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AIM - Practical Experience from:

AIM - Practical Experience from:. Key Facts. Dragon-Ukrainian Properties & Development plc is an IOM real estate investment company, incorporated in Feb 2007. Focusing on the development of commercial properties and large scale residential projects in Ukraine.

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AIM - Practical Experience from:

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  1. AIM - Practical Experience from:

  2. Key Facts • Dragon-Ukrainian Properties & Development plc is an IOM real estate investment company, incorporated in Feb 2007. • Focusing on the development of commercial properties and large scale residential projects in Ukraine. • Managed by Dragon Capital Partners, the private equity arm of Dragon Capital – Ukraine’s leading investment bank. • Completed its IPO on AIM, by floating 100% of its ordinary shares, on June 1, 2007, raising a total of $208 million. • Completed a secondary offering on November 2007, raising $100 million, bringing the total funds under management to $308 million.

  3. Advisers Zimmerman Adams International

  4. Key Factors for Choosing AIM • Access to broader base of institutional capital. • Access to reputable capital (world class institutions). • Enhanced liquidity of the shares. • Enhanced visibility. • Enhanced corporate governance / transparency. • Simplified regulatory environment (no minimum criteria: track record, size, etc.) • Availability of comparable transactions / listings (over 2,100 companies trade on AIM). • Relatively quick listing process (3.5-4 months).

  5. UK vs. Ukraine(as place of business) • Credibility. • Reputation – enhanced status with clients / partners. • Regulated market with clear rules. • Streamlined admission process – clear procedures. • Stable legal environment – comfort to investors. • Availability of experienced advisers.

  6. UK investors vs. Ukrainian investors • Absence of non-government pension funds. • Insurance groups not sophisticated. • AM in the early stage of development (average fund size $10-15M). • Mentality of large, local investment groups support only majority investments (control). • Avoidance of business conflicts with investors.

  7. Admission Process(meeting your obligations) • Sensible – not painful. • Preparation before hand. • Educating – refines your strategy. • Importance of advisers – able to walk you through the process. • Team work.

  8. Key Benefits Post Admission • Reputation (enhanced corporate profile). • Obtain an objective value for the business. • Corporate governance – clear reporting procedures. • Access to additional pool of capital (through secondary share issues). • Easier and faster process of raising money in secondary. • Cost of raising additional capital is substantially lower.

  9. Thank You ! Contacts: Chris S. Kamtsios Senior Partner & MD Dragon Capital Partners Ltd 36 Saksahanskogo Street 01 033 Kyiv, Ukraine +380 44 490 7120 kamtsios@dragon-capital.com www.dragon-upd.com

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