Press-release
Krasnodar
July 22, 2015
PJSC “Magnit” Announces the Change of the Name of its Registrar
Krasnodar, July 22, 2015: PJSC “Magnit”, Russia’s largest food retailer (the “Company”, the “Issuer”; MOEX and LSE: MGNT), announces the change of the name of its registrar.
Please be informed that on July 9, 2015 the name of the registrar of PJSC “Magnit” has changed from Open Joint Stock Company “Objedinennaya registratsionnaya kompaniya” (OJSC “ORK”) to Joint Stock Company “Objedinennaya registratsionnaya kompaniya” (JSC “ORK”).
Full company name, the company’s registration data and location address:
Joint Stock Company “Objedinennaya registratsionnaya kompaniya”
Building 1, 30 Buzheninova str., Moscow, Russian Federation
Taxpayer Id. Number: 7705108630
Principal State Registration Number: 1027700036540
Agent’s services rendered by the organization involved by the Issuer:
services on payment of dividends, announced by the Issuer, and accounting of paid, non-paid and returned dividends
Type of securities, state registration number of the securities issue and the date of registration:
ordinary registered shares, 1-01-60525-P of March 4, 2004
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, 2015, Magnit operated 29 distribution centers and over 10,700 stores (8,890 convenience, 311 hypermarkets, and 1,527 drogerie stores) in approximately 2,233 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the unaudited IFRS management accounts for 1H 2015, Magnit had revenues of RUB 455 billion and an EBITDA of RUB 49 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.