PAO TMK / Miscellaneous - Urgent Priority
TMK's Corporate Action - Secondary Share Offering
14-Jul-2016 / 17:29 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.
*14 July 2016 PRESS RELEASE*
*TMK's Corporate Action - Secondary Share Offering *
Today, in accordance with the applicable law and regulatory requirements,
TMK published a notice inviting the Company's shareholders to exercise their
pre-emptive right to purchase newly issued TMK shares.
Concurrently, TMK management called for a meeting of the Board of Directors
to approve the offering price, which the management proposed at the level of
RUB 71 per share.
Prospectus and Decision on additional share issue of 44 million new ordinary
shares were registered on 26 May 2016 and are disclosed at
http://www.e-disclosure.ru/portal/company.aspx?id=274 [1] and
http://www.tmk-group.ru [2]
*****
*For further information regarding TMK, please, visit *www.tmk-group.com [3]
*as well as download the YourTube iPad application from the App Store
*https://itunes.apple.com/ru/app/yourtube/id516074932?mt=8&ls=1 [4]
*TMK on Facebook - *https://www.facebook.com/TMKGroupEN [5]
*****
*TMK (www.tmk-group.com) *
TMK (LSE: TMKS) is a leading global manufacturer and supplier of steel pipe
for oil and gas industry, operating more than 30 production sites in the
United States, Russia, Canada, Romania, Oman and Kazakhstan and two R&D
centers in Russia and the USA. In 2015, TMK's pipe shipments totaled 3.9
million metric tons. 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; TMK Completions.
Sinarsky Pipe Plant; European division:
TMK-CPW; TMK-ARTROM;
TMK-Kaztrubprom; TMK-RESITA.
TMK-INOX; Middle East Division:
TMK-Premium Service; TMK GIPI (Oman).
TMK Oilfield Services;
TMK CHERMET.
TMK Corporate Communications
Alexander Goryunov
Tel: +7 (495) 775-7600
E-mail: pr@tmk-group.com
14-Jul-2016 The EquityStory.RS, LLC Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de/ukreg
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, RU000A0B6NK6
Category Code: MSCU
TIDM: TMKS
Sequence Number: 3258
Time of Receipt: 14-Jul-2016 / 17:28 CET/CEST
End of Announcement EquityStory.RS, LLC News Service
482589 14-Jul-2016
1: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=f5e79e2fc1d906b6bc11343a7e482de5&application_id=482589&site_id=vwd&application_name=news
2: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=de7065948b35198f26d8bc74d6745694&application_id=482589&site_id=vwd&application_name=news
3: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=955e2cc95a163f07a845244f97468740&application_id=482589&site_id=vwd&application_name=news
4: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=c874eda61d284e3fbd3ad800b951110e&application_id=482589&site_id=vwd&application_name=news
5: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=c2530903d8fb57000659e6dbd67f90ba&application_id=482589&site_id=vwd&application_name=news
(END) Dow Jones Newswires
July 14, 2016 11:29 ET (15:29 GMT)
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