OTKRITIE Bank offers services related to the preparation and support of shareholder capital transactions, including initial public offerings (IPOs) and secondary public offerings (SPOs) of issuers which operate on Russian stock markets (MICEX, RTS).

The bank has acquired vast experience in working with investors to place small and mid-cap shares, as shown by the successful 2010 track record of Russian Navigations Technologies and Eco-Friendly Equipment and Nutrition Plant DIOD.

The Bank has been issued all the required licenses from the Central Bank and the Federal Financial Markets Service (FFMS) of Russia, which allows it to provide the broadest possible range of services related to the preparation and conduct of public placements, including:

• arranging placements;
• attracting investors;
• acting as listing agent;
• forming an investment banking syndicate;
• coordinating actions between the parties to the placement (co-arrangers, auditors, legal and tax consultants, PR agents, etc);
• preparing and holding road shows;
• preparing marketing materials, including an investment memorandum;
• sale of securities on stock exchanges;
• arranging placements for private (retail) investors;
• analytical coverage;
• market making;
• opening accounts used to make settlements, etc.

In the course of IPO/SPO preparation, the experts of OTKRITIE Bank are prepared to offer consulting support on how to enhance corporate governance, draw up internal documents (including articles of association and provisions on the company’s managing bodies), preparing issue documents (including a securities issue prospectus), and assisting the company in the disclosure of information in compliance with legislative requirements for the securities market.

Private placements

OTKRITIE Bank possesses vast experience in arranging and structuring private placements of corporate shares. When arranging and conducting private placements the Bank offers the following services:

• preparing presentation materials;
• performing a legal and financial due diligence of the company;
• drafting an information memorandum;
• appraising the value of the company’s business
• assisting in the rollout of a data room;
• holding meetings and negotiations with potential investors;
• coordinating transaction parameters;
• preparing transaction documents, including purchase and sale agreements, options agreements, shareholders agreements, loan, pledge and other agreements;
• preparing applications for permits (authorizations) of the authorized state agencies.