5th May 2015 07:52
Federal Grid Company Announces AGM
Moscow, 5 May 2015 - Federal Grid Company of Unified Energy System ("Federal Grid Company"or "the Company") (Moscow Exchange, LSE: FEES), operator of Russia's Unified National Electric Grid ("UNEG"), announces that its Board of Directors decided on 28 April 2015 that the Company's Annual General Meeting (AGM) will take place at 11:00 (Moscow time) on 26 June 2015 in Moscow at "R&D Center "FGC UES", JSC, Kashirskoe shosse, 22, building 3, 2nd stage. Registration will be open at 09:30 am (Moscow time).
The record date for shareholders entitled to participate in the AGM is 12 May 2015.
In case of questions, please contact: |
Office phone | ||
Egor Toropov | +7 (495) 710 9333 ext. 2275 | |
Aleksey Novikov | +7 (495) 710 9333 ext. 2143 | |
Company's profile
Federal Grid Company that forms a part of Russian Grids JSC Group of companies is the operator of the Unified National Electricity Grid of Russia. The Company manages 138.8 th. km of power lines and has a total transforming capacity of more than 332.1 th. MVA.
The Company is engaged in electric power transmission and provides technological connection services.The Company is the operator of the Unified National Electricity Grid (UNEG) and it is also engaged in technical supervision over grid facilities and infrastructure in 77 regions of the Russian Federation with a total area of more than 15.09 mln sq.km. Clients of Federal Grid Company are regional distributing grid companies, energy suppliers and large industrial corporations.The largest shareholder with a share of 80.13% is Russian Grids JSC.
Federal Grid Company was incorporated in June 2002 as part of the reform of the Russian energy sector.
In 2014 the Company's IFRS consolidated revenue was RUB 173,353 million, while adjusted EBITDA was RUB 107,685 million, and adjusted profit for the period was RUB 40,848 million.
Ordinary shares of Federal Grid Company are included in the MICEX quotation list under FEES ticker; Company's GDRs are quoted at the London Stock Exchange under the same ticker.
For further info, please visit www.fsk-ees.ru. For further info about Russian Grids JSC, please visit www.rugrids.ru
Related Shares:
FEES.L