FEDERAL HYDRO-GENERATING COMPANY - RUSHYDRO
the basis of competitive procedures (competitive selection, capital project
bidding) conducted in accordance with the WECM Rules and Joining Contract
provisions.
Due to the specifics of building relations between companies on the WECM,
the Company has no opportunity to influence the selection of potential
counterparties.
In view of the above, M. S. Bystrov has no opportunity to influence the
material terms of conclusion of the said contracts/agreements.
** 61.73% of the RusHydro ordinary shares are owned by the Russian
Federation represented by the Federal Agency for State Property Management,
and 12.95% of the RusHydro ordinary shares are owned by VTB Bank (PJSC)
which is also controlled by the Russian Federation. The data are given
subject to outstanding shares of the additional issue No. 1-01-55038-E-043D
dated August 27, 2018.
*** M. S. Bystrov is the SO UES JSC Board member, as well as the ATS JSC
Management Board Chairman and Member of the Board of Directors, and the
Management Board Chairman and Supervisory Board Member at NP Market Council
Association. CFR JSC (through ATS JSC) and Market Council TC ANO, are
controlled entities of NP Market Council Association.
**** Karachaevo-Cherkesskenergo JSC and Kabbalkenergo JSC are controlled
entities of Rosseti PJSC, the Board of Directors whereof includes M. S.
Bystrov.
***** STC UPS Protivoavariynoe Upravlenie JSC is a controlled entity of UES
Research Center JSC, the Board of Directors whereof includes M. S. Bystrov.
****** M. S. Bystrov is a member of the Board of Directors of Rosseti PJSC,
which controls PJSC FGC UES.
******* By resolution of the NP Market Council Association Supervisory Board
(previous name - NP ATS) dated November 30, 2007, since April 01, 2008, ATS
JSC has been charged with performing functions of the wholesale market
commercial operator regarded, under Article 33, Clause 1 of the Russian
Federal Law on the Electric Power Industry, as a wholesale market commercial
infrastructure organization.
6.4. Confidential.
Adopted Resolution: Confidential.
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. 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.: 90380
EQS News ID: 1157449
End of Announcement EQS News Service
(END) Dow Jones Newswires
December 24, 2020 09:45 ET (14:45 GMT)
