Press-release
Krasnodar
April 10, 2015
PJSC "Magnit" Announces the Change of Share of the Entity under the Issuer's Control
Krasnodar, April 10, 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
April 7, 2015 Disposal of shares
Amount of disposed shares: 300s hares (0.000317% of the total equity)
Basis for disposal: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 63,010 votes (0.066634% of the total number of votes)
disposal:
Amount of votes after 62,710 votes (0.066317% of the total number of votes)
disposal:
April 8, 2015 Acquisition of shares
Amount of acquired shares: 1,165 shares (0.001232% of the total equity)
Basis for acquisition: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 62,710 votes (0.066317% of the total number of votes)
acquisition:
Amount of votes after 63,875 votes (0.067549% of the total number of votes)
acquisition:
April 8, 2015 Disposal of shares
Amount of disposed shares: 1,153 shares (0.001219% of the total equity)
Basis for disposal: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 63,875 votes (0.067549% of the total number of votes)
disposal:
Amount of votes after 62,722 votes (0.066329% of the total number of votes)
disposal:
April 9, 2015 Disposal of shares
Amount of disposed shares: 10,340 shares (0.010935% of the total equity)
Basis for disposal: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 62,722 votes (0.066329% of the total number of votes)
disposal:
Amount of votes after 52,382 votes (0.055395% of the total number of votes)
disposal:
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 March 31, 2015,
Magnit operated 28 distribution centers and over 10,000 stores (8,581
convenience, 300 hypermarkets, and 1,239 drogerie stores) in approximately
2,180 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.