Xamarin Studio: Can't debug/run app on iOS 7 device

I can't debug/run apps on ipad Air device (iOS 7.0.6) with Xamarin Studio - Application compiles, deployed and runs fine with XCode.

Note: Application builds and runs fine under the simulator. Installs to device are OK, but crashes after the splash screen. No crash logs are produced.

Device: iPad Air iOS 7.0.6

XamarinStudio: 4.2.3.59 Xamarin.iOS: 7.0.7.2 (Enterprise) Xcode: 5.0.2