During 2017 the Company had no transactions, recognized by the Federal Joint-Stock Companies’ Law as major transactions, and had two related-party transactions.
Related-party transactions worth less than 2% of the book asset value:
|Transaction date||Approval (authorization) date||Authorizing authority||Subject of transaction and its principal conditions||Related parties, reasons for affiliation|
|22.05.2017||28.04.2017||OAO IDGC of Urals Board of Directors (Minutes No.224 dated as of 28.04.2017)||A services contract between the Company and AO Upravlenie VOLS-VL is concluded under the following significant conditions: The Parties: OAO IDGC of Urals - the Client. AO Upravlenie VOLS-VL – the Operator. The Subject: The Operator shall provide the Client with services and the Client shall accept the services and pay for them in a manner stated by the contract. The list of the services and additional rights and liabilities of the Parties shall be specified by additional agreements and order forms for services stipulated by relevant additional agreements. The Price: The price shall not exceed RUB 224,161,727.92, plus VAT. The term of the contract and service period: The Contract shall come into force since the signing by the Parties and be in force for 3 years. The service period shall be stipulated in additional agreements and/or order forms for services.||Related parties, reasons for affiliation:
Yulia Vitalyevna Yascheritsyna (she serves on the Boards of Directors of IDGC of Urals and Upravlenie VOLS-VL)
Vladimir Vladimirovich Sofyin (he serves on the Boards of Directors of IDGC of Urals and Upravlenie VOLS-VL).
|Additional agreement No.1 dated as of 28.07.2017||22.07.2017||OAO IDGC of Urals Board of Directors (Minutes No.238 dated as of 22.07.2017)||
Additional agreement to service contract No.125/2016 dated as of 07.12.2016 between the Company and ООО Uralenergotrans is concluded under the following conditions:
OAO IDGC of Urals – the Lessee.
ООО Uralenergotrans – the Lessor.
The Lessor shall transfer into Lessee’s temporal possession and usage motorized vehicles, as stated in revised Appendix No.1, without driving, maintenance and exploitation services, and the Lessee, in its turn, shall accept the vehicles, use them for production and commercial purposes and pay the rental fee to the Lessor in amount and terms, stipulated by motorized vehicles rental contract No.125/2016 dated as of 07.12.2016 and additional agreement No.1.
The value of motorized vehicles rental contract No.125/2016 dated as of 07.12.2016 and additional agreement No.1 shall not exceed RUB 99,985,766.00, incl. 18% VAT – RUB 15,252,066.00. However, starting on 01.07.2017 monthly rental rate under the motorized vehicles rental contract between OAO IDGC of Urals and ООО Uralenergotrans shall not be over RUB 8,268,850.00 per month, incl. 18% VAT of RUB 1,261,350.00.
The term of the contract and service period:
Additional agreement No.1 to motorized vehicles rental contract No.125/2016 dated as of 07.12.2016 shall come into force since the signing by the Parties and cover relations between the Parties since 03.04.2017.
The term of rental contract 125/2016 dated as of 07.12.2016 shall change in line with conditions of additional agreement No.1: it shall come into force since the signing, covering relations between the Parties since 01.12.2016 and be in force till 30.11.2017.
|Related parties, reasons for affiliation:
Company’s controlling entity (PAO Rosseti) is a controlling entity of a transaction party (PAO Rosseti is entitled to indirectly dispose of 50%+ of votes in supreme governing body of the controlled entity – ООО Uralenergotrans).
The Company’s collegiate executive body members also serve on the Board of Directors of a transaction party (Company’s Executive Board members A.A. Petrova and A.M. Krivyakov serve on the ООО Uralenergotrans’ Board of Directors).
Related-party transactions worth 2%+ of the book asset value:
The Company had no related-party transactions worth 2%+ of the book asset value.