Russia's UES To Hold Board Meeting Feb 29

Russias UES To Hold Board Meeting Feb 29
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Τετ, 13 Φεβρουαρίου 2008 - 03:38
Former electricity monopoly RAO Unified Energy System, or UES, (EESR.RS) will hold a board meeting Feb. 29, the company said in a statement Wednesday.

Former electricity monopoly RAO Unified Energy System, or UES, (EESR.RS) will hold a board meeting Feb. 29, the company said in a statement Wednesday.

The board will consider issues including treasury shares disposal, the minimum price for shares of territorial generation company OAO TGK-11 (TGKK.RS), formation of the united distribution company based on OAO MOESK (MSRS.RS), and matters connected with the OAO TGK-14 (TGKN.RS) share offering.

UES will also discuss the results of the market valuation of Russian Communal Systems, known as RKS. RAO UES plans to auction off its 25%-plus-one-share stake in RKS in March.

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