RusHydro: Results of the Board of Directors on June 25, 2015
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The Board of Directors elected Yuri Trutnev, Deputy Prime Minister and Presidential Plenipotentiary Envoy to the Far Eastern Federal District, as Chairman of the Board.
Yury Trutnev was born on March 1, 1956, in Perm. In 1978 he graduated from the Perm Polytechnical Institute. From 2004 to 2012 Trutnev was Minister of Natural Resources of the Russian Federation. In 2013, he was appointed Deputy Prime Minister and Presidential Plenipotentiary Envoy to the Far Eastern Federal District.
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The Board of Directors approved a share purchase agreement between RusHydro and JSC Federal Grid Company of Unified Energy System (FGC UES) for purchase of shares of JSC Energy Main Computer Center (EMCC), qualified as interested party transaction, and determined the price of 16,280 ordinary shares of EMCC to be acquired under the agreement from FGC UES in the amount of RUB 568,000,000.
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