Results of the Board of Directors on April 6, 2015
JSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that the Company's Board of Directors held a meeting in absentia on April 6, 2015.
The Board of Directors approved the following candidates to the new Board of Directors for upcoming election at the AGM:
The Board of Directors included the following candidates to the new Audit Commission for upcoming election at the AGM:
The Board of Directors included the following items in the agenda of the Company’s Annual General Meeting of shareholders (AGM): approval of the annual report and annual accounting statements, including the use of profit for 2014; dividend payment for 2014 and dividend record date; remuneration of members of the Board of Directors, approval of the amendments to the Regulation on remuneration of members of the Board of Directors of RusHydro, election of members to the new Board of Directors and Audit Commission and approval of the Company's auditor.
The AGM agenda and date will be determined on one of the following meetings of the Board.
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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