13 February 2024

LECAP became a legal advisor for the IPO of Diasoft PJSC on the Moscow Exchange

The transaction became one more of the largest deal in recent years on the Russian equity capital market, as well as Diasoft PJSC debut transaction on the capital markets

On February 13, 2024, Diasoft PJSC , leading developer of software for the financial sector and other industries , ordinary shares trading started on the Moscow Exchange.

The total size of the IPO amounted to 4.14 billion rubles, taking into account the size of the stabilization package. The free-float share amounted to 8% of the Company's equity capital after its increase as a result of the transaction. Тaking into account the issue of new shares as part of the IPO, the market capitalization of Diasoft at the time of the start of trading amounts to 47.25 billion rubles. The transaction became one of the largest in recent years on the Russian equity capital market.

It is important to note that the IPO was also the debut deal for Diasoft on the capital markets. The LECAP team provided full comprehensive legal support for the company's issued share process, including issue documentation, legal documentation (lock-up deeds, agreements with brokers and others), KYC support and disclosure procedures, drafting of the internal regulations according to listing requirements , a well as public guidelines and coordination with analysts.