Rushydro says to launch GDRs on London bourse July 6
ROME, June 4 (Reuters) - Russian hydro-electric company Rushydro (HYDR.MM: Quote, Profile, Research) expects to launch global depositary receipts on the London Stock Exchange starting July 6, Chief Executive Vasily Zubakin said on Thursday.
"I hope that our arrival in London will... allow us to increase the liquidity of our shares and bring further gains for our shareholders," Zubakin told reporters in Rome.
A spokesman said that the July 6 launch was subject to regulatory approval.
Rushydro is the world's second-largest producer of renewable energy after Hydro Quebec. The Russian government holds a 62 percent stake in the company. (Editing by Hans Peters)
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