RusHydro’s shares of additional issue start trading on Moscow Exchange
JSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that starting today the Company’s shares of additional issue (state registration number 1-01-55038-Е-041D of December 3, 2012) are included in the Quotation list ‘A’, Level 1 on MOEX.
The number of shares of additional issue that were placed and paid totaled 68,617,944,796 priced at RUB 1 per share.
The consolidation of additional share issue with the principal issue should be authorized by the Bank of Russia in 3 months after the state registration of the report on share issue results (expected in the end of March 2014). After that, the Company’s shares of additional issue will trade within the Quotation list ‘A’, Level 1 on MOEX as a part of the principal issue.
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