Russia's largest oil and gas pipe producer TMK has announced that its shares have been admitted to trading on the Moscow Interbank Currency Exchange (MICEX) quotation list A1.
Accordingly, the listing of the shares as A1 securities significantly expands TMK's potential investor base by making the shares more accessible, including to public and private pension funds and insurance companies.
TMK shares have been traded on the London Stock Exchange (LSE: TMKS) and on the Russian Trading System (RTS: TRMKG) since November 2006, and were admitted to trading on the MICEX (MICEX: TRMK) in April 2007.