28 Dec 2017 14:49
Statement of material fact on resolutions adopted by the issuer's Board of Directors
Insider information notice
1. General information | |
1.1. Full corporate name of the issuer | Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro |
1.2. Abbreviated corporate name of the issuer | PJSC RusHydro |
1.3. Issuer's location | Krasnoyarsk, Krasnoyarsk Territory |
1.4. Issuer's OGRN (Primary State Registration Number) | 1042401810494 |
1.5. Issuer's INN (Taxpayer Identification Number) | 2460066195 |
1.6. Issuer's unique code assigned by the registration body | 55038-Е |
1.7. Address of the web page used by the issuer to disclose information | http://www.e-disclosure.ru/portal/company.aspx?id=8580, http://www.rushydro.ru |
2. Content of the Statement | |||||||||||
2.1. Quorum of the meeting of the Board of Directors of the Issuer and results of voting on the agenda items: Quorum of the meeting of the Board of Directors of the Issuer is present. Voting results: Item 1: For - 11, Against - 0, Abstain - 0. Item 2: For - 10, Against - 0, Abstain - 0. Item 3: For - 10, Against - 0, Abstain - 0.
2.2. Content of resolutions adopted by the Board of Directors of the Issuer:
Item 1: On the Business Plan of PJSC RusHydro for the years 2018 - 2022.
Draft resolution: 1. To approve the Business Plan of PJSC RusHydro for the year 2018 (Annex 1 to the Minutes). 2. To approve the investment program of PJSC RusHydro for 2018 (Annex 2 to the Business Plan of PJSC RusHydro for the years 2018 - 2022); 3. To approve the planning data for the objects of investment of PJSC RusHydro and new construction sites of its subsidiaries taken into account for calculating KPI of the members of the Management Board of PJSC RusHydro, "Meeting Schedules of Commissioning of New Facilities and Plan for Financing and Development, %" for 2018 (Annex 2a to the Business Plan of PJSC RusHydro for 2018 - 2022). 4. To take note of the Business Plan of PJSC RusHydro for 2019 - 2022 (Annex 1 to the Minutes) including the Investment Programme of PJSC RusHydro for 2019 - 2022 (Annex 2 to the Business Plan of PJSC RusHydro for 2018 - 2022).
Item 2: On approval of the List of Annual Key Performance Indicators of the members of the Management Board of PJSC RusHydro for 2018, the target values of annual key performance indicators of the members of the Management Board of PJSC RusHydro for 2018.
Draft resolution: 1. To approve and give effect to, as from 01.01.2018: - The list of key performance indicators of the members of the Management Board of PJSC RusHydro for 2018 (Annex 2 to the Minutes). - Target values of key performance indicators of the members of the Management Board of PJSC RusHydro for 2018 (Annex 3 to the Minutes). - Target values of key performance indicators of the Long-Term Incentive Programme of PJSC RusHydro of the second cycle for 2018 - 2020 (Annex 4 to the Minutes). - Methodology for calculation and assessment of key performance indicators of the Long-Term Incentive Programme of PJSC RusHydro (Annex 5 to the Minutes). 2. To establish that the calculation and assessment of the annual key performance indicators of the members of the Management Board of PJSC RusHydro for 2018 (lines 1 and 2 of paragraph 1 of this resolution) shall be made according to the Methodology for calculation and assessment of key performance indicators of the members of the Management Board of PJSC RusHydro, approved by the decision of the Board of Directors of the Company of 23.12.2016 (Minutes No. 245 of 26.12.2016), as amended on 18.04.2017 (Minutes No. 251 of 18.04.2017).
Item 3: On approval of the Annual Comprehensive Procurement Plan of the PJSC RusHydro for 2018.
Draft resolution: To approve the Annual Comprehensive Procurement Plan of the PJSC RusHydro for 2018 (Annex 6 to the Minutes).
2.3. The date of holding the Meeting of the Issuer's Board of Directors, at that the relevant resolutions were adopted: 26 December 2017. 2.4. Date of drawing up the Minutes of the Meeting of the issuer's Board of Directors, at that the relevant resolutions were adopted, and its number: 28 December 2017 No. 264 | |||||||||||
3. Signature | |||||||||||
3.1. Director of Department Corporate management; and property management of PJSC RusHydro (by virtue of Power of Attorney No. 3878 of 10.02.2017) |
S.S. Koptyakov | ||||||||||
(signature) |
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3.2. Date " | 28 | " | December | 2017. | L.S. | ||||||
The information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of RusHydro. You can identify forward looking statements by terms such as "expect," "believe," "anticipate," "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 conditions, our competitive environment, risks associated with operating in Russia, rapid technological and market change in our industries, as well as many other risks specifically related to RusHydro and its operations.