RusHydro wins grand prix for best overall investor relations in Russia in Extel Pan-Europe 2012
JSC RusHydro (ticker symbol: MICEX-RTS, LSE: HYDR; OTCQX: RSHYY) won grand prix for best overall investor relations (IR) among Russian & CIS mid cap companies in Extel Pan-Europe 2012. Head of IR, Maxim Novikov, was ranked #1 among IR officers.
RusHydro's Chairman of the Management Board, Evgeny Dod, was ranked #2 for IR among CEOs. In sector rankings RusHydro was awarded 1st place among Russian utilities companies.
In a second consecutive year, RusHydro becomes a nominee of this prestigious award by IR Magazine Russia & CIS following the results of voting organized by Thomson Reuters Extel. Over 9,000 investors and 2,500 research analysts from all over the world took part in the survey. The winners among Russian and CIS companies have been chosen after vote count by 359 participants from 221 institutions (among them 37% are from Russia, 20% - from UK, 11% - from US). The online voting was held from March 19th to May 4th, 2012.
In 2011, RusHydro was ranked #1 among electric utilities companies, while Evgeny Dod was in the top-3 among CEOs.
RusHydro is very proud of this achievement, which affirms its leading position on the market. We are grateful to everyone who supported us and cast their votes for RusHydro. 2011 was a tough and challenging year for the whole utilities sector, but we felt that it was the right time to leverage our communications efforts to alleviate the concerns of the market participants and explain all the latest and upcoming developments in the company and in the sector.
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.
Shares / ADR