Adam Maciejewski, President of the Warsaw Stock Exchange. Courtesy of WSE

Find capital for your business. Meet business for your capital.
Warsaw. The regional economic hub goes global

Dear Sir or Madam,

It is with great pleasure that we would like to invite you to the third edition of the international IPO Summit, Warsaw 2013 conference that will take place in Warsaw on June 6–7, 2013.

The increasing role played by Poland in the global economy has been clearly visible in recent years.

The Warsaw Stock Exchange Headquarters, Warsaw, Poland. Courtesy of WSE

IPO Summit, Warsaw 2013 is the forum for issuers and investors from all over the world, wishing to discuss the future of global capital markets.

The programme of the Conference has been prepared to present companies already listed on the Warsaw Stock Exchange and those preparing for their debut.

Future issuers will additionally gain some practical advice on how to prepare for and successfully manage the IPO process, and then operate in the public market.

Find capital for your business. Meet business for your capital. Warsaw - the regional economic hub goes global. The increasing role played by Poland in the global economy has been clearly visible in recent years. IPO Summit, Warsaw 2013 is the forum for issuers and investors from all over the world, wishing to discuss the future of global capital markets. Photo courtesy of Official Site of Poland www.poland.gov.pl

The Conference will also be the right place for international investors for whom expert debates and one-on-one meetings with board members of the major companies listed on the WSE have been prepared.

During the panel discussions, we will discuss investment needs and diverse opportunities offered by stock exchanges as a response to the world’s economic challenges, perspectives for the global IPO market in the very near future, and other issues of the pan-regional capital markets.


Organizers of IPO Summit, Warsaw 2013

Organizers - IPO Summit, Warsaw 2013, June 6-7. Courtesy of WSE

“We want Poland to continue to strengthen its investment attractiveness for global business and to successfully attract foreign capital. Favourable investment conditions are supported by stable economic growth, a secure banking system and a well developed capital market. This creates a solid foundation for carrying out investment plans in Poland and opens new capital raising opportunities. During the IPO Summit, Warsaw 2013 event, investors and issuers from around the globe will meet to discuss financial and economic issues, and develop new business projects.”

Courtesy of WSE

Włodzimierz Karpiński,
Minister of Treasury of Poland


„A strong economy equals a strong capital market. We meet again to build together a stronger economy and a more efficient market, serving the whole region of Central Europe.”

Courtesy of WSE

Adam Maciejewski,
President & CEO, Warsaw Stock Exchange


„IPO Summit, Warsaw 2013 is a perfect opportunity for global investors to find new investment opportunities and for international issuers to effectively seek growth capital. They will all find in Poland a state-of-the-art clearing and settlement infrastructure, provided by companies from the KDPW Group. The Conference will also serve as the perfect place for international experts to meet and debate.”

Courtesy of WSE

Iwona Sroka,
President & CEO, Central Securities Depository of Poland (KDPW)

Partners - IPO Summit, Warsaw 2013, June 6-7. Courtesy of WSE

IPO Summit, Warsaw 2013 - AGENDA


First Day – 6 June, 2013

Venue: Warsaw Stock Exchange (Exchange Center Main Hall, level 1)

11:30 - 12:30
Registration, brunch
Registration (NewConnect Trading Floor, level 0 next to the main entrance on Książęca Street)
Brunch (marquee in front of the main stock exchange building, ground-floor entry from Al. Jerozolimskie)

12:30 - 13:00
Networking

13:00 - 13:10
Words of Welcome, Włodzimierz Karpiński – Minister of Treasury, Republic of Poland

13:10 - 13:30
Opening Address, Donald Tusk – Prime Minister, Republic of Poland

13:30 - 14:15
Keynote speech
• Mark Mobius - Executive Chairman, Tempelton Emerging Markets Group

14:15 - 15:15
Panel 1: Poland, Europe and the new division of global economies

- The impact of crisis on the position of Poland and the CEE region on the global map of economy and capital markets

- The position of Poland from the global perspective – one of the key growth engines for Europe versus a small but stable market

- The change in the balance of powers during the crisis – old divisions versus new definitions

- The formation of new balance of forces and its influence on the direction of capital flows on the global markets

Panelists:
• Michala Marcussen - CFA, Global Head of Economics, Société Générale Corporate & Investment Banking
• David Aserkoff - CEEMEA Equity Strategist, J.P. Morgan
• Piotr Bielski - Senior Macroeconomist, Bank Zachodni WBK
• Piotr Chwiejczak - Senior Macroeconomist, Barclays
• Ebrahim Rahbari - Global Economist Citi Investment Research, Citi Handlowy
Moderator:
• Roman Młodkowski - Director and Chief Editor, TVN CNBC

15:15 - 15:45
Coffee break
Exchange Center Main Hall, level 1

15:45 - 16:45
Panel 2: Developed vs. emerging markets – key drivers of future cash flows

- The likely global strategy of asset allocation and key development drivers of international capital markets in the near future

- The global investors’ perception of the CEE capital markets and its impact on the asset allocation trends and strategic decisions for emerging markets

- Poland and other CEE countries as emerging or already developed markets – which is more beneficial at this point?

- CEE region and its future capability to continue attracting capital flows – as separate local exchanges or a consolidated market

- The future of market infrastructure for the CEE region: CCP and CSD

Presentation:
• Peter Oppenheimer - Chief Global Equity Strategist, Goldman Sachs
Panelists:
• Iwona Sroka - President & CEO, Central Securities Depository of Poland (KDPW)
• Adam Maciejewski - President & CEO, Warsaw Stock Exchange
• Peter Oppenheimer - Chief Global Equity Strategist, Goldman Sachs
• Jose Martins Soares - Head of Emerging Markets Research, Espirito Santo Investment Bank
• Paweł Tamborski - Under-Secretary of State, Ministry of Treasury, Republic of Poland
Moderator:
• Louisa Bojesen - CNBC Europe

16:45 - 17:15
Closing Address, Lech Wałęsa – former President of the Republic of Poland, Ambassador of IPO Summit, Warsaw 2013

17:15 - 17:20
Summary

20:00
IPO Summit, Warsaw 2013 Gala
Royal Łazienki Museum - Palace on the Isle, Agrykoli Street 1, Warsaw


Second Day – 7 June, 2013

Venue: Warsaw Stock Exchange

09:00 - 09:30
Registration, morning coffee
Exchange Center Main Hall, level 1

Investors Track
(Main Trading Floor, level 2)

09:30 - 10:30
Panel 1: Global IPO market – local and international outlook

- IPO – the regional, European and global outlook

- Evolution of stock exchange and investor approach to IPO

- The IPO market on WSE from a local perspective

- Deal-supporting investments in IPOs

Panelists:
• Tara Cemlyn-Jones - Head of EEMEA Capital Markets, Espirito Santo Investment Bank
• Izabela Olszewska - General Manager of the Market Development Division, Warsaw Stock Exchange
• Sam Dean - Head of Global Equity Capital Markets, Barclays
• Jarosław Grzesiak - Managing Partner/Shareholder, Greenberg Traurig
• Jacek Lewandowski - President, IPOPEMA Securities
Moderator:
• Jan Niedziałek - Market reporter, TVN CNBC

10:30 - 11:30
Panel 2: Energy and Resources industry versus public market – sector attractiveness, security, financing and return

- Stock exchange and its impact on acquiring capital by E&R companies. The role of stock exchange in future M&A

- E&R companies – good stocks for the tough times?

- Energy sector and its dependence on the market and regulations. The opportunities and threats from the upcoming energy law reform

- Debt or equity versus debt and equity as the answer to financing dilemmas

Panelists:
• Philippe Castanet - Chief Executive Officer, EDF Polska
• Mariusz Grendowicz - CEO & President of the Management Board, Polskie Inwestycje Rozwojowe
• Bohdan Malaniuk - Deputy Director M&A - M&A Section, CEZ
• Adam Sawicki - Executive Vice President, KGHM Polska Miedź
• Wojciech Topolnicki - Vice-President for Strategy Development, ENERGA S.A.
Moderator:
• Wojciech Hann - Partner in Financial Advisory Department, Deloitte
• Łukasz Szatkowski - Legal advisor, Senior Lawyer, Weil, Gotshal & Manges

11:30 - 12:00
Coffee break
Exchange Center Main Hall, level 1

12:00 - 13:00
Panel 3: Corporate bonds – another level of development of the Polish capital market? Threats and Opportunities

- Bond issue versus bank loan. What are key drivers of Polish corporate bond market growth?

- Eurobond versus local currency bond market. Advantages and disadvantages

- Legal framework of the Polish corporate bond market. Lessons from the 2012 construction sector crisis

- Key determinants of corporate bond yields from perspective of a Polish bond investor. What makes an attractive investment product?

- How to improve the liquidity of the Catalyst/Bondspot market – lessons from international corporate bond markets

Panelists:
• Marzena Górska - Debt Portfolio Manager, Investors TFI
• Manfred Burdis - Managing Director / Head of DCM Origination, Erste Group
• Grzegorz Namiotkiewicz - Managing Partner, Clifford Chance
• Michał Pietrzyk - Deputy Director of Economic Department, Polish Oil & Gas Company (PGNiG SA)
• Artur Zawadowski - Partner, Weil, Gotshal & Manges
Moderator:
• Tomasz Bardziłowski - Managing Director, Vice President of the Board, Dom Inwestycyjny Investors

13:00 - 14:00
Lunch
Marquee in front of the main stock exchange building, ground-floor entry from Al. Jerozolimskie


Issuers Track
(NewConnect Trading Floor, level 0 next to the the main entrance on Książęca Street)

09:30 - 10:30
Panel 1: The role of research analysts in the IPO and post-IPO process

- Research report and its role in the IPO process. What defines a good report and impact of analyst’s valuation on the IPO pricing

- Management’s meeting with an analyst – preparations and presentation from analyst’s point of view

- International vs local research coverage. Role of international versus local research and the difference between the global outlook on the capital markets in contrast with the local one

- Role of the post-IPO research coverage – how strongly company should strive to be widely covered by research?

Panelists:
• Karol Chrystowski - CFA, Altus TFI S.A.
• Michał Potyra - Director, Equity Research Department, UBS Investment Bank
• Wojciech Sobieraj - Chief Executive Officer, Alior Bank
• Przemysław Wasilewski - Director of Investor Relations, PGE Polska Grupa Energetyczna
• Rafał Wiatr - Head of Polish Research, Vice President of Management Board, Dom Maklerski Banku Handlowego
• Marcin Żółtek - Członek Zarządu, Dyrektor Inwestycyjny, Aviva PTE
Moderator:
• Andrzej Knigawka - Head of Equiry Research, ING Securities
• Karol Półtorak - Head of Polish ECM, Vice President of Management Board, Dom Maklerski Banku Handlowego

10:30 - 11:30
Panel 2: IPO – am I ready? From decision to going public

- IPO vs. other ways of raising capital

- Current motivation for IPO – the advantages of going public in the crisis economy

- How to prepare to enter equity capital markets? Milestones from advisor and company viewpoint

- IPO – and what is next?

Panelists:
• Filip Paszke - Head of Equity Capital Markets, Société Générale Corporate & Investment Banking
• Maciej Ptak - Chief Executive Officer, Raiffeisen Investment Polska
• Piotr Sokołowski - Partner in Audit Department, Deloitte
• Grzegorz Zawada - Director of Brokerage, PKO Bank Polski
• Konrad Zawisza - Managing Director, Head of ECM, BRE Bank Securities
Moderator: Adrian Cartwright - Partner and Co-head of the European Equity Capital Markets Practice, Clifford Chance

11:30 - 12:00
Coffee break
Exchange Center Main Hall, level 1

12:00 - 13:00
Panel 3: Dual listing – pros & cons

- What is a dual listing?

- Legal and technical requirements a foreign company needs to meet to be listed on the WSE

- Admission requirements a foreign company needs to meet to register its shares in KDPW

- The scenario and timetable of the technical admission

- The scenario and timetable of admission and raising capital

Panelists:
• Ingo Bleier - Head of Investment Banking, Erste Group
• Piotr Borowski - Director of Business Network Development Department, Warsaw Stock Exchange
• Martin Hinteregger - Managing Director, Head of Equity Capital Markets, Erste Group
• Michael Lukac - Head of International Client Relations, Central Securities Depository of Poland (KDPW)
• Wilf Walsh - Chairman, Fortuna Entertainment Group
• Rafał Sieński - Partner, Greenberg Traurig

13:00 - 14:00
Lunch
Marquee in front of the main stock exchange building, ground-floor entry from Al. Jerozolimskie


Second Day – 7 June, 2013

Accompanying program

09:30 - 13:00
International economic journalists workshops & cases

10:30 - 17:30
One-on-one meetings of investors and companies, listed on WSE and during the IPO process.


Source: The Warsaw Stock Exchange

http://www.gpw.pl/  

http://www.iposummitwarsaw.com/  



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