TMK's main shareholder, OOO TMK Steel Holding, is selling 15 million shares of the company, which corresponds to 1.5% of the authorized capital, as part of the SPO. Price range of the offer will be from ₽205-235 per share. Applications for participation in the SPO will be collected from September 21 to September 28 inclusive. After the SPO is completed, TMK plans to issue additional shares by private subscription in favor of the principal shareholder TMK Steel Holding at the secondary offering price.