Press-release
Krasnodar
January 23, 2015
PJSC "Magnit" Announces Change of Share in the Charter Capital
Krasnodar, January 23, 2015: PJSC "Magnit", Russia's largest food retailer (the
"Company"; MICEX and LSE: MGNT), announces change of share in the charter
capital of PJSC "Magnit" (ordinary shares stake) owned by Sergey Galitskiy and
Khachatur Pombukhchan.
Name and position of the Sergey Galitskiy, Chief Executive Officer of PJSC
person: "Magnit", the member of the PJSC "Magnit" Board of
Directors, the chairman of the PJSC "Magnit"
Management Board
Company: Public joint-stock company "Magnit", 15/5,
Solnechnaya street, Krasnodar, Russia
Share in the charter 37.5820%
capital before change:
Ordinary shares stake 37.5820%
before change:
Share in the charter 37.0532%
capital after change:
Ordinary shares stake 37.0532%
after change:
Date of change of share in January 22, 2015
the charter capital:
Date of the fact being January 23, 2015
reported:
Name and position of the Khachatur Pombukhchan, the chairman of PJSC "Magnit"
person: Board of Directors
Company: Publicjoint-stock company "Magnit", 15/5,
Solnechnaya street, Krasnodar, Russia
Share in charter capital 0.004241%
before change:
Ordinary shares stake 0.004241%
before change:
Share in charter capital 0.004278%
after change:
Ordinary shares stake 0.004278%
after change:
Date of change of share in January22, 2015
the charter capital:
Date of the fact being January 23, 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.