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8.3 Stock market
8.3.1 Equity market dynamics
Concorde Capital plans to bring 10 Ukrainian companies to initial public offerings over the next two years, Concorde CEO Ihor Mazepa said recently at the IPO presentation of Veres Rivne People’s {Football] Club. Citing changes in Ukraine’s financial markets, the Concorde founder said: “What I have seen for the last six or nine months: there has been such a huge trend that a class, a huge group of investors has begun to form in the country. He added: “I give myself, roughly speaking, two years to bring a good 10 companies to an IPO.”
Riding the private health care wave, Horizon Capital announced MArch 28 that its EEGF III has made a ‘successful exit’ from its 2-year investment in Dobrobut, Ukraine’s largest private healthcare provider. The Horizon investment helped Dobrobut make two M&A investments – the purchase of Doctor Sam and Boris. Purchasers of the Horizon’s investment are Dobrobut’s two major shareholders: Igor Mazepa, Concorde Capital CEO, and Igor Kalashnikov, owner of the retail network of Luxoptika. Mazepa said: “We see great prospects in the development of the private medical sector. The market of medical services is estimated at $6bn, while the need for quality services in Ukraine is very high and supply is insufficient. We have ambitions to occupy this niche.”
8.3.2 Dividends dynamics
MHP, the largest poultry producer and a national blue-chip stock,
48 UKRAINE Country Report April 2021 www.intellinews.com