DGAP-Regulatory: TMK Announces Board of Directors Decisions

28 Aug 2015 16:22

PAO TMK / Miscellaneous 28.08.2015 16:22 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.--------------------------------------------------------------------------- August 28, 2015 PRESS RELEASE TMK Announces Board of Directors Decisions TMK, one of the world's leading oil and gas steel pipe producers, todayannounces that the Board of Directors decided to convene an ExtraordinaryGeneral Meeting of Shareholders (EGM) in the form of an absentee voting onOctober 12, 2015. The record date for the list of shareholders eligible to participate in theEGM is September 8, 2015. TMK's Board of Directors recommended the EGM to approve interim dividendsfor the first six months of 2015 of RUR 2.42 per share of the nominal valueof RUR 10, amounting to a total of RUR 2,400,415,569.20 (approximately USD35.6 mln*). Dividends record date will be determined by the EGM. Payout period for the registered shareholders and trustees, who areprofessional participants of the stock market, is before November 9, 2015.For other registered shareholders payout period is before November 30. Consolidated IFRS net profit for the first six months of 2015 was $77million. *As of August 28, 2015, the Russian Central Bank exchange rate stood at67.4473 RUB/USD. *** For further information regarding TMK, please, visit www.tmk-group.com aswell as download the YourTube iPad application from the App Storehttps://itunes.apple.com/ru/app/yourtube/id516074932?mt=8&ls=1 TMK on Facebook - https://www.facebook.com/TMKGroupEN *** TMK (www.tmk-group.com) TMK (LSE: TMKS) is a leading global manufacturer and supplier of steelpipes for oil and gas industry, operating more than 30 production sites inthe United States, Russia, Canada, Romania, Oman, UAE, and Kazakhstan andtwo R&D centers in Russia and the USA. In 2014, TMK's pipe shipmentstotalled 4.4 million tonnes. The largest share of TMK's sales belongs tohigh margin oil country tubular goods (OCTG), shipped to customers in over80 countries. 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 TMK Completions.Works; European division:Sinarsky Pipe Plant; TMK-ARTROM;TMK-CPW; TMK-RESITA.TMK-Kaztrubprom; Middle East Division:TMK-INOX; TMK GIPI (Oman);TMK-Premium Service; Threading & Mechanical Key Premium LLC (Abu-TMK Oilfield Services; Dhabi).TMK CHERMET. TMK Corporate Communications Alexander GoryunovTel: +7 (495) 775-7600E-mail: pr@tmk-group.com 28.08.2015 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: PAO 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: 2820Time of Receipt: Aug 28, 2015 16:19:43 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.