Press-release
Krasnodar
April 16, 2015
PJSC "Magnit" Announces the Change of Share of the Entity under the Issuer's Control
Krasnodar, April 16, 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 10, 2015 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 52,382 votes (0.055395% of the total number of votes)
disposal:
Amount of votes after 51,782 votes (0.054760% of the total number of votes)
disposal:
April 13, 2015 Acquisition of shares
Amount of acquired shares: 11,800 shares (0.012479% of the total equity)
Basis for acquisition: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 51,782 votes (0.054760% of the total number of votes)
acquisition:
Amount of votes after 63,582 votes (0.067239% of the total number of votes)
acquisition:
April 13, 2015 Disposal of shares
Amount of disposed shares: 6,500 shares (0.006874% of the total equity)
Basis for disposal: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 63,582 votes (0.067239% of the total number of votes)
disposal:
Amount of votes after 57,082 votes (0.060365% of the total number of votes)
disposal:
April 14, 2015 Acquisition of shares
Amount of acquired shares: 1,010 shares (0.001068% of the total equity)
Basis for acquisition: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 57,082 votes (0.060365% of the total number of votes)
acquisition:
Amount of votes after 58,092 votes (0.061433% of the total number of votes)
acquisition:
April 14, 2015 Disposal of shares
Amount of disposed shares: 2,952 shares (0.003122% of the total equity)
Basis for disposal: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 58,092 votes (0.061433% of the total number of votes)
disposal:
Amount of votes after 55,140 votes (0.058311% of the total number of votes)
disposal:
April 15, 2015 Disposal of shares
Amount of disposed shares: 6,289 shares (0.006651% of the total equity)
Basis for disposal: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 55,140 votes (0.058311% of the total number of votes)
disposal:
Amount of votes after 48,851 votes (0.051661% 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.