Practices

Pre-IPO structuring

Preparing a company for entry into an IPO assumes that it has to meet certain standards and criteria set by a stock exchange for the potential candidate for listing. The presence of a transparent, clear, effective and plain structure of a holding is an essential element of the placing of holding shares on any trading floor both in Russia and abroad, as well as is a condition for attraction of the profile or venture investor in business.

Incor Alliance offers services for holding structures preparing to enter an IPO in Russia and abroad. Within the scope of these services, Incor Alliance assists with:

• making an optimum choice of stock exchange for the most profitable and effective share placement;
• structuring of the holding corporate ownership according to the stock exchange requirements;
• working out and optimizing the holding corporate governance regulatory requirements;
• attracting independent members to the board of directors;
• carrying out Due Diligence of the holding for the preparation of a prospectus;
• preparing documents and representing the client’s interests in the Federal Service of Financial Markets of Russia;
• process support at all stages of preparation and completion of the IPO, protecting and tracking the interests of the client in interaction with all of the process participants.

Incor Alliance Law Office has a special agreement with the Vienna Stock Exchange (Vienna, Austria) and is the authorised agent for company preparation for the placement of shares on its trading floor.

Incor Alliance Law Office and the international legal company NORTON ROSE jointly implement projects for the preparation of holdings and the placement of shares on the Alternative Investment Market London Stock Exchange (AIM LSE). This inter-company teamwork helps to significantly decrease the final cost of the preliminary legal procedures when doing an IPO.

Projects implemented by Incor Alliance in Pre - IPO structuring:
(names of the companies and projects' content are disclosed with the clients' consent, the list is limited due to certain projects confidentiality obligations)

1. Holding KD GROUP preparing (OJSC «Kamskaja Dolina»), Perm, for a shares placement on AIM London Stock Exchange.