OREANDA-NEWS. The Board of Directors of RAO “UES of Russia” instructed the Management Board to sell 9,309,706,683 shares in WGC-3 (19.7% of the WGC-3 capital after the additional share offering) held by RAO "UES of Russia" and the Government at a price not lower than the price of WGC-3 additional shares.

The method for the share sale should take into account the cost of arranging the sale of the shares.

The Management Board of RAO "UES of Russia" is to present a progress report on the sale of WGC-3 shares at the next Board meeting, and to submit proposals on the possible uses of the proceeds from the sale.