MAGNIT PJSC (MGNT)
PJSC 'Magnit' notifies on the transactions by persons discharging managerial responsibilities and persons closely associated with them

15-Nov-2017 / 16:07 CET/CEST
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The issuer is solely responsible for the content of this announcement.

Press Release

Krasnodar

November 15, 2017

PJSC "Magnit" notifies on the transactions by persons discharging managerial responsibilities and persons closely associated with them

Krasnodar, Russia (November 15, 2017): Magnit PJSC, one of Russia's leading retailers (the "Company"; MOEX and LSE: MGNT), notifies on the transactions by persons discharging managerial responsibilities and persons closely associated with them.

 Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

LAVRENO LIMITED

2

Reason for the notification

a)

Position/status

Notification concerns a person closely associated with a person discharging managerial responsibilities: Sergey Galitskiy (member of the BOD of PJSC "Magnit", Chairman of the Management Board of PJSC "Magnit", CEO of PJSC "Magnit")

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer

a)

Name

Public Joint Stock Company "Magnit"

b)

LEI

2534009KKPTVL99W2Y12

4.1

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code

Share

ISIN RU000A0JKQU8

b)

Nature of the transaction

Acquisition of securities (repurchase agreement)

c)

Price(s) and volume(s)

Price (RUB.)	Volume
6,185	2,800,000

d)

Aggregated information

- Aggregated volume

- Price

Price (RUB.)	Aggregated volume
6,185	2,800,000

e)

Date of the transaction

November 15, 2017

f)

Place of the transaction

outside a trading venue

4.2

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code

Share

ISIN RU000A0JKQU8

b)

Nature of the transaction

Acquisition of securities (repurchase agreement)

c)

Price(s) and volume(s)

Price (RUB.)	Volume
6,185	2,100,000

d)

Aggregated information

- Aggregated volume

- Price

Price (RUB.)	Aggregated volume
6,185	2,100,000

e)

Date of the transaction

November 15, 2017

f)

Place of the transaction

outside a trading venue

4.3

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code

Share

ISIN RU000A0JKQU8

b)

Nature of the transaction

Acquisition of securities (repurchase agreement)

c)

Price(s) and volume(s)

Price (RUB.)	Volume
6,185	1,500,000

d)

Aggregated information

- Aggregated volume

- Price

Price (RUB.)	Aggregated volume
6,185	1,500,000

e)

Date of the transaction

November 15, 2017

f)

Place of the transaction

outside a trading venue

4.4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code

Share

ISIN RU000A0JKQU8

b)

Nature of the transaction

Acquisition of securities (repurchase agreement)

c)

Price(s) and volume(s)

Price (RUB.)	Volume
6,185	700,000

d)

Aggregated information

- Aggregated volume

- Price

Price (RUB.)	Aggregated volume
6,185	700,000

e)

Date of the transaction

November 15, 2017

f)

Place of the transaction

outside a trading venue

For further information, please contact:

Timothy Post	Head of Investor Relations Email: post@magnit.ru Office: +7-861-277-4554 x 17600
Dina Svishcheva	Deputy Director, Investor Relations Email: Chistyak@magnit.ru Office: +7-861-277-4554 x 15101
Media Inquiries	Media Relations Department press@magnit.ru

Company description:

Public Joint Stock Company "Magnit" is one of Russia's leading retailers. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of September 30, 2017, Magnit operated 36 distribution centers and 15,697 stores (11,743 convenience, 432 hypermarkets and 3,522 drogerie stores) in 2,664 cities and towns throughout 7 federal regions of the Russian Federation.

In accordance with the reviewed IFRS consolidated financial statements for 1H 2017, Magnit had revenues of RUB 555 billion and an EBITDA of RUB 49 billion. Magnit's local shares are traded on the Moscow 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.

ISIN:	US55953Q2021
Category Code:	MSCU
TIDM:	MGNT
LEI Code:	2534009KKPTVL99W2Y12
OAM Categories:	3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.:	4867

End of Announcement EQS News Service

629769  15-Nov-2017