Depository receipts of PJSC RusHydro were excluded from the list of securities admitted to trading on the London Stock Exchange (LSE) on August 2, the energy company said. We are talking about the program GDR and ADR „RusHydro”.
In early July, RusHydro notified the depositary bank BNY Mellon of the termination of the contract and delisting from the LSE.
RusHydro shares have been traded on the LSE since 2009. The LSE stopped trading in the company’s receipts in early March.
As of the end of 2020, shares of PJSC RusHydro in the form of ADRs and GDRs were traded outside of Russia in the amount of 5.84 billion units, which accounted for 1.33% of the company’s authorized capital.
PJSC RusHydro unites more than 60 hydroelectric power plants in Russia, thermal power plants and power grid assets in the Far East, as well as power supply companies and research and design institutes. The installed capacity of the power plants that are part of RusHydro, including the Boguchanskaya HPP, is more than 38 GW.