OREANDA-NEWS. June 22, 2012. IDGC of Urals, OAO (MICEX: MRKU) reports on the results of BoD session.
 
Placement of commercial papers
The Board of Directors adopted a resolution on the placement of documentary non-convertible bearer series BO-01 commercial papers with obligatory centralized custody. Besides, the BoD also approved the Issue Resolution and Prospectus.
 
Approval of an underwriter
The BoD also approved Sogaz, as an underwriter responsible for public liability insurance for damages caused by disadvantages in engineering works influencing the security of capital construction facilities.
 
Determination of the Company's (representatives') positions on agenda issues of the GSM and BoD sessions of the SACs

The Board of Directors entrusted its representatives in the SACs to vote "FOR" while adopting the following resolutions: approval of 2012 business plan (SB Permenergo,), approval of 1Q 2012 reports on business plan and KPI completion (EESK, and EES,), as well as approval of 2011 profit and loss distribution (Energy Service Company of Urals,).