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What is the difference between TMK depositary receipts and TMK ordinary shares?

April 26, 2017Depositary difference receipts Shares tmk

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What is the difference between TMK depositary receipts and TMK ordinary shares?

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TMK depositary receipts are listed on the London Stock Exchange under the TMKS symbol and OTCQX under the TMKXY symbol (1 GDR/ADR = 4 Ordinary Shares). Ordinary shares are listed on the Russian Trading System and the Moscow Interbank Currency Exchange under the TRMK ticker symbol.