Press-release
Krasnodar
March 18, 2015
PJSC "Magnit" Dividend Payment Update
Krasnodar, March 18, 2015: PJSC "Magnit", Russia's largest food retailer (the
"Company"; MOEX and LSE: MGNT), announces the payment of dividends.
Please be informed that the Company has made dividend payment on its shares
following the results of the 9 months of 2014 financial year.
Type of securities: ordinary registered shares
State registration number of the issue: 1-01-60525-P as of
04.03.2004
Total amount of dividends accrued on shares 14,379, 945,254.85 rubles
following the results of the 9 months of 2014
financial year:
Amount of dividend accrued on one share following 152.07 rubles
the results of the 9 months of 2014 financial year:
Total number of the issuer's securities 94,561,355 shares
Form of yield payment: monetary funds in the
currency of the Russian
Federationby bank transfer
Dividend record date: December 30, 2014
Dividend payment date for nominees: January 22, 2015
Dividend payment date for the other shareholders February 12, 2015
registered in the shareholder register:
The Company has effected dividend payment in the amount of 14,379,929,135.43
rubles, out of which 26,460.18 rubles were returned as of March 18, 2015 due to
the absence of the accurate bank account details and/ or another creditor's
delay.
The outstanding dividend amount is 16,119.42 rubles which represents 0.000112%
of the total amount of the announced dividends. Nonpayment is due to the
absence of the bank account details required for the payment.
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.