TMK's shareholders decided to place an additional issue of 40 million shares by private subscription in favor of TMK's major shareholder TMK STEEL HOLDING LLC. By participating in the additional issue, the principal shareholder will transfer to TMK the funds raised in the recent SPO. Shares are being offered at an SPO price of ₽220.68 per paper. However, the SPO placed 2 times less shares than the planned additional issue.