Press-release
Krasnodar
May 26,
2015
PJSC “Magnit” Announces the Change of
Share of the Entity under the Issuer’s Control
Krasnodar, May 26, 2015:
PJSC “Magnit”, Russia’s largest food retailer (the “Company”, the
“Issuer”, MOEX and LSE: MGNT), announces the change of share of the
entity which is under the Issuer’s control.
| Full company name and
address: |
Joint Stock Company “Tander”
185, Levanevskogo street, Krasnodar, Russia |
| Taxpayer Id
Number: |
2310031475 |
| Principal State
Registration Number: |
1022301598549 |
| Object of
acquisition: |
voting shares of
the Issuer |
|
|
|
|
| May 19, 2015 |
Disposal of
shares |
| Amount of disposed
shares: |
9,680 shares
(0.010237% of the total equity) |
| Basis for
disposal: |
Sale and
Purchase Agreements executed in the trading of MICEX Stock
Exchange |
| Amount of votes before
disposal: |
84,017 votes
(0.088849% of the total number of votes) |
| Amount of votes after
disposal: |
74,337 votes
(0.078612% of the total number of votes) |
|
|
|
|
| May 20, 2015 |
Acquisition of
shares |
| Amount of acquired
shares: |
15,000 shares
(0.015863% of the total equity) |
| Basis for
acquisition: |
Sale and
Purchase Agreements executed in the trading of MICEX Stock
Exchange |
| Amount of votes before
acquisition: |
74,337 votes
(0.078612% of the total number of votes) |
| Amount of votes after
acquisition: |
89,337 votes
(0.094475% of the total number of votes) |
|
|
| May 21, 2015 |
Acquisition of
shares |
| Amount of acquired
shares: |
7,444 shares
(0.007872% of the total equity) |
| Basis for
acquisition: |
Sale and
Purchase Agreements executed in the trading of MICEX Stock
Exchange |
| Amount of votes before
acquisition: |
89,337 votes
(0.094475% of the total number of votes) |
| Amount of votes after
acquisition: |
96,781 votes
(0.102347% of the total number of votes) |
|
|
|
|
| May 22, 2015 |
Acquisition of
shares |
| Amount of acquired
shares: |
5,406 shares
(0.005717% of the total equity) |
| Basis for
acquisition: |
Sale and
Purchase Agreements executed in the trading of MICEX Stock
Exchange |
| Amount of votes before
acquisition: |
96,781 votes
(0.102347% of the total number of votes) |
| Amount of votes after
acquisition: |
102,187 votes
(0.108064% of the total number of 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 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.