20/10/17 18:40 MOEX (RUR): 75.93 change in % 1.43 LSE (USD): 5.32 change in % 0.14

ORDINARY SHARES

PAO "TMK" ordinary shares are traded on Moscow Exchange under the TRMK ticker (Bloomberg: TRMK: RM / Reuters: TRMK.MM).

DEPOSITARY RECEIPTS

PAO "TMK" Global depositary receipts (GDR) are traded on the London Stock Exchange under the trade ticker TMKS (Bloomberg: TMKS:LI / Reuters: TRMKq.L).

One depositary receipt represents 4 ordinary shares

 REG.S144A
CUSIP: 87260R201 87260R102
SEDOL: B1FY0V4 B1G3K21
ISIN: US87260R2013 US87260R1023

 

PAO "TMK" American depositary receipts (ADR) are traded on the OTCQX trading platform under the trade ticker TMKXY (Bloomberg: TMKXY:US / Reuters: TMKXY.PK).

CUSIP: 87260R300
SEDOL: B4VF6B4
ISIN: US87260R3003

 

SHARE CAPITAL

As of 31 March 2017, TMK share capital was comprised of 1,033,135,366 fully paid ordinary shares, with a nominal value of RUB 10 each. TMK does not have any preferred shares.

Share capital amounts to RUB 10,331,353,660. 

ADDITIONAL SHARES IN ISSUE

In February 2010, Board of Directors of PAO "TMK" authorized an increase of the share capital by 86,166,871 shares with par value of RUB 10 per each share. In June 2010, TMK received US$ 279.4 million, from shareholders as consideration for the issuance of 64,585,094 shares, representing approximately 7.4% of the issued and fully paid share capital before additional issue.

In June 2014, TMK's Board of Directors made a decision to approve a share capital increase by the issuance of additional shares in the amount of 56,000,000 shares under open subscription. The offering price has been set up at the level of RUB 101.25 per share. In December 2014, the Company issued 54,321,166 shares. RUSNANO acquired the major part of shares in TMK's additional public offering and now owns a 5.476% share in the Company.

In March 2016, TMK’s Board of Directors decided to increase the Company's share capital by placing 44 million additional ordinary shares via open subscription. The offering price was set at 71 rubles per share. Total number of additional shares placed in August 2016 amounted to 41,228,106 ordinary shares.

SECONDARY PUBLIC OFFERING

In February 2017, TMK completed the secondary public offering of 138,888,888 existing ordinary shares by its wholly owned subsidiary Rockarrow Investments Limited. The offering price was set at RUB 75 per ordinary share. The proceeds from the offering in the amount of RUB 10.4 billion were used to purchase 138,888,888 ordinary shares from VTB Bank pursuant to a call option.