OREANDA-NEWS.  Besides, on January 31 the Board of Directors should approve the resolution on issue of securities and prospectus of securities

The Board of Directors of JSC IDGC of the North-West was offered to approve a new organizational structure of the company at the meeting which takes place on January 31 in the form of absentee voting.

The presented draft organizational structure was developed in view of the status of JSC IDGC of the North-West as an operational company which will be granted to the Company as a result of reorganization in the form of joining of the distributive network companies to it.
Besides, issues on approval of the resolution on issue of securities and prospectus of securities are included in the agenda of the Board of Directors of JSC IDGC of the North-West.

The resolution on increase in the authorized capital of JSC IDGC of the North-West by 9, 568, 700, 000 rubles by converting shares of seven DGC and placement of additional ordinary registered shares in the amount of 95, 687, 000, 000 pieces having par value equal to 0.1 ruble was adopted on December 25, 2007 by the Management Board of RAO UES executing functions of the general meeting of shareholders of IDGC of the North-West.