RusHydro extends the open subscription to shares of additional issue until August 15, 2013
JSC RusHydro (ticker symbol: RTS, MICEX, LSE: HYDR; OTCQX: RSHYY) announces extension of the period of the open subscription to Company’s shares of additional issue (state registration number 1-01-55038-Е-041D of December 3, 2012) through August 15, 2013 (inclusively).
The decision to extend open subscription was made in connection to the specific procedure of obtaining assets as per the issuance documents.
Bids to acquire RusHydro’s shares can be submitted every day from 10:00 to 17:00 Moscow time, except Saturday, Sunday and non-working public holidays, to JSC IK EVROFINANSY: Shabolovka str., 10, bld. 2, Moscow, Russia, 119049 or directly to RusHydro: Malaya Dmitrovka str., 7, Moscow, Russia, 127006.
In accordance with article 8.3 of the “Decision on additional share issue”, RusHydro reserves the right to accept or decline received offers.
The increase of RusHydro’s share capital by issuance and placement through open subscription of 110 bn additional ordinary shares with a par value of RUR 1 was approved by the EGM on November 16, 2012. For more information on additional share issue please visit the Company’s website: http://www.eng.rushydro.ru/investors/stock-market/shares.
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