Press-release
Krasnodar
March 7, 2014
OJSC "Magnit" Announces the Exclusion of its Bonds from the Quotation List "A"
Level 1 at MICEX
Krasnodar, March 7, 2014: OJSC «Magnit», Russia's largest retailer (the
"Company"; MICEX and LSE: MGNT), announces the exclusion of its bonds from the
Quotation list "A" Level 1 at MICEX.
Please be informed that on March 5, 2014 exchange-traded bonds of BO-05 series
were excluded from the Quotation list "A" Level 1, List of securities admitted
to trading at CJSC "MICEX Stock Exchange", due to their redemption (regulation
of CJSC "MICEX Stock Exchange" №256-r as of 05.03.2014).
Securities market maker: Close joint-stock company "MICEX Stock Exchange"
Type of securities: Non-convertible interest-bearing certified
exchange-traded bonds of BO-05 series to the
bearer with the obligatory centralized
custody (identification number of the issue
4B02-05-60525-P as of February 16, 2011)
For further information, please contact:
Timothy Post Director, Investor Relations
Email: post@gw.tander.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@gw.tander.ru
Office: +7-861-277-45-54 x 15101
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.