RusHydro Makes Notice of Management Shareholding
OREANDA-NEWS. September 06, 2011. JSC RusHydro (ticker symbol: RTS, MICEX, LSE: HYDR; OTCQX: RSHYY) announces that a number of members of the Management Board increased their holdings in the Company's share capital, reported the press-centre of RusHydro.
The following members of the Management Board notified the Company that they had increased their shareholdings:
Holding before change Holding after change
Mikhail Mantrov 0.00073% 0.03%
Konstantin Bessmertny 0% 0.005%
Yuri Gorbenko 0.0004% 0.005%
Stanislav Savin 0% 0.0035%
The members of the Management Board acquired the shares from the market at their own expense.
Member of the Management Board, head of sales division, Stanislav Savin commented: "Despite the temporary instability of the securities markets, I'm convinced that shares of RusHydro is a great investment. The initiatives and projects that are being carried out by the Company accrue its shareholder value, which will be eventually appreciated by the market".
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