PJSC RusHydro (HYDR)
PJSC RusHydro: Notice of change in share of affiliate
11-Jun-2020 / 08:40 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 is solely responsible for the content of this announcement.
Notice of change in share of affiliate
June 11, 2020. Moscow, Russia. PJSC RusHydro (ticker symbol: MOEX, LSE:
HYDR; OTCQX: RSHYY) announces that indirect ownership of shares of PJSC DEK
(Vladivostok, Russia, INN: 2723088770, OGRN: 1072721001660) changed from
51.13% to 89.17%.
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 DEK by the organization controlled by the Issuer - of JSC DGK.
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 of 178,714,322 ordinary shares, which constitutes 1.04% of votes;
indirect disposal of 8,805,814,298 ordinary shares, which constitutes 51.13%
of votes; total disposal of 8,984,528,620 ordinary shares, which constitutes
52.17% 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 178,714,322 ordinary shares, which constitutes 1.04% of
votes; indirect disposal of 15,357,307,693 ordinary shares, which
constitutes 89.17% of votes; total disposal of 15,536,022,015 ordinary
shares, which constitutes 90.20% 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: June 10, 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: June 11, 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. The Group's total electricity generation capacity
including Boguchanskaya HPP is 38 GW.
For more information:
Investor Relations Department
Tel. +7 (495) 122 0555 ext.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.: 69071
EQS News ID: 1067847
End of Announcement EQS News Service
(END) Dow Jones Newswires
June 11, 2020 02:40 ET (06:40 GMT)
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