Asters advised on the first Ukrainian information technology IPO on the international capital markets

Asters advised Scotland-based EasyDate on Ukrainian law issues in preparation for their £10 million offering of shares (IPO) on the London Stock Exchange's Alternative Investment Market. EasyDate entered the London market on 30 June attracting the interest of major institutional investors, including BlackRock, the largest money manager in the world, and leading to a market capitalization of more than £49 million. EasyDate Group provides IT infrastructure and marketing solutions, ongoing IT development and support services for the fast-growing online dating business. The holding company of the group was established in 2005 in the UK by Maksim Polyakov, and his Scottish business partner Bill Dobbie. All IT operations of the group are located in Ukraine and are performed through two subsidiaries located in the cities of Zaporozhye and Dnepropetrovsk.

Senior associate Leonid Antonenko and associate Yevgen Porada under supervision of senior partner Armen Khachaturyan performed due diligence of the company's Ukrainian subsidiaries and advised on other Ukrainian legal issues associated with the placement.