28 July 2016
TMK Announces Board of Directors Decisions
TMK's Board of Directors at the meeting on July 27 made a decision on offering price of the newly issued TMK shares.
The Board of directors made a decision to set offering price of the newly issued 44 mln. TMK shares of the nominal value of 10 roubles placed on an open subscription at the level of 71 rouble per share.
Prospectus and Decision on additional share issue of 44 million new ordinary 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
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