22/01/20 18:49 MOEX (RUR): 58.52 change in % -0.36 LSE (USD): 3.76 change in % 0.01

Understanding TMK

TMK (LSE: TMKS, MOEX: TRMK) is a global supplier of steel pipes, pipe solutions and related services for the oil and gas sector, and one of the world’s three leading pipe manufacturers. The company’s production assets are located in Russia, Romania and Kazakhstan. High margin OCTG pipes account for the largest share in TMK's sales mix and are shipped to consumers in more than 80 countries. TMK supplies its products along with a wide range of services for heat treatment, protective coating, premium connection threading, warehousing and pipe repair.

Consolidation of production assets across the globe, scientific and engineering innovations, and a geographically diversified sales network allowed the Company to create a modern vertically integrated entity manufacturing and supplying high-tech and competitive pipe products. TMK's unique production and service capacities satisfies the demand of a wide range of customers and offer effective solutions to their operational challenges.

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INFORMATION ON ORDINARY SHARES

PAO "TMK" local shares are traded on Moscow Exchange under the TRMK ticker (Bloomberg: TRMK: RM / Reuters: TRMK.MM). Number of shares outstanding: 1,033,135,366; registration number: 1-01-29031-H.
Information on depositary receipts
  • PAO "TMK" Global depositary receipts (GDRs) are traded on the London Stock Exchange under the trade ticker TMKS (Bloomberg: TMKS:LI / Reuters: TRMKq.L)
  • Ratio: 1 GDR: 4 ordinary shares
 REG.S144A
CUSIP: 87260R201 87260R102
SEDOL: B1FY0V4 B1G3K21
ISIN: US87260R2013 US87260R1023
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Board of Directors consists of 11 members, including Chairman Dmitry A. Pumpyanskiy and five independent directors.