On the 1-st of August, 2011 ”ARTSAKH HEK” OJSC’s Meeting of shareholders passed a resolution on the placement of additional 3,673,926 ordinary shares. The public offering of shares will be implemented by exercising the preemptive right by current shareholders. The shares that aren’t placed by exercising the preemptive right will be placed via

“Artsakh HEK” OJSC undertakes the process of listing for its additionally allocated common nominal shares. The formerly allocated shares of the company have been listed in List B of “NASDAQ OMXARMENIA” Stock Exchange. The circulation of additionally allocated shares will be performed under the same RA legislation requirements. The trading prospectus of “Artsakh HEK” OJSC

On of “Artsakh HEK” Open Joint Stock Company annual financial statement as at 31 December, 2010 We have revised the financial statement “Artsakh HEK” Open Joint Stock Company, which comprise the statement of financial position as at 31 December, 2010 and the consolidated statements of income, changes in equity, cash flows and a summary of

FINANCIAL STATEMETNS AND INDEPENDENT AUDITOR’S REPORT for the year ended 31 December 2010 Audit

In compliance with the article 92 of the NKR law on “Joint-Stock companies”, as well as the requirements of the Procedure (hereinafter “the Procedure”) for Selection of Independent Auditor as approved under the Decision of “Artsakh HEK” OJSC Board of Directors dated 09.06.10 (hereinafter “the Company”) The company announces an open tender (hereinafter “the Tender”)

“ARTSAKH HEK” OJSC has successfully completed the placement of the second issue of the shares at the nominal value of 1,400,000 AMD. The company managed to attract 1,554,000 AMD of means in the result of the shares placement, which is a single case in the RA corporate stock market. The placement was realized by 2

As of December 1, 2010, the period of shareholders priority right to purchase the shares of “ARTSAKH HEK” OJSC has been over and the company has summarized the results. In total, 50 shareholders exercised the priority right, which purchased 103,146 shares at the total amount of 114,492,060 AMD. “ARTSAKH HEK” OJSC announces a public subscription

ARTSAKH HEK OJSC in Figures

Artsakh HEK OJSC Installed Capacity 71.7 MW
Sarsang HPP50 MWTrghi-1 HPP3 MWTrghi-2 HPP5.9 MWTrghi-3 HPP5 MWTrghi-3 HPP0.8 MW
Production of Artsakh HEK OJSC
2011104.2 million kW-h2012133.2 million kW-h2013142.6 million kW-h2014166.4 million kW-h2015140.3 million kW-h2016191.8 million kW-h2017181.4 million kW-h2018190.8 million kW-h2019184.9 million kW-h

Stock Market

ABBR CUC LAST DATE AVG CUR MAX MIN DLS VAL VOL
B B - 23․06 - AMD 1,310 1,250 - - -