print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all RusHydro press releases

RusHydro

August 30, 2010

Trading of RusHydro American Depositary Receipts commences on OTCQX platform

RusHydro (RTS, MICEX: HYDR; LSE: HYDR; OTCQX: RSHYY) Russia's largest power-generating company, today announced that its American Depositary Receipts (ADRs), each representing 100 RusHydro ordinary shares, began trading on the OTCQX trading platform on August 30, 2010.

Up to now, RusHydro's ADRs have been traded in the U.S. over-the-counter (OTC) market with prices published in the "Pink Sheets."  To maintain a high level of transparency and disclosure in line with global best practice, RusHydro has joined the OTCQX International Premier market tier - the highest tier of the U.S. OTC market.

Investors can find current financial disclosure and real-time Level 2 quotes for RusHydro on www.otcqx.com and www.otcmarkets.com.

Currently ADRs account for 9.34% of the Company Charter capital.

"We are pleased to welcome RusHydro, Russia's biggest hydro-generating company, to OTCQX," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "As the fourth Russian company on OTCQX, RusHydro has chosen to provide its U.S. investors with quality disclosure  and trading transparency on the highest tier of the OTC market."

BNY Mellon, which acts as depositary for RusHydro's ADR program, will serve as RusHydro's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on listing requirements.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer