RAO "UES OF RUSSIA" TODAY

EQUITY STRUCTURE OF RAO "UES OF RUSSIA"

RAO "UES of Russia" is one of the largest joint-stock companies in Russia. The Russian Federation holds a controlling interest in the Company.

 

 

As at 31 December 2002, the share capital of OAO RAO "UES of Russia" made RUB 21.558 billion, and was divided into 43,116,903,368 shares of RUB 0.50 par value each, including 41,041,753,984 ordinary and 2,075,149,384 preferred shares.

139,989,946 shares were placed in the first issue in 1993, and 42,976,913,422 shares in the second issue in 1995.

The State owns 22,657,866,385 shares, or 52.55% of shares outstanding. The Company has 363,286 shareholders.

Major shareholders (as of 31 December 2002)

Stake, %

  
Ministry of Property Relations of the Russian Federation

52.5498

Non-profit Partnership "National Depository Center" (nominee)

11.5762

ING Depository/ "ING Bank (Eurasia) ZAO" (nominee)

10.8547

Closed Joint-Stock Company "Depository Clearing Company" (nominee)

6.7075

Limited Liability Company "Deutsche Bank" (nominee)

6.4350

 

 

Number of shares held by the State
(as of 31 December 2002)

2000

2001

2002


Ordinary shares
Federal property - total

22,512,343,161

22,512,343,161

22,512,343,161

       out of which:
       RF Ministry of Property Relations  

22,116,562,026

22,116,562,026

22,512,329,609

       Russian Federal Property Fund

395,767,583

395,767,583

0

       Regional Property Funds

13,552

13,552

13,552


Preferred shares
Federal property - total

145,523,224

145,523,224

145,523,224

       out of which:
       RF Ministry of Property Relations

140,711,032

140,711,032

145,523,224

       Russian Federal Property Fund

4,812,192

4,812,192

0

       Regional Property Funds

0

0

0

 

Shareholdings structure
(as of 31 December 2002)

Shareholding

Number of shareholders

Number of nominees

Ordinary shares Preferred shares: Ordinary shares Preferred shares
  
1 – 10,000

325,336

71,982

17

19

10,001 – 100,000

14,548

12,397

20

20

100,001 – 1,000,000

1,403

225

39

23

1,000,001 – 10,000,000

208

32

22

15

over 10,000,000

26

8

33

5

TOTAL

341,521

84,644

131

82

 

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