Press-release
Krasnodar
December 18, 2015
PJSC “Magnit” Announces the Change of Share of the Management Board Members in the Charter Capital
Krasnodar, December 18, 2015: PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MOEX and LSE: MGNT), announces the change of share of the Management Board members in the charter capital.
On December 18, 2015 the Company was notified of the following changes of share of the Management Board members in the 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 |
0,001540% |
0,001540% |
0,001539% |
0,001539% |
December 9, 2015 |
Ilya Sattarov
Member of the Management Board |
0,001539% |
0,001539% |
0,001328% |
0,001328% |
December 11, 2015 |
Ilya Sattarov
Member of the Management Board |
0,001328% |
0,001328% |
0,002217% |
0,002217% |
December 14, 2015 |
Ilya Sattarov
Member of the Management Board |
0,002217% |
0,002217 % |
0,002215% |
0,002215% |
December 15, 2015 |
Ilya Sattarov
Member of the Management Board |
0,002215% |
0,002215% |
0,001582% |
0,001582% |
December 17 , 2015 |
Alexander Barsukov
Member of the Management Board |
0,0% |
0,0% |
0,000888% |
0,000888% |
December 14, 2015 |
Marina Ivanova
Member of the Management Board |
0,002119% |
0,002119% |
0,001189% |
0,001189% |
December 11, 2015 |
Marina Ivanova
Member of the Management Board |
0,001189% |
0,001189% |
0,002077% |
0,002077% |
December 14, 2015 |
Marina Ivanova
Member of the Management Board |
0,002077% |
0,002077% |
0,001125% |
0,001125% |
December 15,2015 |
Sergey Galitskiy
Chairman of the PJSC “Magnit” Management Board, Member of the PJSC “Magnit” Board of Directors, Chief Executive Officer of PJSC “Magnit” |
36,4927% |
36,4927% |
38,6659% |
38,6659% |
December 14,2015 |
For further information, please contact:
| Timothy Post |
Head of Investor Relations
Email: post@magnit.ru
Office: +7-861-277-4554 x 17600
Mobile: +7-961-511-7678
Direct Line: +7-861-277-4562 |
| Investor Relations Office |
MagnitIR@magnit.ru
Direct Line: +7-861-277-4562
Website: ir.magnit.com/ |
| Media Inquiries |
Media Relations 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 September 30, 2015, Magnit operated 29 distribution centers and about 11,400 stores (9,246 convenience, 335 hypermarkets, and 1,807 drogerie stores) in approximately 2,297 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.