21 Apr 2015 16:11
April 21, 2015
Notice of the amendments to the agenda of the Board of Directors
JSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that the Company's Board of Directors will hold a meeting in praesentia on April 29, 2015.
The agenda includes the following item:
1. Business-plan of RusHydro for 2015-2019.
The Board of Directors will also hold a meeting in absentia on April 29, 2015.
The agenda includes the following items:
1. Approval of the list of investment projects earmarked for technological assessment and price audit in 2015-2016.
2. Combining positions by the Management Board members in the governing bodies of other organizations.
3. Approval of the Company's transactions.
4. Annual analysis of the results of creation of the unified treasury of RusHydro Group.
5. Participation and termination of participation of RusHydro in other organizations.
6. Stationing positions of RusHydro (RusHydro's representatives) on the agenda of the governing bodies of the Company's subsidiaries and affiliates.
7. Procurement policy of RusHydro.
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 37.5 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 the MICEX and RTS stock exchanges, 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.