PJSC RusHydro: RusHydro placed 49.95% of additional share issue following execution of the preemptive right by shareholders

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RusHydro placed 49.95% of additional share issue following execution of the preemptive right by shareholders

May 20, 2019. Moscow, Russia. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces the results of execution of pre-emptive right to acquire Company's shares of additional issue (state registration number 1-01-55038-Е-043D of August 27, 2018, ISIN RU000A0ZZJY9) by eligible shareholders.

The Central Bank of the Russian Federation has registered additional issue of ordinary shares of RusHydro and the Securities Prospectus on August 27, 2018.

The decision to increase PJSC RusHydro's authorized capital by placing additional shares has been approved by the Board of Directors on June 21, 2018 at the placement price of RUB 1 per share.

In accordance with articles 40, 41 of the Federal Law on Joint Stock Companies shareholders of RusHydro had a pre-emptive right to acquire additional shares in the amount pro rata their shareholdings in the Company.

During the pre-emptive right period, RusHydro placed 7,000,092,298 additional shares, or 49.95% of the total volume of additional issue (14,013,888,828 shares with a par value of RUB 1).

RusHydro's shareholders as of July 2, 2018, could exercise the pre-emptive right from April 19, 2019 to May 13, 2019. During this period shareholders could submit applications to acquire the Company's shares of additional issue pro rata their shareholding in the Company's charter capital and pay for the shares in cash.