12 Feb 2015 06:32
OAO TMK / Miscellaneous 12.02.2015 07:32 Dissemination of a Regulatory Announcement, transmitted byEquityStory.RS, LLC - a company of EQS Group AG.The issuer is solely responsible for the content of this announcement.--------------------------------------------------------------------------- February 12, 2015 Press Release TMK announces redemption of 5.25% 2015 convertible bonds The following contains forward looking statements concerning future events.These statements are based on current information and assumptions of TMKmanagement concerning known and unknown risks and uncertainties. OAO TMK ('TMK' or 'the Company'), one of the world's leading producers oftubular products for the oil and gas industry, informs that on February 11,2015 the Company redeemed its 5.25% Convertible Bonds due 2015 convertibleinto GDRs each representing four ordinary shares of TMK. To redeem the bonds TMK used cash accumulated from operating and financialactivities, including four-year USD denominated credit facility from one ofthe leading Russian commercial banks. The Company currently does not plan public offering of 17,876,489 GDRs(representing 71,505,956 of TMK shares or 7.21% of the Company's sharecapital) underlying the bonds and intend to keep them as treasury shares. TMK has no more international public debt maturing before 2018. *** Redemption of 5.25% 2015 Convertible Bonds Conference Call: TMK's management will hold a conference call to discuss redemption of 5.25%2015 Convertible Bonds today, February 12, 2015, at 09:00 New York / 14:00London / 17:00 Moscow. To join the conference call please dial: UK Local: +44 20 3427 1903UK Toll Free: 0800 279 5736Russia: +7 495 213 0977U.S. Local: +1 212 444 0896U.S. Toll Free: 1 877 280 2342Conference ID: 9757267(We recommend that participants to start dialing-in 5-10 minutes prior toensure a timely start of the conference call) The conference call replay will be available through February 13, 2015: UK Local: +44 20 3427 0598UK Toll Free: 0800 358 7735U.S. Local: +1 347 366 9565U.S. Toll Free: 1 866 932 5017Access Code: 9757267 *** For further information regarding TMK please visit www.tmk-group.com ordownload the YourTube iPad application from the App Storehttps://itunes.apple.com/ru/app/yourtube/id516074932?mt=8&ls=1 or contact: TMK IR Department:Marina Badudina Tel: +7 (495) 775-7600 IR@tmk-group.com TMK PR Department:Ilya ZhitomirskyTel: +7 (495) 775-7600PR@tmk-group.com *** TMK (www.tmk-group.com) TMK (LSE: TMKS) is a leading global manufacturer and supplier of steelpipes for the oil and gas industry, operating 28 production sites in theUnited States, Russia, Canada, Romania, Oman, UAE, and Kazakhstan and twoR&D centers in Russia and the USA. In 2014, TMK's pipe shipments totalled4.4 million tonnes. The largest share of TMK's sales belongs to high marginoil country tubular goods (OCTG), shipped to customers in over 80countries. TMK delivers its products along with an extensive package ofservices in heat treating, protective coating, premium connectionsthreading, warehousing and pipe repairing. TMK's securities are listed on the London Stock Exchange, the OTCQXInternational Premier trading platform in the U.S. and on the MoscowExchange 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 European division:Works; TMK-ARTROM;Sinarsky Pipe Plant; TMK-RESITA.TMK-CPW; Middle East Division:TMK-Kaztrubprom; TMK GIPI (Oman);TMK-INOX; Threading & Mechanical Key Premium LLC (Abu-TMK-Premium Service; Dhabi).TMK Oilfield Services. 12.02.2015 The EquityStory.RS, LLC Distribution Services include RegulatoryAnnouncements, Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: EnglishCompany: OAO TMK 40/2a Pokrovka 105062 Moscow RussiaPhone: +7 495 775-7600Fax: +7 495 775-7601E-mail: tmk@tmk-group.comInternet: tmk-group.comISIN: US87260R2013Category Code: MSCTIDM: TMKSSequence Number: 2519Time of Receipt: Feb 12, 2015 07:31:46 End of Announcement EquityStory.RS, LLC News-Service ---------------------------------------------------------------------------UK-Regulatory-announcement transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.