IPO of shares of Globaltruck on MOEX
On 3 November GLOBALTRUCK MANAGEMENT, one of the leading Russian FTL shipping companies, raised RUB3.5 billion in the initial public offering on the Moscow Exchange.
The deal involved the conversion of the group’s holding company into a joint-stock company and obtaining public status, listing of shares on the Moscow Exchange and further offering of shares to Russian and foreign investors.
LECAP provided full-scope legal support starting from establishing efficient corporate structure to trade and settlement procedures.
The project team included Elizaveta Turbina, partner, Michael Malinovskiy, partner, Sergey Volkov, senior associate, Ilya Rynenkov, associate, and Ilya Sapunov, associate.