RusHydro’s shares inclusion in T+2 on the MICEX
March 21 2013 - 8:13AM
OTC Markets
RusHydro’s shares to be included in T+2 settlement on
the Moscow Exchange
JSC RusHydro announces that the Company’s shares
(state registration number 1-01-55038-Е of February 22, 2005) will
be included in the introduction of a T+2 market with partial
collateral and deferred settlement of trades on the Moscow Exchange
from March 25, 2013.
The deferred settlement of trades is an
internationally accepted standard applied in foreign trading
venues. According to the Moscow Exchange moving to T+2 will make
Russian assets more accessible to foreign investors, which is very
important for increasing liquidity on the Russian market and help
the investors to achieve operational cost savings and risk
reduction.
RusHydro shares will be included in T+2 settlement at
the first stage of this trading system implementation as one of the
most liquid securities traded on the Moscow Exchange.
For more information:
JSC RusHydro, Investor Relations
Department
Tel. +7 (495) 225-3232 ext. 1319, 1394,
1607
ir@rushydro.ru
DISCLAIMER
This announcement does
not contain or constitute an offer of, or the solicitation of an
offer to buy or subscribe for, securities. The securities referred
to herein may not be offered or sold in the United States absent
registration under the US Securities Act of 1933, as amended (the
“Securities Act”) or another exemption from, or in a transaction
not subject to, the registration requirements of the Securities
Act.
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,"
"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 and rapid technological and market changes
in our industries, as well as many other risks specifically related
to RusHydro and its operations.
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