JSC RusHydro announces that the Company's Board of Directors held a meeting in absentia on January 29, 2013. The Board of Directors approved the price (monetary value) of property which can be used as payment for the Company’s additional shares to be placed through open subscription, including in the course of exercise of pre-emptive right to purchase shares: Company | Type of shares | Price per share(RUR) | JSC Ust’-Srednekanskaya HPP | Ordinary | 1.96 | JSC RAO Energy Systems of East | Ordinary | 0.35 | JSC Sakhalin energy company | Ordinary | 736 | JSC Irkutsk electronetwork company | Ordinary | 4.29 | JSC Irkutskenergo | Ordinary | 19.5 |
According to article 34 of the Federal law on Joint Stock Companies the market value of property to be used as payment for RusHydro’s additional shares was determined by the independent appraiser, The Institute for enterprise issues (St. Petersburg).
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