OREANDA-NEWS. The Board of Directors of RAO "UES of Russia" took a number of decisions aimed at completing the creation of the target structure of OAO "TGC-11". The Board instructed RAO UES representatives at OAO "TGC-11", OAO "Omsk Electricity Generation Company", and OAO "Tomskenergo" to vote FOR the merger of OAO "Omsk Electricity Generation Company" and OAO "Tomskenergo" with and into OAO "TGC-11".

Also, the Board of Directors instructed the representatives of RAO "UES of Russia" at OAO "TGC-11" to vote FOR increasing the company's authorized capital. OAO "TGC-11" will additionally issue 1.1 trillion ordinary shares, par value RUB0.01 each, worth a total of RUB11 billion.

The shares will be placed in exchange for shares in OAO "Omsk Electricity Generation Company" and OAO "Tomskenergo".