24 Jul 2017 14:42
July 24, 2017
RusHydro has paid the dividend for 2016
PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces completion of dividend payment to nominee shareholders for the full year 2016.
The accrued dividend for 2016 totaled RUB 19,875,502,787.41 or RUB 0.0466245 per share. Total dividend paid out to nominee shareholders who are professional participants of the securities market registered in the shareholder register amounted to RUB 7,518,898,768.65. Dividend in the amount of RUB 12,324.90 was not paid due to incorrect bank details.
Dividends should be distributed to nominee shareholders who are professional participants of the securities market registered in the shareholder register within 10 business days from the dividend record date (i.e. no later than July 24, 2017), and to other persons registered in the shareholder register within 25 business days from the dividend record date (i.e. no later than August 14, 2017).
The outstanding dividend will be paid within 25 business days from the dividend record date. The information on dividend payment will be made available in compliance with regulatory requirements.
The Annual General Meeting of shareholders resolved to pay dividends for 2016 in the amount of RUB 0.0466245 per share for the year ended December 31, 2016, on June 26, 2017.
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 38.9 GW, heat capacity - 16.2 thousand GCal/h.
Russian Federation owns 60.56% 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.