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[May 29]
The best IPO project
On May 25th, 2006, Russian National Association of Stock Market Participants (NAUFOR) has released the results of its Stock Market Elite annual award. According to the results, Lebedyansky is a winner in the category “Best IPO project of the year”. It is interesting to notice, that Novolipetsky Steel Plant (NLMK) also was among four nominees for the award. So, two out of four “best IPOs” in 2005 were made by the companies of Lipetsk region.
Lebedyansky made it’s IPO in March of 2005. At that moment it was the largest domestic IPO ($ 151 millions for 19,9% of the Company’s shares). Deutsche UFG was an exclusive lead-manager and bookrunner of Lebedyansky’s IPO.

The Stock Market Elite Award have been held by the National Association of Stock Market Participants (NAUFOR) since 2000. Every year, the Panel of the Awards, which includes prominent members of Russia's financial community, officials from the executive and legislative bodies, experts from major stock exchanges, rating agencies, sectoral universities, and professional associations of the stock market, selects winners in 20 categories out of 500 nominees. Over the six years, the Award have grown to become a key stock market event in Russia.

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