DJ PJSC RusHydro: Results of the Annual General Meeting of Shareholders of RusHydro
PJSC RusHydro (HYDR)
PJSC RusHydro: Results of the Annual General Meeting of Shareholders of RusHydro
01-Jul-2021 / 11:51 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.
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Results of the Annual General Meeting of Shareholders of RusHydro
PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces results of the Annual General Meeting of
shareholders (AGM) held in absentia on June 30, 2021
Quorum of the General Meeting of Participants (Shareholders) of the Issuer:
Quorum on issues No. 1-4, 7-9 of the Agenda
Number of votes held by the persons included in the list of persons entitled to participate in the Meeting -
439,288,905,849
Number of votes corresponding to the voting shares of the Company determined with regard to the provisions of Clause
4.24 of the Regulations on the General Meetings of Shareholders (approved by Bank of Russia Regulation No. 660-P dated
November 16, 2018) - 439,288,905,849
Number of votes held by persons participating in the Meeting - 380,752,092,814
Quorum (%)- 86.6746%
A quorum on the given issues was reached.
Quorum on issue No. 5:
Number of cumulative votes held by the persons included in the list of persons entitled to participate in the Meeting -
5,710,755,776,037
Number of cumulative votes corresponding to the voting shares of the Company determined with regard to the provisions
of Clause 4.24 of the Regulations on the General Meetings of Shareholders (approved by Bank of Russia Regulation No.
660-P dated November 16, 2018) - 5,710,755,776,037
Number of cumulative votes held by the persons participating in the Meeting - 4,944,926,667,682
Quorum (%)-86.5897%
A quorum on the given issue was reached.
Quorum on issue No. 6 of the Agenda
Number of votes held by the persons included in the list of persons entitled to participate in the Meeting -
439,288,905,849
Number of votes corresponding to the voting shares of the Company determined with regard to the provisions of Clause
4.24 of the Regulations on the General Meetings of Shareholders (approved by Bank of Russia Regulation No. 660-P dated
November 16, 2018) - 439,288,898,933
Number of votes held by persons participating in the Meeting - 380,752,092,814
Quorum (%)- 86.6746%
A quorum on the given issue was reached.
Agenda of the Meeting:
1. Approval of the Company annual report for 2020.
2. Approval of the Company annual accounting (financial) statements as of 2020 year-end.
3. Approval of the Company profit distribution as of 2020 year-end.
4. On the amounts, due dates and forms of dividend payment on the basis of performance for 2020, and on fixing the
date of record for persons entitled to dividends.
5. Election of members of the Board of Directors of the Company.
6. Election of members of the Internal Audit Commission of the Company.
7. Approval of the Company's Auditor.
8. Approval of the redrafted RusHydro Articles of Association.
9. Approval of the redrafted Regulation on payment of remunerations and compensations to RusHydro members of the
Board of Directors.
Results of voting on the issues of the agenda of the General Meeting of Participants (Shareholders) of the Issuer on
which a quorum was reached, and the formulations of decisions made by the General Meeting of Participants
(Shareholders) of the Issuer on the given issues:
Item No. 1: Approval of the Company Annual Report for 2020.
Number of votes cast for each of the voting options:
FOR - 361,563,061,171 (94.9602%)
AGAINST - 3,575,514 (0.0009%)
ABSTAINED - 19,145,562,008 (5.0284%)
Number of votes that were not counted due to recognition of the respective ballots as null and void and on other
grounds: 39,894,121
Resolution adopted:
To approve the Company's Annual Report for 2020, which is a part of the materials for the Meeting, posted on the
RusHydro corporate website www.rushydro.ru *.
Item No. 2: Approval of the Company annual accounting (financial) statements as of 2020 year-end.
Number of votes cast for each of the voting options:
FOR - 361,567,169,354 (94.9613%)
AGAINST - 3,485,563 (0.0009%)
ABSTAINED - 19,145,623,125 (5.0284%)
Number of votes that were not counted due to recognition of the respective ballots as null and void and on other
grounds: 35,814,772
Resolution adopted:
To approve the Annual Accounting (Financial) Statements of the Company, for 2020, which is a part of the materials for
the Meeting, posted on the RusHydro corporate website www.rushydro.ru *.
Item No. 3: Approval of the Company profit distribution as of 2020 year-end.
Number of votes cast for each of the voting options:
FOR - 361,560,218,261 (94.9595%)
AGAINST - 1,301,570 (0.0003%)
ABSTAINED - 19,128,614,325 (5.0239%)
Number of votes that were not counted due to recognition of the respective ballots as null and void and on other
grounds: 61,958,658
Resolution adopted:
To approve the following distribution of profit of the Company as of 2020 year-end:
(mln.RUB)
Retained earnings (loss) of the reporting period 35,959.4
To be distributed on: the Reserve Fund 1,798.0
Development of the Company 10,857.9
Dividends 23,303.5
Item No. 4: On the amounts, due dates and forms of dividend payment on the basis of performance for 2020, and on fixing the date of record for persons entitled to dividends.
Number of votes cast for each of the voting options:
FOR - 361,588,070,944 (94.9668%)
AGAINST - 202,975 (0.0001%)
ABSTAINED - 19,127,428,730 (5.0236%)
Number of votes that were not counted due to recognition of the respective ballots as null and void and on other grounds: 36,390,165
Resolution adopted:
To pay dividends on ordinary shares of the Company based on the results of 2020 in the amount of RUB 0.0530482 per one share.
Form of payment of dividends: monetary.
To establish July 10, 2021 (the 10th day from the date of the decision to pay dividends) as the date on which the persons entitled to receive dividends shall be determined.
The dividend payment period for a nominee holder or beneficial owner that is a securities market professional registered in the Company's shareholder register shall not exceed 10 business days, and for other persons registered in the Company's shareholder register it shall not exceed 25 business days from the date when the persons entitled to dividends are determined.
Item No. 5: Election of members of the Board of Directors of the Company.
Number of votes for cumulative voting cast for each candidate:
Number of FOR votes
No. Full name of the candidate
(vote distribution by candidate)
FOR: the distribution of votes by candidates
1. Yuriy Petrovich Trutnev 347,691,718,850
2. Maksim Sergeyevich Bystrov 343,044,479,900
3. Vyacheslav Viktorovich Pivovarov 342,861,312,741
4. Nikolay Grigoryevich Shulginov 341,054,989,225
5. Victor Viktorovich Khmarin 340,318,709,628
6. Alexander Viktorovich Shevchuk 340,044,446,086
7. Pavel Sergeyevich Grachev 331,886,681,404
8. Nikolay Dmitriyevich Rogalev 328,300,975,060
9. Dmitry Nikolaevich Snesar 328,250,809,524
10. Alexey Yurevich Pavlov 328,225,479,104
11. Aleksey Olegovich Chekunkov 328,222,185,047
12. Pavel Nikolaevich Snikkars 328,214,491,184
13. Natalia Olegovna Filippova 328,193,659,189
14. Alexey Vladimirovich Kozlov 302,663,619,055
FOR - 4,658,973,555,997
AGAINST all candidates - 984,919,594
ABSTAINED on all candidates - 284,543,049,270
Number of cumulative votes that were not counted due to recognition of the respective ballots as null and void and on other grounds: 425,142,821
Resolution adopted:
To elect the following persons to the Board of Directors of RusHydro:
1. Yury Petrovich Trutnev
2. Maksim Sergeyevich Bystrov
3. Vyacheslav Viktorovich Pivovarov
4. Nikolay Grigoryevich Shulginov
5. Victor Viktorovich Khmarin
6. Alexander Viktorovich Shevchuk
7. Pavel Sergeyevich Grachev
8. Nikolay Dmitriyevich Rogalev
9. Dmitry Nikolaevich Snesar
10. Alexey Yurevich Pavlov
11. Aleksey Olegovich Chekunkov
12. Pavel Nikolaevich Snikkars
13. Natalia Olegovna Filippova
Item No. 6: Election of members of the Internal Audit Commission of the Company.
Number of votes cast for each of the voting options for each candidate:
Candidate: Natalya Nikolayevna Annikova
FOR - 361,449,076,710 (94.9303%)
AGAINST - 75,581,603 (0.0199%)
ABSTAINED - 19,175,064,575 (5.0361%)
Number of votes that were not counted due to recognition of the respective ballots as null and void and on other grounds: 52,369,926
Candidate: Alexey Vladimirovich Kulagin
FOR - 360,873,749,633 (94.7792%)
AGAINST - 648,726,602 (0.1704%)
ABSTAINED - 19,174,936,795 (5.0361%)
Number of votes that were not counted due to recognition of the respective ballots as null and void and on other grounds: 54,679,784
Candidate: Jakub Hadzimuratovich Malsagov
FOR - 360,863,665,566 (94.7765%)
AGAINST - 655,003,772 (0.1720%)
ABSTAINED - 19,176,097,916 (5.0364%)
Number of votes that were not counted due to recognition of the respective ballots as null and void and on other grounds: 57,325,560
Candidate: Igor Nikolayevich Repin
FOR - 361,418,609,437 (94.9223%)
AGAINST - 101,823,119 (0.0267%)
ABSTAINED - 19,176,571,840 (5.0365%)
Number of votes that were not counted due to recognition of the respective ballots as null and void and on other grounds: 55,088,418
Candidate: Ilya Nikolayevich Khazov
FOR - 360,876,607,117 (94.7799%)
AGAINST - 646,844,901 (0.1699%)
ABSTAINED - 19,176,367,770 (5.0365%)
Number of votes that were not counted due to recognition of the respective ballots as null and void and on other grounds: 52,273,026
Resolution adopted:
To elect the following members to the Company's Internal Audit Commission: 1. Nataliya Nikolayevna Annikova 2. Alexey Vladimirovich Kulagin 3. Jakub Hadzimuratovich Malsagov 4. Igor Nikolayevich Repin 5. Ilya Nikolayevich Khazov
Item No. 7: Approval of the Company's Auditor.
Number of votes cast for each of the voting options:
FOR - 361,257,324,808 (94.8799%)
AGAINST - 280,904,869 (0.0738%)
ABSTAINED - 19,175,937,985 (5.0363%)
Number of votes that were not counted due to recognition of the respective ballots as null and void and on other grounds: 37,925,152
Resolution adopted:
To approve Joint Stock Company PricewaterhouseCoopers Audit (OGRN 1027700148431) as the Auditor of the Company.
Item No. 8: Approval of the redrafted RusHydro Articles of Association.
Number of votes cast for each of the voting options:
FOR - 361,492,753,581.5/10 (94.9418%)
AGAINST - 73,529,046 (0.0193%)
ABSTAINED - 19,148,059,577. 5/10 (5.0290%)
Number of votes that were not counted due to recognition of the respective ballots as null and void and on other grounds: 37,750,609
Resolution adopted:
To approve the Articles of Association of PJSC RusHydro in the new edition, which is a part of the materials for the Meeting, posted on the RusHydro corporate website www.rushydro.ru *.
Item No. 9: Approval of the redrafted Regulation on payment of remunerations and compensations to RusHydro members of the Board of Directors.
Number of votes cast for each of the voting options:
FOR - 361,433,850,071.5/10 (94.9263%)
AGAINST - 113,007,790 (0.0297%)
ABSTAINED - 19,167,049,019.5/10 (5.0340%)
Number of votes that were not counted due to recognition of the respective ballots as null and void and on other grounds: 38,185,933
Resolution adopted:
To approve the Regulation on Payment of Remunerations and Compensations to the Members of the Board of Directors of PJSC RusHydro in the new edition, which is a part of the materials for the Meeting, posted on the RusHydro corporate website www.rushydro.ru *.
*the expression "materials for the Meeting" shall mean information (materials) to be provided to persons entitled to participate in the annual General Meeting of Company Shareholders on the results of 2020, when preparing for the Meeting.
About RusHydro
RusHydro Group is the leading producer of renewable energy in Russia. It is Russia's largest generating company and is the third hydropower company in the world with over 400 generating facilities. The Group's total electricity generation capacity including Boguchanskaya HPP is 38.0 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. 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: AGM TIDM: HYDR LEI Code: 2534005TJN9DX4YWVT97 OAM Categories: 2.2. Inside information Sequence No.: 114900 EQS News ID: 1214418 End of Announcement EQS News Service =------------------------------------------------------------------------------------ Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1214418&application_name=news
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July 01, 2021 06:41 ET (10:41 GMT)
