RusHydro to update the strategy regarding its electricity retail assets
PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY)is taking measures aimed to increase its operating and investment efficiency, improve governance and simplify the Group’s organizational structure. In 2016, the Company plans to update the strategy regarding its electricity retail assets.
The Company invites investors to examine the information regarding the following electricity retail companies controlled by RusHydro Group in the virtual data room:
Participation procedure is described in the official notification distributed on request (requests should be sent to , ).
The governing bodies of PJSC RusHydro will decide on the strategy regarding electricity retail companies based on the results of offers review.
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