29 Mar 2019 08:22
PJSC ROSSETI
Appointment of Director General at PJSC IDGC of Northern Caucasus
29 March 2019. Moscow, Russia. - PJSC ROSSETI (LSE: RSTI) (the "Company"), the largest electricity transmission and distribution grid company in Russia, today announces that Vitaly Ivanov has been elected Director General of "Interregional Distribution Grid Company of Northern Caucasus", Public Joint Stock Company (the "Subsidiary") effective on 29 March 2019. The appointment was approved by the Subsidiary's Board of Directors at the meeting held on 28 March 2019.
Mr. Ivanov has substantive experience in the industry since 1993, including service as the Director General of the of Public Joint Stock Company "Interregional Distribution Grid Company of Siberia" since 2017, and as the Deputy Director General at the Company from 2013 till 2016.
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For further information:
PJSC ROSSETI
Maria Stepanova, Head of IR +7(495) 995 5333 (ext. 3961)
Yulia Martynova, IR +7(495) 995 5333 (ext. 3834)
Horizon
Maria Novokreschenova +7 (495) 225 0335
Yaroslav Gryaznov +7 (495) 225 0335 (ext. 1010)
Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of PJSC ROSSETI. 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. 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 industry, as well as many other risks specifically related to PJSC ROSSETI and its operations.