The ONEXIM Group (“Onexim”) is not in talks to sell its stake in Public Joint Stock Company Quadra - Power Generation (MISX:TGKD) (“Quadra”) to Public Joint-Stock Company Territorial Generation Company No.2 (MISX:TGKB) (“TGK-2”) or to anyone else. Dmitry Razumov, Chief Executive Officer of Onexim said through its representative that Onexim is not interested in selling Quadra. TGK-2 was looking to acquire Quadra from Onexim for RUB 18 billion, as reported by Kommersant Daily on June 29, 2018.