PJSC RusHydro (HYDR)
PJSC RusHydro: Notice of change in share of affiliate
07-Feb-2020 / 07:27 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 change in share of affiliate
February 07, 2020. Moscow, Russia. PJSC RusHydro (ticker symbol: MOEX, LSE:
HYDR; OTCQX: RSHYY) announces that following a number of related corporate
actions its direct ownership of PJSC "Kamchatskenergo"
(Petropavlovsk-Kamchatskiy, Russia, INN: 4100000668, OGRN: 1024101024078)
changed from 0% to 13.93%, indirect ownership of shares of PJSC
"Kamchatskenergo" changed from 98.74% to 84.83%.
The grounds on which the issuer has received the right to dispose of a
certain number of votes attached to the voting shares (interests)
constituting the company's authorized capital: acquisition of an interest in
PJSC "Kamchatskenergo".
Number and percentage of votes attached to the voting shares (interests)
constituting the company's authorized capital that the issuer had the right
to dispose of before the effective date of the relevant grounds: direct
disposal 0 shares/ 0%; indirect disposal of 41,491,176,561 ordinary shares
and 13,987,324 preferred shares, which constitutes 98.74% of votes.
Number and percentage of votes attached to the voting shares (interests)
constituting the company's authorized capital to which the issuer received
the right of disposal after the effective date of the applicable grounds:
direct disposal of 6,814,515,328 ordinary shares, which constitutes 13.93%
of votes; indirect disposal of 4 1,491,176,561 ordinary shares and
13,987,324 preferred shares, which constitutes 84.83% of votes; total
disposal of 48,305,691,889 ordinary shares and 13,987,324 preferred shares,
which constitutes 98.76% of votes.
Effective date of the grounds based on which the issuer has received the
right to dispose of a certain number of votes attached to the voting shares
(interests) constituting the company's authorized capital: date of
registration of the report on additional issue of securities of PJSC
"Kamchatskenergo" February 06, 2020.
Date on which the issuer learned of the grounds based on which the issuer
received the right to dispose of a certain number of votes that constitutes
5% or has become more than 5%, 10%, 15%, 20%, 25%, 30%, 50%, 75%, or 95% of
the total votes attached to the voting shares (interests) constituting the
company's authorized capital: February 06, 2020.
About RusHydro
RusHydro Group is the leading producer of renewable energy in Russia. It is
Russia's largest generating company and is the fourth in the world with over
400 generating facilities in Russia and Armenia. The Group's total
electricity generation capacity including Boguchanskaya HPP is 39.8 GW.
Russian Federation owns 61.20% in RusHydro, the rest is held by other
institutional and individual shareholders (over 360,000). The company's
stock is traded on the Moscow Stock Exchange. Company's GDRs in the IOB
section of LSE, ADRs - in OTCQX.
For more information:
Investor Relations Department
Tel. +7 (495) 122 0555 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 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: MSCM
TIDM: HYDR
LEI Code: 2534005TJN9DX4YWVT97
OAM Categories: 2.2. Inside information
Sequence No.: 45300
EQS News ID: 970363
End of Announcement EQS News Service
(END) Dow Jones Newswires
February 07, 2020 01:27 ET (06:27 GMT)
