Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

DGAP-Regulatory: TMK's Corporate Action - Secondary Share Offering

14 Jul 2016 16:29

PAO TMK / Miscellaneous - Urgent PriorityTMK's Corporate Action - Secondary Share Offering 14-Jul-2016 / 17:29 CET/CESTDissemination of a Regulatory Announcement, transmitted by EquityStory.RS,LLC - a company of EQS Group AG.The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- 14 July 2016 PRESS RELEASE TMK's Corporate Action - Secondary Share Offering Today, in accordance with the applicable law and regulatory requirements,TMK published a notice inviting the Company's shareholders to exercisetheir pre-emptive right to purchase newly issued TMK shares. Concurrently, TMK management called for a meeting of the Board of Directorsto approve the offering price, which the management proposed at the levelof RUB 71 per share. Prospectus and Decision on additional share issue of 44 million newordinary 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 *** For further information regarding TMK, please, visit www.tmk-group.com aswell as download the YourTube iPad application from the App Store https://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 steel pipefor oil and gas industry, operating more than 30 production sites in theUnited States, Russia, Canada, Romania, Oman and Kazakhstan and two R&Dcenters in Russia and the USA. In 2015, TMK's pipe shipments totaled 3.9million metric tons. The largest share of TMK's sales belongs to highmargin oil 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 onthe London Stock Exchange, the OTCQX International Premier trading platformin the U.S. and on the Moscow Exchange 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 Works; TMK Completions.Sinarsky Pipe Plant; European division:TMK-CPW; TMK-ARTROM;TMK-Kaztrubprom; TMK-RESITA.TMK-INOX; Middle East Division:TMK-Premium Service; TMK GIPI (Oman).TMK Oilfield Services;TMK CHERMET. TMK Corporate CommunicationsAlexander GoryunovTel: +7 (495) 775-7600E-mail: pr@tmk-group.com --------------------------------------------------------------------------- 14-Jul-2016 The EquityStory.RS, LLC Distribution Services include RegulatoryAnnouncements, Financial/Corporate News and Press Releases.Archive at www.dgap.de/ukreg --------------------------------------------------------------------------- Language: English Company: PAO TMK 40/2a Pokrovka 105062 Moscow Russia Phone: +7 495 775-7600 Fax: +7 495 775-7601 E-mail: tmk@tmk-group.com Internet: tmk-group.com ISIN: US87260R2013, RU000A0B6NK6 Category Code: MSCU TIDM: TMKS Sequence Number: 3258 Time of Receipt: 14-Jul-2016 / 17:28 CET/CEST End of Announcement EquityStory.RS, LLC News Service --------------------------------------------------------------------------- 482589 14-Jul-2016

UK-Regulatory-announcement transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.