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Ukraine poultry firm MHP prices IPO at $15 per GDR

Fri May 9, 2008 11:46am IST
 
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MOSCOW, May 9 (Reuters) - A leading Ukrainian poultry producer, Mironovskiy Hleboproduct (MHP), priced its London initial public offering at $15 per global depositary receipt, which implies a market capitalisation of around $1.7 billion.

The company said in a statement on Friday the offering comprises 10.75 million existing ordinary shares in the form of GDRs and 10.75 million new GDRs, which represents around 19.41 percent of its increased share capital. (Writing by Maria Kiselyova, editing by Guy Faulconbridge)

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