RusHydro held Capital Markets Day in Moscow
December 8, 2016. Moscow, Russia. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) held its Capital Markets Day in Moscow on December 8, 2016, hosted by Nikolay Shulginov, Chairman of the Management Board – General Director of RusHydro, Management Board members, and a number of members of the Company’s Board of Directors and Committees of the Board of Directors.
RusHydro’s management presented RusHydro Group development strategy, including capital raising aimed at refinancing of RAO ES East debt, measures to optimize operating and capital expenses and areas of the Group’s efficiency improvement, RusHydro’s long-term incentive plan, and answered a number of questions from investors, analysts and journalists.
Among key events of 2016 Nikolay Shulginov mentioned the Board of Directors’ approval of RusHydro’s capital increase to refinance RAO ES East debt and completion of two major transactions related to sale of assets not directly involved in the Company’s core business for a total amount of RUB 15 bn, which will be used to finance the Company’s priority operating and investment activities.
Capital Markets Day presentations are available at the Company’s website.
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.
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