Press-release
Krasnodar
October 8, 2015
PJSC “Magnit” Announces the Change of Share of the BoD and the Management Board Members in the Charter Capital
Krasnodar, October 8, 2015: PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MOEX and LSE: MGNT), announces the change of share of the BoD and the Management Board Members in the Charter Capital.
On October 8, 2015 the Company was notified of the following changes of share of the BoD and the Management Board Members in its charter capital.
| Name and position |
Share in the charter capital before change |
Share of the ordinary shares before change |
Share in the charter capital after change |
Share of the ordinary shares after change |
Date of change |
Ilya Sattarov
Member of the Management Board |
0,001939% |
0,001939% |
0,002828% |
0,002828% |
October 1, 2015 |
Khachatur Pombukhchan
Chairman of the BoD |
0,001681% |
0,001681% |
0,002570% |
0,002570% |
October 1, 2015 |
Khachatur Pombukhchan
Chairman of the BoD |
0,002570% |
0,002570% |
0,0% |
0,0% |
October 6, 2015 |
Marina Ivanova
Member of the Management Board |
0,002134% |
0,002134% |
0,003022% |
0,003022% |
October 1, 2015 |
Aslan Shkhachemukov
Member of the Management Board |
0,006014% |
0,006014% |
0,006902% |
0,006902% |
October 1, 2015 |
Andrey Arutyunyan
Member of the Management Board |
0,212535% |
0,212535% |
0,213423% |
0,213423% |
October 1, 2015 |
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: +7-861-277-4554 x 15101
Mobile: +7-961-511-0202
Direct Line: +7-861-277-4562 |
| Media Inquiries |
PR and GR Department
press@magnit.ru |
|
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 reviewed IFRS consolidated financial statements 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.