FGC-Rosseti plans a additional issue of 903 billion shares

Board of Directors of FGC-Rosseti has proposed the placement of 902,955,975,944 additional shares through a closed subscription in favor of the Federal Property Management Agency. Purpose of the additional issue is to pay for the state-owned shares in territorial network organizations and other electricity network assets. Number of additional shares has been determined based on the estimated placement price of one share, which is equal to the nominal value of ₽0.5 per share. Shareholder meeting on the issue of the additional issue will be held on June 26.