Notice of RusHydro’s legal entity name change
JSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that theFederal Law № 99-FZ of May 5, 2014, “On amendments to the 4th chapter of the first part of the Civil Code of the Russian Federation and on repealing certain provisions of the legislative acts of the Russian Federation” came into effect on September 1, 2014 (the “Amendments”). According to the Amendments, Russian open joint stock companies which shares are publicly traded are now deemed to be public joint stock companies. JSC RusHydro’s shares are publicly traded on Moscow Exchange (MOEX) and therefore JSC RusHydro is now deemed to be the public joint stock company (PJSC). JSC RusHydro’s global depository receipts (GDRs) are traded on London Stock Exchange (LSE), American depository receipts (ADRs) – in OTCQX. JSC RusHydro will amend its charter accordingly in due course.
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