PAO TMK / Miscellaneous 28.08.2015 16:22 Dissemination of a Regulatory Announcement, transmitted by EquityStory.RS, LLC - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. =-------------------------------------------------------------------------- August 28, 2015 PRESS RELEASE TMK Announces Board of Directors Decisions TMK, one of the world's leading oil and gas steel pipe producers, today announces that the Board of Directors decided to convene an Extraordinary General Meeting of Shareholders (EGM) in the form of an absentee voting on October 12, 2015. The record date for the list of shareholders eligible to participate in the EGM is September 8, 2015. TMK's Board of Directors recommended the EGM to approve interim dividends for the first six months of 2015 of RUR 2.42 per share of the nominal value of RUR 10, amounting to a total of RUR 2,400,415,569.20 (approximately USD 35.6 mln*). Dividends record date will be determined by the EGM. Payout period for the registered shareholders and trustees, who are professional participants of the stock market, is before November 9, 2015. For other registered shareholders payout period is before November 30. Consolidated IFRS net profit for the first six months of 2015 was $77 million. *As of August 28, 2015, the Russian Central Bank exchange rate stood at 67.4473 RUB/USD. *** For further information regarding TMK, please, visit www.tmk-group.com as well as download the YourTube iPad application from the App Store https://itunes.apple.com/ru/app/yourtube/id516074932?mt=8&ls=1 TMK on Facebook - https://www.facebook.com/TMKGroupEN *** TMK (www.tmk-group.com) TMK (LSE: TMKS) is a leading global manufacturer and supplier of steel pipes for oil and gas industry, operating more than 30 production sites in the United States, Russia, Canada, Romania, Oman, UAE, and Kazakhstan and two R&D centers in Russia and the USA. In 2014, TMK's pipe shipments totalled 4.4 million tonnes. The largest share of TMK's sales belongs to high margin oil country tubular goods (OCTG), shipped to customers in over 80 countries. TMK delivers its products along with an extensive package of services in heat treating, protective coating, premium connections threading, warehousing and pipe repairing. TMK's securities are listed on the London Stock Exchange, the OTCQX International Premier trading platform in the U.S. and on the Moscow Exchange MICEX-RTS. TMK's assets structure by division:Russian division: American division: Volzhsky Pipe Plant; 12 plants of TMK IPSCO; Seversky Tube Works; OFS International LLC; Taganrog Metallurgical TMK Completions. Works; European division: Sinarsky Pipe Plant; TMK-ARTROM; TMK-CPW; TMK-RESITA. TMK-Kaztrubprom; Middle East Division: TMK-INOX; TMK GIPI (Oman); TMK-Premium Service; Threading & Mechanical Key Premium LLC (Abu- TMK Oilfield Services; Dhabi). TMK CHERMET.TMK Corporate Communications Alexander Goryunov Tel: +7 (495) 775-7600 E-mail: pr@tmk-group.com 28.08.2015 The EquityStory.RS, LLC Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de =-------------------------------------------------------------------------- Language: English Company: PAO TMK 40/2a Pokrovka 105062 Moscow Russia Phone: +7 495 775-7600 Fax: +7 495 775-7601 E-mail: tmk@tmk-group.com Internet: tmk-group.com ISIN: US87260R2013 Category Code: MSC TIDM: TMKS Sequence Number: 2820 Time of Receipt: Aug 28, 2015 16:19:43 End of Announcement EquityStory.RS, LLC News-Service =--------------------------------------------------------------------------
(END) Dow Jones Newswires
August 28, 2015 10:22 ET (14:22 GMT)
