Press-release
Krasnodar
November 26, 2014
PJSC "Magnit" Announces the Change of Share of the Entity under the Issuer's Control
Krasnodar, November 26, 2014: PJSC "Magnit", Russia's largest food 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
November 21, 2014 Acquisition of shares
Amount of acquired shares: 1,855shares (0.001962% of the total equity)
Basis for acquisition: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 213,361 votes (0.225632% of the total number of
acquisition: votes)
Amount of votes after 215,216 votes (0.227594% of the total number of
acquisition: votes)
November 21, 2014 Disposal of shares
Amount of disposed shares: 10,473 shares (0.011075% of the total equity)
Basis for disposal: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange, Sale and Purchase
Agreements (off-exchange)
Amount of votes before 215,216 votes (0.227594% of the total number of
disposal: votes)
Amount of votes after 204,743 votes (0.216519% of the total number of
disposal: votes)
November 24, 2014 Acquisition of shares
Amount of acquired shares: 8,650 shares (0.009148% of the total equity)
Basis for acquisition: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 204,743 votes (0.216519% of the total number of
acquisition: votes)
Amount of votes after 213,393 votes (0.225666% of the total number of
acquisition: votes)
November 24, 2014 Disposal of shares
Amount of disposed shares: 1,018 shares (0.001077% of the total equity)
Basis for disposal: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 213,393 votes (0.225666% of the total number of
disposal: votes)
Amount of votes after 212,375 votes (0.224590% of the total number of
disposal: votes)
For further information, please contact:
Timothy Post Director, Investor Relations
Email: post@magnit.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@magnit.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 food retailer. Founded in 1994, the company is
headquartered in the southern Russian city of Krasnodar. As of September 30,
2014, Magnit operated 25 distribution centers and over 9,020 stores (7,891
convenience, 243 hypermarkets, and 886 drogerie stores) in approximately 2,000
cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the reviewed IFRS consolidated financial statements for 1H
2014, Magnit had revenues of $9,979 million USD and an EBITDA of $1,045 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 one of the largest retailers in Europe.