26th Aug 2016 07:54
PAO TMK / Miscellaneous - Urgent PriorityTMK Announces Board of Directors Decisions 26-Aug-2016 / 08:53 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. --------------------------------------------------------------------------- August 26, 2016 PRESS RELEASE TMK Announces Board of Directors Decisions TMK, one of the world's leading oil and gas steel pipe producers, announcesthat the Board of Directors decided to convene an Extraordinary GeneralMeeting of Shareholders (EGM) in the form of an absentee voting onSeptember 29, 2016. The record date for the list of shareholders eligible to participate in theEGM is September 2, 2016. TMK's Board of Directors recommended the EGM to approve interim dividendsfor the first six months of 2016 of RUR 1.94 per share of the nominal valueof RUR 10, amounting to a total of RUR 2,004,282,610.04 (approximately USD31.3 mln*). It is recommended to fix October 10, 2016 as the date on whichthe list of persons entitled to receive dividends is determined. Payout period for the registered nominal shareholders and trustees, who areprofessional participants of the stock market, is before October 24, 2016.For other registered shareholders payout period is before November 15. Consolidated IFRS net profit for the first six months of 2016 was $71million. *As of August 22, 2016, the Russian Central Bank exchange rate stood at63,9391 RUB/USD. *** 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: [email protected] --------------------------------------------------------------------------- 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: [email protected] Internet: tmk-group.com ISIN: US87260R2013, RU000A0B6NK6 Category Code: MSCU TIDM: TMKS Sequence Number: 3354 Time of Receipt: 26-Aug-2016 / 08:50 CET/CEST End of Announcement EquityStory.RS, LLC News Service --------------------------------------------------------------------------- 496139 26-Aug-2016UK-Regulatory-announcement transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.
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