OREANDA-NEWS. At the ceremony of the prestigious IR magazine Russia & CIS Awards, that took place yesterday, MegaFon's Director for Investor Relations and M&A Dmitry Kononov was named the best IRO among public telecommunications companies.

In November 2012, MegaFon held an initial public offering of its shares on the Moscow and London stock exchanges. According to ЕМЕА Finance Magazine, the Company's IPO was considered the best IPO in Central and Eastern Europe in 2012. Since that moment, the Company's global depositary receipts (GDRs) have appreciated by 51%, despite volatile capital markets in Q1 2014, following MegaFon's solid operating and financial performance and efficient work of the Company's IR team headed by Dmitry Kononov. The "Best IRO in telecommunications" award reflects that sell-side and buy-side representatives investing in Russia and CIS voted for MegaFon and in such a manner highly valued the Company's efforts in creating the most successful communication with shareholders and investors.

“I am happy to get this prestigious award in the Investor Relations as the public history of our Company counts only 18 months. This is not just my personal merit, but of the whole team. In our regular work we use best practices and methods of communication with shareholders and investors. MegaFon participates in different conferences and events being arranged by Russian and foreign investment banks on a regular basis in order to maintain direct contact with existing and potential investors. We are aimed at providing our investors and shareholders with the most full, clear and up-to-date information about the Company's performance”, - comments Dmitry Kononov, Director of Investor Relations and M&A.