On 11 July 2008 PricewaterhouseCoopers Ukraine held an Executive Business Breakfast dedicated to the Legal and Financial Issues of Initial Public Offerings (IPOs), at the Hyatt. PwC specialists from the London, Moscow and Kyiv firms offered insight into the following topics for attendees:

• Tax structuring for a successful IPO: pitfalls and perils - Elizabeth Henson - Partner, PwC London;
• Ukraine tax and regulatory issues for Ukrainian principals - Ron Barden - Partner, PwC Kyiv;
• Implementation risks: managing the IPO process - Clifford Tompsett - Partner, PwC London;
• IPO readiness issues and practical difficulties for CIS companies - Alexander Sinyavsky - Partner, PwC Moscow.

The breakfast targeted Ukrainian organisations looking to raise capital via the public markets, offering perspectives on how to float on the London Stock Exchange or the Alternative Investment Market, raise money via a rights issue or placing and restructure current company financing.

We would like to thank all who attended this PwC Executive Breakfast. We plan to hold such events in the future and highly appreciate your participation and input.

Ron Barden, Partner, Tax and Legal Services
Tel: +380 44 490 67 77 Fax: +380 44 490 67 38

Nilesh Lad, Partner, Transaction Services
Tel: +380 44 490 67 77 Fax: +380 44 490 67 38