Press-release
Krasnodar
December 24, 2014
PJSC "Magnit" Announces the Change of Share of the BoD Members and the Members
of the Management Board in the Charter Capital
Krasnodar, December 24, 2014: PJSC "Magnit", Russia's largest food retailer
(the "Company"; MICEX and LSE: MGNT), announces the change of share of the BoD
members and the members of the Management Board in the charter capital.
On December 24, 2014 the Company has been notified of the following changes of
share of the BoD members and the members of the Management Board in its charter
capital.
Name and Share in the Share of the Share in the Share of the Date of
position charter ordinary charter ordinary change
capital shares before capital shares after
before change change after change change
Marina 0,005489% 0,005489% 0,004748% 0,004748% December
Ivanova 22, 2014
Member of the
Management
Board
Andrey 0,209384% 0,209384% 0,210758% 0,210758% December
Arutyunyan 16, 2014
BoD member
Khachatur 0,002284% 0,002284% 0,004241% 0,004241% December
Pombukhchan 16, 2014
Chairman of
the BoD
Alexander 0,00596% 0,00596% 0,007021% 0,007021% December
Barsukov 16, 2014
Member of the
Management
Board
Alexander 0,007021% 0,007021% 0,006754% 0,006754% December
Barsukov 22, 2014
Member of the
Management
Board
Ilya Sattarov 0,002025% 0,002025% 0,003400% 0,003400% December
16, 2014
Member of the
Management
Board
Aslan 0,00547% 0,00547% 0,006845% 0,006845% December
Shkhachemukov 16, 2014
BoD Member
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 drogerie stores) 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.