DGAP-Regulatory: TMK Completed a Deal with VTB Bank

PAO TMK / Miscellaneous 
TMK Completed a Deal with VTB Bank 
 
30-Dec-2015 / 07:59 CET/CEST 
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. 
 
December 30, 2015 PRESS RELEASE 
 
TMK Completed a Deal with VTB Bank 
 
PAO TMK ('TMK' or 'the Company'), one of the world's leading producers of tubular products for the oil and gas industry, 
on December 29, 2015, completed a deal with VTB Bank to raise around RUB 10 billion by selling its shares. Part of the 
shares will be delivered in the course of 2016. 
 
TMK has a right to buy the shares back. 
 
The funds will be used to reduce debt by repaying bank loans in 2016. 
 
TMK's management believes this transaction is beneficial to the Company, its creditors and investors. It will enable TMK 
to significantly reduce the debt by using its own shares. 
 
*** 
 
For further information regarding TMK please visit www.tmk-group.com or download the YourTube iPad application from the 
App Store https://itunes.apple.com/ru/app/yourtube/id516074932?mt=8&ls=1 
 
or contact: 
 
TMK IR Department: 
Marina Badudina 
Tel: [phone] 
[e-mail] 
 
TMK PR Department: 
Alexander Goryunov 
Tel: [phone] 
[e-mail] 
 
*** 
 
TMK (www.tmk-group.com) 
 
TMK (LSE: TMKS) is a leading global manufacturer and supplier of steel pipe for oil and gas industry, operating 30 
production sites in the United States, Russia, Canada, Romania, Oman, UAE and Kazakhstan with 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 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-Dhabi). 
TMK Oilfield Services. 
 
 30-Dec-2015 The EquityStory.RS, LLC Distribution Services include Regulatory Announcements, Financial/Corporate News 
 and Press Releases. 
Media archive at www.dgap.de/id516074932 
Language:        English 
Company:         PAO TMK 
                 40/2a Pokrovka 
                 105062 Moscow 
                 Russia 
Phone:           [phone] 
Fax:             [phone] 
E-mail:          [e-mail] 
Internet:        tmk-group.com 
ISIN:            US87260R2013 
Category Code:   MSC 
TIDM:            TMKS 
Sequence Number: 2950 
Time of Receipt: 30-Dec-2015 / 07:58 CET/CEST 
 
End of Announcement EquityStory.RS, LLC News Service 
426473 30-Dec-2015 
 
 

(END) Dow Jones Newswires

December 30, 2015 01:59 ET (06:59 GMT)