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TMK’s Corporate Action – Secondary Share Offering

14.07.2016

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 and http://www.tmk-group.ru

TMK’s Corporate Action – Secondary Share Offering

 



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