TMK | 13 March 2007 г. | 12:02

TMK Option Program

At an Extraordinary General Meeting of Shareholders (EGM), which took place on March 2, 2007, in the form of a postal vote, the shareholders of JSC TMK duly approved the TMK Option Program. The resolution was supported by 84.7245% of votes cast. TMK’s Option Program provides for the purchase of shares by members of the Board of Directors and senior management of the Company of up to 1.1% of the total issued ordinary share capital of TMK within the next three years.
Founded in 2001, TMK has become an established market leader with production plants in Russia and Romania.
The Company’s Russian divisions include Volzhsky Pipe Plant, Seversky Tube Works, Sinarsky Pipe Plant, Taganrog Metallurgical Works and Orsky Machine Building Plant.

Source: Metal Supply and Sales
View count: 127

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