RusHydro announces open subscription for additional share issue
May 28, 2020. Moscow, Russia. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces open subscription of additional share issue (state registration number 1-01-55038-E-043D dated August 27, 2018).
Offers to purchase shares can be submitted from the date of publication of the invitation to submit offers in the regulatory filing on Interfax wire and on the Company’s website and no later than 25 business days prior to expiration of a 2-year term since the date of the state registration of shares of additional issue.
RusHydro reserves the right to prolong the period of accepting offers, by amendments the decision on the issue of shares and their registration in the Central Bank of Russia. In this case, RusHydro will make relevant notifications.
The offers will be collected by RusHydro. In accordance with section 8.3 of the Decision on additional issue of RusHydro’s shares, the Company reserves the right to accept or decline received offers on its own discretion.
Additional information is available on the Company’s website at: http://www.eng.rushydro.ru/investors/stock-market/shares/additional-share-issue-2018-14-013-bln-shares
The Group is implementing the project for construction of high-voltage overhead lines in light of upcoming reconstruction of the Chaun-Bilibino power system following decommissioning of the Bilibinskaya nuclear power plant. Construction of 110 kV lines is essential for the development of the power system of Chukotka Autonomous Region as well as for general sustainable development of the Far East power system
Shares / ADR