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PJSC RusHydro (HYDR)
PJSC RusHydro: Notice of occurrence of controlled company with significant
importance to RusHydro
15-March-2019 / 14:30 CET/CEST
Dissemination of a Regulatory Announcement that contains inside information
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer / publisher is solely responsible for the content of this
announcement.
Notice of occurrence of controlled company with significant importance to
RusHydro
March 15, 2019. Moscow, Russia. PJSC RusHydro (ticker symbol: MOEX, LSE:
HYDR; OTCQX: RSHYY) announces that JSC «FEGC» has become a controlled
organization with significant importance to RusHydro.
Full corporate name, location, INN (if applicable), and OGRN (if applicable)
of the entity with respect to which the issuer has become a controlling
entity: Joint Stock Company Far-Eastern Grids Company (JSC «FEGC»), Russian
Federation, Amur region, Blagoveshchensk, INN 2801108200, OGRN
1052800111308.
Type of control over the organization in relation to which the Issuer is a
controlling entity (direct control, indirect control): indirect control.
Basis on which the Issuer controls the entity in which the issuer has become
a controlling entity: participation in the entity controlled by the Issuer.
Nature of control over the organization in relation to which it has become a
controlling entity: the right to control over 50 percent of votes in the
supreme management body of the company controlled by the issuer.
The Issuer's shareholding in the authorized capital of the entity in which
the issuer has become a controlling entity and, if such entity is a
joint-stock company, also the share of ordinary shares of such entity held
by the issuer,%: 0/0.
In the case of indirect control, all the Issuer's controlled companies
successively (the chain of companies under direct or indirect control of the
Issuer) through which the Issuer controls the company in relation to which
it has become a controlling entity. Full name, location, INN (if
applicable), and OGRN (if applicable) shall be specified for each such
company:
PJSC RusHydro exercises indirect control as a result of its 84.39% share in
the authorized capital of its controlled entity, Joint Stock Company RAO
Energy Systems of the East (Khabarovsk Krai, Khabarovsk, INN 2801133630,
OGRN 1087760000052);
Joint Stock Company RAO Energy Systems of the East owns 51.03% share in the
authorized capital of its controlled entity, Public Joint Stock Company
Far-Eastern Energy Company (Vladivostok, Russia, INN 2723088770, OGRN
1072721001660);
Public Joint Stock Company Far-Eastern Energy Company owns 100% share in the
authorized capital of its controlled entity, Joint Stock Company Far-Eastern
Grids Company.
Date of occurrence of the grounds owing to which the issuer exercises
control over the entity with respect to which it has become the controlling
entity: October 28, 2011.
Date of occurrence of the grounds owing to which the entity controlled by
the issuer has become of material importance for the issuer: date of
execution of the issuer's consolidated financial statements, based on the
data of which the entity with respect to which the issuer has become the
controlling entity accounts for no less than five percent of the
consolidated value of assets or no less than five percent of consolidated
income - March 14, 2019.
About RusHydro
RusHydro Group is one of Russia's largest generating companies. RusHydro is
the leading producer of renewable energy in Russia with over 400 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 39.4 GW, heat
capacity - 18.5 thousand GCal/h.
Russian Federation owns 60.6% 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 - 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
The information in this press release may contain projections or other
forward-looking statements regarding future events or the future financial
performance of PJSC "RusHydro" ("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.
ISIN: US7821834048, RU000A0JPKH7
Category Code: MSCL
TIDM: HYDR
LEI Code: 2534005TJN9DX4YWVT97
OAM Categories: 2.2. Inside information
Sequence No.: 7831
EQS News ID: 788079
End of Announcement EQS News Service
(END) Dow Jones Newswires
March 15, 2019 09:30 ET (13:30 GMT)
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