printable version

RusHydro’s depositary receipts are admitted to trading in repo market section on Moscow Exchange

JSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that the Company’s American Depositary Receipts (ADR) are admitted to trading in repo[1] market section on Moscow exchange (MOEX) starting from April 21, 2014.

It was a result of the new federal law dated December 21, 2013 N379, which facilitated access to repo market of securities not listed in Russia.

Trading of RusHydro’s ADRs on MOEX allows professional participants of Russian securities market to make transactions with the Company’s ADRs, expanding the spectrum of market instruments.

Currently, the total number of RusHydro’s ADRs representing the Company’s shares at a ratio of 1:100 is 201,969,079[2], or 5.23% of the Company’s share capital.

[1] Repurchase agreements (Repo) are bilateral transactions on the purchase (sale) of securities (first part of Repo) under the obligation of reverse purchase (sale) of the same securities in the same amount (second part of Repo) in a period and at a price determined by the conditions of the transaction.

[2] As of April 21, 2014.

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.
Your application has been accepted. The answer will be prepared and sent within 20 calendar days. ok