TMK will hold an SPO, within the framework of which the main shareholder - TMK STEEL HOLDING LLC - will sell up to 2% of the company's shares. Bids collection starts today and will last until June 3, 2024. Final offering price of the shares will be set no later than June 4, 2024. After the SPO is completed, the shareholder will inject the raised money into the company through an additional issue. Raised funds will be used to reduce the debt load and for other general corporate purposes.