OAO TMK (“TMK” or “the Company”), one of the world’s largest oil and gas pipe producers and Russian pipe industry market leader, announces the admission of its ordinary shares to trading on the Moscow Interbank Currency Exchange (MICEX) under the ticker symbol TRMK.
“TMK has had a positive experience with the MICEX when issuing bonds and we hope that including our shares in the leading Russian stock market will make them more accessible to a wider range of Russian investors”, said TMK’s CEO Konstantin Semerikov.
TMK GDRs are currently traded on the London Stock Exchange (LSE: TMKS) and ordinary shares trade on the Russian Trading System (RTS: TRMKG).
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