Change of RusHydro’s interest in Yakutskenergo
May 24 2013 - 8:55AM
OTC Markets
Change of RusHydro’s interest in
Yakutskenergo
RusHydro announces that it has reduced its stake in
Yakutskenergo.
RusHydro’s ownership of Yakutskenergo’s voting shares held indirectly via
the Company’s subsidiary RAO ES of East has been reduced from
57.6267% to 49.3657%
The total number of votes accrued to the voting shares
of Yakutskenergo has
been changed due to decision of the Annual General Meeting
of shareholders of the company (AGM), held on May 23,2013, on the
dividend omissions. As a result, the holders of preferred shares of
Yakutskenergo can
exercise voting right starting from the next meeting after the
AGM.
For more information:
JSC RusHydro, Investor Relations
Department
Tel. +7 (495)
225-3232
ext. 1319, 1607
ir@rushydro.ru
DISCLAIMER
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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