Press-release
Krasnodar
March 4, 2014
OJSC "Magnit" Announces the Change of Share of the Entity under the Issuer's Control
Krasnodar, March 4, 2014: OJSC "Magnit", Russia's largest retailer (the
"Company", the "Issuer", MICEX and LSE: MGNT), announces the change of share of
the entity which is under the Issuer's control.
Full company name and joint-stock company "Tander"
address:
185, Levanevskogo street, Krasnodar, Russia
Taxpayer Id Number: 2310031475
Principal State 1022301598549
Registration Number:
Object of acquisition: voting shares of the Issuer
February 26, 2014 Acquisition of shares
Amount of acquired shares: 300 shares (0.000317% of the total equity)
Basis for acquisition: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 45,516 votes (0.048134% of the total number of
acquisition: votes)
Amount of votes after 45,816 votes (0.048451% of the total number of votes)
acquisition:
February 26, 2014 Disposal of shares
Amount of disposed shares: 299 shares (0.000316% of the total equity)
Basis for disposal: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 45,816 votes (0.048451% of the total number of votes)
disposal:
Amount of votes after 45,517 votes (0.048135% of the total number of votes)
disposal:
March 3, 2014 Acquisition of shares
Amount of acquired shares: 207,844 shares (0.219798% of the total equity)
Basis for acquisition: Sale andPurchase Agreements executed in the trading
of MICEX Stock Exchange, Repurchase agreement
Amount of votes before 45,517 votes (0.048135% of the total number of
acquisition: votes)
Amount of votes after 253,361 votes (0.267933% of the total number of
acquisition: votes)
March 3, 2014 Disposal of shares
Amount of disposed shares: 4,699 shares (0.004969% of the total equity)
Basis for disposal: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 253,361 votes (0.267933% of the total number of
disposal: votes)
Amount of votes after 248,662 votes (0.262964% of the total number of
disposal: votes)
For further information, please contact:
Timothy Post Director, Investor Relations
Email: post@gw.tander.ru
Office: +7-861-277-4554 x17600
Mobile: +7-961-511-7678
Direct Line: +7-861-277-4562
Dina Svishcheva Deputy Director, Investor Relations
Email: Chistyak@gw.tander.ru
Office: +7-861-277-45-54 x15101
Mobile: +7-961-511-0202
Direct Line: +7-861-277-4562
Company description:
Magnit is Russia's largest retailer. Founded in 1994, the company is
headquartered in the southern Russian city of Krasnodar. As of December 31,
2013, Magnit operated 22 distribution centers and over 8,000 stores (7,200
convenience, 207 hypermarkets, and 686 cosmetics) in more than 1,868 cities and
towns throughout 7 federal regions of the Russian Federation.
In accordance with the unaudited IFRS management accounts for 2013, Magnit had
revenues of $18,202 million USD and an EBITDA of $2,032 million USD. Magnit's
local shares are traded on the Moscow Stock Exchange (MICEX: 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 now
Europe's 2nd largest retailer.