The London Stock Exchange uses cookies to improve its website. The cookies for analytical purposes have already been set. For more details and how to manage cookies, please see our privacy and cookies policy.

Welcome stories


19 December 2007
19/12/2007 Exchange is delighted to welcome KDD Group N.V. to AIM.

19 December 2007
 

The London Stock Exchange is delighted to welcome KDD Group N.V. to AIM.




KDD Group is the holding company of one of Ukraine’s leading real estate investment and development groups. KDD holds a diversified portfolio of real estate projects comprising offices, residential complexes, retail centres and mixed-use projects.

KDD currently has eight projects, of which three are in the groundwork construction phase and five are at various stages of design and development. These projects, which have a total planned gross area of approximately 2.7 million square metres, are located in the capital region of Kyiv with the exception of one residential project in L'viv.


The company has raised approximately £63.8 million (US$130.0 million). At a placing price of 200 pence per ordinary share, KDD’s market capitalization is approximately £323.8 million.


KDD’s shares have been admitted to trading on AIM under the ticker symbol “KDDG”.


Commenting on the Admission, Petro Slipets, KDD CEO, said:


“Our admission to AIM is a very important step in the development of KDD. We look forward to executing our growth strategy with the proceeds raised and updating our shareholders on our progress in due course.”


ING and Renaissance Capital acted as the Joint-Global Coordinators and Bookrunners in relation to the Offering. ING has also been appointed as the Nominated Advisor to KDD. Gavin Anderson & Company advised on financial PR.

 

.

The Exchange accepts no responsibility for the content of the website you are now accessing or for any reliance placed by you or any person on the information contained on it.

By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.

You will be redirected in five seconds.

You are accessing the London Stock Exchange Annual Report Service powered by PrecisionIR.

The Exchange accepts no responsibility for the content of the reports you are now accessing or for any reliance placed by you or any person on the information contained therein.

By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.

You will be redirected in five seconds