Inter UES to Allocate Shares to Option Program for Management
OREANDA-NEWS. September 22, 2009. Russian electricity export and import operator Inter UES, on whose balance treasury shares were listed as a result of asset consolidation, has approved allocation of part of these shares to an option program for management, the company’s press service said.
The decision to launch the option program was adopted by the board of Inter UES, but the company provided no details. Meanwhile, last week, the company’s chairman Evgeny Dod said that Inter UES intends to allocate to the management option program nearly half of about 4% of treasury shares and involve around 100 managers in it. A source at the company said these plans remain unchanged.
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