Press-release
Krasnodar
April 23, 2015
PJSC "Magnit" Announces Change of Share in the Charter Capital
Krasnodar, April 23, 2015: PJSC "Magnit", Russia's largest food retailer (the
"Company"; MOEX and LSE: MGNT), announces change of share in the charter
capital of PJSC "Magnit" (ordinary shares stake) owned by Khachatur
Pombukhchan, the chairman of PJSC "Magnit" Board of Directors.
Name and position of the Khachatur Pombukhchan, the chairman of PJSC "Magnit"
person: Board of Directors
Company: PublicJointStock Company "Magnit", 15/5, Solnechnaya
street, Krasnodar, Russia
Share in charter capital 0.002534%
before change:
Ordinary shares stake 0.002534%
before change:
Share in charter capital 0.002560%
after change:
Ordinary shares stake 0.002560%
after change:
Date of change of share in April22, 2015
the charter capital:
Date of the fact being April23, 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 March 31, 2015,
Magnit operated 28 distribution centers and over 10,000 stores (8,581
convenience, 300 hypermarkets, and 1,239 drogerie stores) in approximately
2,180 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the audited IFRS consolidated financial statements 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.