Press-release
Krasnodar
June 5,
2015
PJSC “Magnit” Announces the Disposal
of Shares by the Entity under the Issuer’s Control
Krasnodar, June 5, 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
address: |
Joint Stock Company “Tander”
185, Levanevskogo street, Krasnodar, Russia |
| Taxpayer Id
Number: |
2310031475 |
| Principal State
Registration Number: |
1022301598549 |
| Object of
disposal: |
voting shares of
the Issuer |
|
|
|
|
| Date of disposal: |
June 3,
2015 |
| Amount of disposed
shares: |
705 shares
(0.000746% of the total equity) |
| Basis for
disposal: |
Sale and
Purchase Agreements executed in the trading of MICEX Stock
Exchange |
| Amount of votes before
disposal: |
101,759 votes
(0.107612% of the total number of votes) |
| Amount of votes after
disposal: |
101,054 votes
(0.106866% of the total number of votes) |
|
|
|
|
| Date of disposal: |
June 4,
2015 |
| Amount of disposed
shares: |
676 shares
(0.000715% of the total equity) |
| Basis for
disposal: |
Sale and
Purchase Agreements executed in the trading of MICEX Stock
Exchange |
| Amount of votes before
disposal: |
101,054 votes
(0.106866% of the total number of votes) |
| Amount of votes after
disposal: |
100,378 votes
(0.106151% 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.