Press-release
Krasnodar
September 3, 2014
OJSC "Magnit" Announces the Change of Share ofthe Entity under the Issuer's Control
Krasnodar, September 3, 2014: OJSC "Magnit", Russia's largest food retailer
(the "Company", the "Issuer", MICEX 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
August 29, 2014 Acquisition of shares
Amount of acquired shares: 10,309 shares (0.010902% of the total equity)
Basis for acquisition: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 247,821 votes (0.262074% of the total number of
acquisition: votes)
Amount of votes after 258,130 votes (0.272976% of the total number of
acquisition: votes)
August 29, 2014 Disposal of shares
Amount of disposed shares: 600 shares (0.000635% of the total equity)
Basis for disposal: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 258,130 votes (0.272976% of the total number of
disposal: votes)
Amount of votes after 257,530 votes (0.272342% of the total number of
disposal: votes)
September 1, 2014 Acquisition of shares
Amount of acquired shares: 21,200 shares (0.022419% of the total equity)
Basis for acquisition: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 257,530 votes (0.272342% of the total number of
acquisition: votes)
Amount of votes after 278,730 votes (0.294761% of the total number of
acquisition: votes)
September 2, 2014 Acquisition of shares
Amount of acquired shares: 11,387 shares (0.012042% of the total equity)
Basis for acquisition: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 278,730 votes (0.294761% of the total number of
acquisition: votes)
Amount of votes after 290,117 votes (0.306803% of the total number of
acquisition: votes)
September 2, 2014 Disposal of shares
Amount of disposed shares: 497 shares (0.000526% of the total equity)
Basis for disposal: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 290,117 votes (0.306803% of the total number of
disposal: votes)
Amount of votes after 289,620 votes (0.306277% 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 June 30, 2014,
Magnit operated 24 distribution centers and over 8,600 stores (7,614
convenience, 226 hypermarkets, and 778 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 (MICEX:
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.