OREANDA-NEWS. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that the Company's Extraordinary Shareholder meeting (EGM), scheduled for December 25, 2015, was recognized inquorate.

The EGM agenda included issues on increase of the Company’s share capital, issue of guarantee to secure obligations of RAO ES of the East to the Russian Federation through signing guarantee agreement and implementation of transaction aimed at raising funds in the amount of RUB 85 bn from VTB Bank (PJSC) in order to refinance debt of RAO ES of the East Holding.

RusHydro will continue implementation of measures aimed at maintaining financial stability of RAO ES of the East.

The Company is already undertaking steps aimed at mitigating risks related to RAO ES of the East Holding’s debt.