OJSC Enel Russia changed legal type to PJSC Enel Russia

Published on Saturday, 25 July 2015

Moscow, June 25th, 2015 – Today the Inspectorate of the Federal Tax Service of Russia for Verkh-Isetskiy District of Yekaterinburg has registered the change of the company’s legal type to Public Joint-Stock Company Enel Russia fr om Open Joint-Stock Company Enel Russia. The company’s abbreviated new name is PJSC Enel Russia.

The decision to change the legal type of the company was adopted by the Annual General Shareholders’ Meeting on June 17th, 2015 wh ere an amended version of the company’s Charter was approved. These changes occurred due to the amendments to Chapter 4 of the Civil Code of the Russian Federation, which were enacted in September 2014, and introduced a new classification of commercial companies. Joint-stock companies will be renamed as public joint-stock company (PJSC) if (a) their shares, or securities that are convertible into shares, are either placed by public offering or are publicly traded; or (b) their charter and corporate name indicate that the company is public.

The company’s corporate identity remains unchanged – PJSC Enel Russia will continue to use the Enel logo, like most of the Enel Group's companies.

An Enel Group subsidiary, PJSC Enel Russia operates the following power plants: Konakovskaya GRES, Nevinnomysskaya GRES, Sredneuralskaya GRES and Reftinskaya GRES. The company’s total gross installed electrical capacity is 9,428.7 MW (equivalent to 8,878.4 MW net installed capacity) and thermal capacity is 2.382 Gcal/h. PJSC Enel Russia’s authorised capital is 35,371,898,370 roubles, which is divided into ordinary shares with a par value of 1 rouble. The Enel Investment Holding B.V. share in the company’s authorised capital is 56.43%, PFR Partners Fund I Limited’s share is 19.03%, Prosperity Capital Management Limited’s share is 8.23%, VTB Bank’s share is 3.87% and other minority shareholders’ share is 12.44%. PJSC Enel Russia shares are listed in Level 1 MICEX quotation list. The company was established in Yekaterinburg on October 27th, 2004 as OJSC OGK-5. On July 7th, 2009 by the resolution of Annual General Shareholders’ Meeting the company was renamed OJSC Enel OGK-5 and on August 8th, 2014 the Federal Tax Service registered the new version of the company’s charter with the name OJSC Enel Russia. On June 25th, 2015 the company changed its legal type and was renamed PJSC Enel Russia.