Press-release
Krasnodar
January 21, 2015
PJSC "Magnit" Announces Change of Share in the Charter Capital
Krasnodar, January 21, 2015: PJSC "Magnit", Russia's largest food retailer (the
"Company"; MICEX and LSE: MGNT), announces the change of share in the charter
capital of PJSC "Magnit" (ordinary shares stake) owned by Marina Ivanova, the
member of the PJSC "Magnit" Management Board, from 0.003691% to 0.003441%.
Name and position of the Marina Ivanova, the member of the PJSC "Magnit"
person: Management Board
Company: Publicjoint-stock company "Magnit", 15/5,
Solnechnaya street, Krasnodar, Russia
Share in charter capital before 0.003691%
change:
Ordinary shares stake before 0.003691%
change:
Share in charter capital after 0.003441%
change:
Ordinary shares stake after 0.003441%
change:
Date of change of share in the January 20, 2015
charter capital:
Date of the fact being January 21, 2015
reported:
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 December 31,
2014, Magnit operated 27 distribution centers and over 9,700 stores (3,344
convenience, 287 hypermarkets, and 1,080 drogerie stores) in approximately
2,100 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.