EastUkrAgro is planning to start IPO on Warsaw Stock Exchange with 15-20% of its shares according to the Investment Group Avantag Capital advisor’s representative. Final conditions of IPO will be determined in September after audit of the company is finished. Representatives of the company have already organized meetings with the potential investors.

EastUkrAgro owns 3000 hectares of land in the Eastern part of Ukraine and owns livestock in 7000 cattle. Since the beginning of 2011 four Ukrainian companies, including three from the agrarian sector have completed IPO in Warsaw (WSE): Ovostar Union sold 25% of shares for 34M USD, KSG Agro sold 33% of shares for 39,7M USD, Industrial Milk Company sold 24% for 30M USD. Westa ISIC S.A. , producer of batteries sold 25% of shares for 46,3M USD.

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