PJSC RusHydro: Russian Federation increases its stake in RusHydro

DJ PJSC RusHydro: Russian Federation increases its stake in RusHydro

PJSC RusHydro (HYDR) 
PJSC RusHydro: Russian Federation increases its stake in RusHydro 
 
07-Oct-2020 / 13:47 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. 
 
             Russian Federation increases its stake in RusHydro 
 
 PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that 
   it has received a notification from the Russian Federation represented by 
  the Federal Agency for State Property Management (hereinto - shareholder), 
      confirming that shareholder has increased its share in the Company via 
                                  acquisition of an interest in the Company. 
 
As of September 14, 2020 the shareholder held 271,161,535,606 shares in PJSC 
 RusHydro, representing 61.73% of the share capital and voting rights in the 
   Company. The Shareholder previously held 60.56% stake in PJSC RusHydro or 
                                                     258,161,535,606 shares. 
 
The amount of shares in indirect disposal has not changed and constitutes of 
      60,306,441,314 or 13.73% of the share capital and voting rights in the 
                                                                    Company. 
 
 Thus, the shareholder has the right to dispose of 331,467,976,920 shares in 
  PJSC RusHydro, representing 75.46% of the share capital jointly with other 
    shareholders - VTB Bank (PJSC) (INN 7702070139) and JSC Hydroinvest (INN 
                                                                7814382859). 
 
                                                              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. [phone] ext. 1304 
 
                                                              [e-mail] 
 
      The information in this press release may contain projections or other 
  forward-looking statements regarding future events or the future financial 
     performance of RusHydro. 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 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 
 conditions, our competitive environment, risks associated with operating in 
 Russia, rapid technological and market change 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.:   85558 
EQS News ID:    1139423 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

October 07, 2020 07:47 ET (11:47 GMT)