Press-release
Krasnodar
March 27, 2015
PJSC "Magnit" Announces the Change of Share of the Entity under the Issuer's Control
Krasnodar, March 27, 2015: PJSC "Magnit", Russia's largest food retailer (the
"Company", the "Issuer", MOEX and LSE: MGNT), announces the change of share of
the entity which is under the Issuer's control.
Full company name and Joint Stock Company "Tander"
address:
185, Levanevskogo street, Krasnodar, Russia
Taxpayer Id Number: 2310031475
Principal State 1022301598549
Registration Number:
Object of acquisition: voting shares of the Issuer
March 20, 2015 Disposal of shares
Amount of disposed shares: 12,938 shares (0.013682% of the total equity)
Basis for disposal: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 140,384 votes (0.148458% of the total number of
disposal: votes)
Amount of votes after 127,446 votes (0.134776% of the total number of
disposal: votes)
March 23, 2015 Disposal of shares
Amount of disposed shares: 10,500 shares (0.011104% of the total equity)
Basis for disposal: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 127,446 votes (0.134776% of the total number of
disposal: votes)
Amount of votes after 116,946 votes (0.123672% of the total number of
disposal: votes)
March 24, 2015 Acquisition of shares
Amount of acquired shares: 2,000 shares (0.002115% of the total equity)
Basis for acquisition: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 116,946 votes (0.123672% of the total number of
acquisition: votes)
Amount of votes after 118,946 votes (0.125787% of the total number of
acquisition: votes)
March 24, 2015 Disposal of shares
Amount of disposed shares: 7,380 shares (0.007804% of the total equity)
Basis for disposal: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 118,946 votes (0.125787% of the total number of
disposal: votes)
Amount of votes after 111,566 votes (0.117983% of the total number of
disposal: votes)
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 December 31,
2014, Magnit operated 27 distribution centers and over 9,700 stores (8,344
convenience, 287 hypermarkets, and 1,080 drogerie stores) in approximately
2,100 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the audited IFRS consolidated financial statements for 2014,
Magnit had revenues of RUB 764 billion and an EBITDA of RUB 86 billion.
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.