Share Capital & Dividends
As of 31 December 2013, the share capital of TMK was comprised of 937,586,094 fully paid ordinary shares, each with a nominal value of RUB 10. TMK does not have any preferred shares, neither outstanding nor authorised.
Number of shares as of 31 December 2013:
|Number of shares||%|
|TMK Steel Ltd, incl. affiliates*||672,030,999||71.68%|
|TMK Bonds S.A. **||71,505,956||7.63%|
|Rockarrow Investments Limited||1,014,095||0.108%|
*The ultimate beneficiary is Dmitry Pumpyanskiy.
** TMK Bonds S.A. owns 17,876,489 global depositary receipts (GDR) of TMK, representing 71,505,956 TMK shares, or 7.63% of the share capital, securing obligations to convert into TMK GDR’s the bonds issued by TMK Bonds S.A. in February 2010, totalling 412.5 mln USD and maturing in 2015. The bonds may be converted at 22.308 USD per GDR.
As of 31 December 2013, 20.57% of TMK shares were in free float, with approximately 90% of them traded as GDR on the London Stock Exchange. TMK Board of Directors and the Management owned a total of 543,309 shares, or 0.058% of the share capital.
TMK securities are listed on Russian and international stock exchanges:
- Shares are listed on Moscow Exchange under the TRMK ticker (Bloomberg: TRMK: RM / Reuters: TRMK.MM).
- Global depositary receipts (GDRs) are listed on the London Stock Exchange under the TMKS ticker (Bloomberg: TMKS:LI / Reuters: TRMKq.L).
- American depository receipts (ADRs) are traded on the OTC platform (OTCQX) under the TMKXY ticker (Bloomberg: TMKXY: US / Reuters: TMKXY.PK).
per share, RUB
|Dividends paid versus total dividends|
|* dividends were not fully paid because of the failure of certain shareholders to provide accurate |
banking details or failure to reach shareholders at the addresses attached to their accounts.
As of 31 December 2013, TMK market capitalisation totalled 2.5 bln USD.