Press-release
Krasnodar
March 6, 2015
PJSC "Magnit" Announces the Disposal of Shares by the Entity under the Issuer's
Control
Krasnodar, March 6, 2015: PJSC "Magnit", Russia's largest food retailer (the
"Company", the "Issuer", MOEX and LSE: MGNT), announces the disposal of shares
by 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 disposal: voting shares of the Issuer
Date of disposal: March 4, 2015
Amount of disposed shares: 11,287 shares (0.011936% of the total equity)
Basis for disposal: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 111,806 votes (0.118236% of the total number of
disposal: votes)
Amount of votes after 100,519 votes (0.106300% of the total number of
disposal: votes)
Date of disposal: March 5, 2015
Amount of disposed shares: 14,188 shares (0.015004% of the total equity)
Basis for disposal: Sale and Purchase Agreements executed in the trading
of MICEX Stock Exchange
Amount of votes before 100,519 votes (0.106300% of the total number of
disposal: votes)
Amount of votes after 86,331 votes (0.091296% of the total number of votes)
disposal:
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 (8,344
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 unaudited IFRS management accounts for 2014, Magnit had
revenues of RUB 764 billion and an EBITDA of RUB 86 billion. Magnit's local
shares are traded on the Moscow Stock Exchange (MOEX: 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.