Press-release
Krasnodar
February 25, 2015
PJSC "Magnit" Announces the Change of Share of the Entity under the Issuer's Control
Krasnodar, February 25, 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 JointStock 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
February 20, 2015 Acquisition of shares
Amount of acquired shares: 9,300 shares (0.009835% of the total equity)
Basis for acquisition: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 77,114 votes (0.081549% of the total number of votes)
acquisition:
Amount of votes after 86,414 votes (0.091384% of the total number of votes)
acquisition:
February 20, 2015 Disposal of shares
Amount of disposed shares: 479 shares (0.000507% of the total equity)
Basis for disposal: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 86,414 votes (0.091384% of the total number of votes)
disposal:
Amount of votes after 85,935 votes (0.090878% of the total number of votes)
disposal:
February 24, 2015 Acquisition of shares
Amount of acquired shares: 8,500 shares (0.008989% of the total equity)
Basis for acquisition: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 85,935 votes (0.090878% of the total number of votes)
acquisition:
Amount of votes after 94,435 votes (0.099866% of the total number of votes)
acquisition:
February 24, 2015 Disposal of shares
Amount of disposed shares: 6,400 shares (0.006768% of the total equity)
Basis for disposal: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 94,435 votes (0.099866% of the total number of votes)
disposal:
Amount of votes after 88,035votes (0.093098% 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 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 unaudited IFRS management accounts 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.