Press-release
Krasnodar
February 9, 2016
PJSC “Magnit” Announces the Change of Share of the Entity under the Issuer’s Control
Krasnodar, February 9, 2016: 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 address: |
Joint Stock Company “Tander”
185, Levanevskogo street, Krasnodar, Russia |
| Taxpayer Id Number: |
2310031475 |
| Principal State Registration Number: |
1022301598549 |
| Object of acquisition: |
voting shares of the Issuer |
|
|
|
|
| February 4, 2016 |
Acquisition of shares |
| Amount of acquired shares: |
8,727 shares (0.009229% of the total equity) |
| Basis for acquisition: |
Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before acquisition: |
24,906 votes (0.026338% of the total number of votes) |
| Amount of votes after acquisition: |
33,633 votes (0.035567% of the total number of votes) |
|
|
|
|
| February 4, 2016 |
Disposal of shares |
| Amount of disposed shares: |
1,500 shares (0.001586% of the total equity) |
| Basis for disposal: |
Sale and Purchase Agreement executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: |
33,633 votes (0.035567% of the total number of votes) |
| Amount of votes after disposal: |
32,133 votes (0.033981% of the total number of votes) |
|
|
| February 5, 2016 |
Acquisition of shares |
| Amount of acquired shares: |
9,800 shares (0.010364% of the total equity) |
| Basis for acquisition: |
Sale and Purchase Agreement executed in the trading of MICEX Stock Exchange |
| Amount of votes before acquisition: |
32,133 votes (0.033981% of the total number of votes) |
| Amount of votes after acquisition: |
41,933 votes (0.044345% of the total number of votes) |
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 December 31, 2015, Magnit operated 33 distribution centers and 12,089 stores (9,594 convenience, 374 hypermarkets, and 2,121 drogerie stores) in 2,361 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the unaudited IFRS management accounts for 2015, Magnit had revenues of RUB 951 billion and an EBITDA of RUB 104 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.