Press-release
Krasnodar
June 8,
2015
PJSC “Magnit” Announces the Decision
to Pay Dividends
Krasnodar, June 8, 2015:
PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MOEX
and LSE: MGNT) announces the decision to pay dividends for FY 2014
made by the AGM.
The annual general shareholders meeting, held on June 4, 2015, made the decision to pay dividends
on PJSC “Magnit” shares in the total amount of 12,535,998,832.35
rubles which is 132.57 rubles per share following the results of
2014 financial year.
| Type of
securities: |
ordinary
registered shares |
| State registration
number of the securities issue, date of registration: |
1-01-60525-P of March
4, 2004 |
| Governance body of
the Issuer which made the decision to pay dividends: |
General
Shareholders Meeting |
| Date of the
decision to pay dividends: |
June 4,
2015 |
| Date and the number
of the minutes of meeting where the decision to pay dividends was
made: |
Minutes w/o No.
of 05.06.2015 |
| Reporting period
which the dividend is paid for: |
2014financial year |
| Total amount of
dividends: |
12,535,998,832.35 rubles |
| The amount of
dividend accrued on one share following the results of 2013
financial year: |
132.57rubles |
| Form of
payment: |
monetary funds
in the currency of the Russian Federation by bank
transfer |
| Dividend payment
date for nominees: |
July 3,
2015 |
| Dividend payment
date for the other shareholders: |
July 24,
2015 |
| Record
date: |
June 19,
2015 |
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.