PR Newswire
London, May 20
Press-release Krasnodar May 20, 2015 PJSC "Magnit" Announces the Changeo f Share of the Entity under the Issuer's Control Krasnodar, May 20, 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 Joint Stock Company "Tander" address: 185, Levanevskogo street, Krasnodar, Russia Taxpayer Id Number: 2310031475 Principal State 1022301598549 Registration Number: Object of acquisition: voting shares of the Issuer May 14, 2015 Acquisition of shares Amount of acquired shares: 9,000 shares (0.009518% of the total equity) Basis for acquisition: Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange Amount of votes before 76,715 votes (0.081127% of the total number of votes) acquisition: Amount of votes after 85,715 votes (0.090645% of the total number of votes) acquisition: May 14, 2015 Disposal of shares Amount of disposed shares: 641shares (0.000678% of the total equity) Basis for disposal: Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange Amount of votes before 85,715 votes (0.090645% of the total number of votes) disposal: Amount of votes after 85,074 votes (0.089967% of the total number of votes) disposal: May 15, 2015 Acquisition of shares Amount of acquired shares: 6,579 shares (0.006957% of the total equity) Basis for acquisition: Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange Amount of votes before 85,074 votes (0.089967% of the total number of votes) acquisition: Amount of votes after 91,653 votes (0.096924% of the total number of votes) acquisition: May 15, 2015 Disposal of shares Amount of disposed shares: 208 shares (0.000220% of the total equity) Basis for disposal: Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange Amount of votes before 91,653 votes (0.096924% of the total number of votes) disposal: Amount of votes after 91,445 votes (0.096704% of the total number of disposal: votes) May 18, 2015 Acquisition of shares Amount of acquired shares: 655 shares (0.000693% of the total equity) Basis for acquisition: Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange Amount of votes before 91,445 votes (0.096704% of the total number of acquisition: votes) Amount of votes after 92,100 votes (0.097397% of the total number of votes) acquisition: May 18, 2015 Disposal of shares Amount of disposed shares: 8,083 shares (0.008548% of the total equity) Basis for disposal: Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange Amount of votes before 92,100 votes (0.097397% of the total number of votes) disposal: Amount of votes after 84,017 votes (0.088849% 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 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.