Press-release
Krasnodar
February 17, 2015
PJSC "Magnit" Announces Change of Share in the Charter Capital
Krasnodar, February 17, 2015: PJSC "Magnit", Russia's largest food retailer
(the "Company"; MOEX and LSE: MGNT), announces change of share in the charter
capital of PJSC "Magnit" (ordinary shares stake) owned by Khachatur
Pombukhchan, the chairman of PJSC "Magnit" Board of Directors.
Name and position of the Khachatur Pombukhchan, the chairman of PJSC "Magnit"
person: Board of Directors
Company: PublicJointStock Company "Magnit", 15/5, Solnechnaya
street, Krasnodar, Russia
Share in charter capital 0.004278%
before change:
Ordinary shares stake 0.004278%
before change:
Share in charter capital 0.001586%
after change:
Ordinary shares stake 0.001586%
after change:
Date of change of share in February16, 2015
the charter capital:
Date of the fact being February 17, 2015
reported:
For further information, please contact:
Timothy Post Director, Investor Relations
Email: post@magnit.ru
Office: +7-861-277-4554 x 17600
Mobile: +7-961-511-7678
Direct Line: +7-861-277-4562
Dina Svishcheva Deputy Director, Investor Relations
Email: Chistyak@magnit.ru
Office: +7-861-277-45-54 x 15101
Mobile: +7-961-511-0202
Direct Line: +7-861-277-4562
Company description:
Magnit is Russia's largest food retailer. Founded in 1994, the company is
headquartered in the southern Russian city of Krasnodar. As of September 30,
2014, Magnit operated 25 distribution centers and over 9,020 stores (7,891
convenience, 243 hypermarkets, and 886 drogeries) in approximately 2,000 cities
and towns throughout 7 federal regions of the Russian Federation.
In accordance with the reviewed IFRS consolidated financial statements for 1H
2014, Magnit had revenues of $9,979 million USD and an EBITDA of $1,045 million
USD. Magnit's local shares are traded on the Moscow Stock Exchange (MOEX: MGNT)
and its GDRs on the London Stock Exchange (LSE: MGNT) and it has a credit
rating from Standard & Poor's of BB. Measured by market capitalization, Magnit
is one of the largest retailers in Europe.