D of December 7, 2016) by eligible shareholders.
During the pre-emptive right period RusHydro placed 33,348,661 additional shares priced at RUB 1 per share, or 0.08% of the total volume of additional issue (40,429,000,000 shares with a par value of RUB 1).
RusHydro's shareholders as at December 2, 2016, could exercise the pre-emptive right from December 13th to December 28th. During this period shareholders could submit applications to acquire the Company's shares of additional issue pro rata their shareholding in the Company's charter capital and pay for the shares in cash.
Thus, the amount of funds contributed to RusHydro's charter capital totaled RUB 33,348,661.
The start date of the second stage of placement, open subscription, will be determined later, 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
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