DJ MAGNIT PJSC: PJSC 'Magnit' announces the state registration of the additional issue of securities
Dow Jones received a payment from EQS/DGAP to publish this press release.
MAGNIT PJSC (MGNT)
MAGNIT PJSC: PJSC 'Magnit' announces the state registration of the
additional issue of securities
04-Dec-2017 / 17:17 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
This announcement is not for publication or distribution, directly or
indirectly, in or into the United States, Australia, Canada, Japan or any
other jurisdiction in which offers or sales would be prohibited by law. The
distribution of this announcement may be restricted by law in certain
jurisdictions and persons into whose possession any document or other
information referred to herein comes should inform themselves about and
observe any such restriction. Any failure to comply with these restrictions
may constitute a violation of the securities laws of any such jurisdiction.
This announcement does not contain or constitute an offer of, or the
solicitation of an offer to purchase or subscribe for, the shares to any
person in the United States, Australia, Canada or Japan or in any
jurisdiction to whom or in which such offer or solicitation is unlawful. The
shares may not be offered or sold in the United States unless registered
under the US Securities Act or offered in a transaction exempt from, or not
subject to, the registration requirements of the US Securities Act. The
offer and sale of the shares referred to herein has not been and will not be
registered under the US Securities Act or under the applicable securities
laws of Australia, Canada or Japan. Subject to certain exceptions, the
shares referred to herein may not be offered or sold in Australia, Canada or
Japan or to, or for the account or benefit of, any national, resident or
citizen of Australia, Canada or Japan. There will be no public offer of the
shares in the United States, Australia, Canada or Japan or elsewhere.
Members of the general public are not eligible to take part in the sale. In
member states of the European Economic Area ("EEA") (each, a "Relevant
Member State"), this announcement and any offer if made subsequently is sent
and addressed to and directed only at persons who are "qualified investors"
within the meaning of the Prospectus Directive ("Qualified Investors"). For
these purposes, the expression "Prospectus Directive" means Directive
2003/71/EC (and amendments thereto, including the 2010 PD Amending
Directive), and includes any relevant implementing measure in the Relevant
Member State and the expression "2010 PD Amending Directive" means Directive
2010/73/EU. In the United Kingdom this announcement is sent and distributed
to and directed exclusively at Qualified Investors (i) who have professional
experience in matters relating to investments falling within Article 19(5)
of the Financial Services and Markets Act 2000 (Financial Promotion) Order
2005, as amended (the "Order") or (ii) who fall within Article 49(2)(A) to
(D) of the Order, or (iii) to whom it may otherwise lawfully be
communicated, and the shares will only be available to, and any investment
activity to which this announcement relates will only be engaged in with,
such persons and it should not be relied on by anyone other than such
persons.
THIS ANNOUNCEMENT AND MATERIALS CONYAINED IN IT ARE PROVIDED EXCLUSIVELY FOR
THE INFORMATION AND ARE NOT AN OFFER OR A PART OF AN OFFER OR AN INVITATION
TO ACQUIRE OR DISPOSE SECURITIES IN ANY JURISDICTION INCLUDING THE USA,
AUSTRALIA, CANADA AND JAPAN.
Press Release
Krasnodar
December 4, 2017
PJSC "Magnit" announces the state registration of the additional issue of
securities
Krasnodar, Russia (December 4, 2017): Magnit PJSC, one of Russia's leading
retailers (the "Company"; MOEX and LSE: MGNT), announces the state
registration of the additional issue of securities.
Information on the state registration of the additional issue of securities
Type,
category,
series of
securities: ordinary registered uncertified shares (state
registration number - 1-01-60525-P as of 04.03.2004),
International Securities Identification Number (ISIN)
RU000A0JKQU8.
State No. 1-01-60525-P as of December 4, 2017
registration
number of
the
additional
issue of
securities
and date of
registration
:
Registration Bank of Russia
authority
which
exercised
state
registration
of the
additional
issue of
securities:
Amount of 7,350,000 (seven million three hundred and fifty)
securities shares with a nominal value of 0.01 (0 rubles 01
subject to kopeck) per share
offering and
nominal
value per
share:
Method of open subscription
offering:
The procedure of providing shareholders and other individuals with the
pre-emptive right to acquire securities
Shareholders of the Issuer have the Pre-emptive right to acquire shares of
the additional issue (hereinafter - the "Shares") pro rata to their
shareholdings (shares of this category (type) owned by shareholders)
(hereinafter - the "Pre-emptive right to acquire shares). Holders of the
Issuer's ordinary shares as of the 10th day from the decision of the
Company's Board of Directors on the offering of Shares have the Pre-emptive
right to acquire Shares.
Offer price of securities
The offer price (including for individuals entitled to exercise the
Pre-emptive right to acquire shares) per Share amounts to 6,185 (six
thousand one hundred and eighty five) rubles.
Procedure of determination of the offering commencing date
The commencing date of the Share offering (hereinafter - the "Offering
commencing date") among individuals entitled to exercise the Pre-emptive
right to acquire the Shares, and among other individuals shall be determined
by the sole executive body of the Issuer after the state registration of the
additional issue of Shares and the termination of the validity period of the
Pre-emptive right to acquire shares.
The offering of Shares shall commence on or after the date from which the
Issuer provides the access to the Securities Prospectus related to the
additional issue of Shares (hereinafter - the "Securities Prospectus").
The offering commencing date determined by the sole executive body of the
Issuer may be changed by the decision of this management body of the Issuer,
subject to compliance with the requirements to the procedure of disclosure
of information on the change of the Offering commencing date determined by
the current legislation of the Russian Federation, by the decision on the
additional issue of securities (hereinafter - the "Decision on the
additional issue of securities") and the Securities Prospectus.
Procedure of determination of the offering completion date
The completion date of the Shares offering (hereinafter - the "Offering
completion date") shall be the earliest of the following dates:
a) the 9 (ninth) business day from the Offering commencing date (including
the Offering commencing date);
b) the date of placement of the last Share.
The Offering completion date shall not be later than one year from the state
registration of the additional issue of the Shares. The Issuer shall be
entitled to extend this term by making the corresponding amendments to the
Decision on the additional issue of securities according to the procedure
established by the applicable legislation. Each extension of the Shares
offering period shall not exceed one year, and the total offering period of
Shares including the extension period shall not exceed three years from the
date of the state registration of the additional issue.
The Shares offering period shall be determined by stating of the dates of
disclosure of any information on the additional issue of the Shares.
Registration of the Securities Prospectus and the procedure of providing
access to it
The Securities Prospectus has been registered together with the state
registration of the securities additional issue.
The Issuer shall publish the text of the registered Securities Prospectus on
the Issuer's webpages not later than the Offering commencing date.
The text of the registered Securities Prospectus shall be available on the
Issuer's webpages from the date of expiration of the above period
established by the Provisions on the information disclosure for its
publication in the Internet, and if it is published in the Internet after
the expiration of this period - from the date of its publication in the
Internet and within not less than 5 (five) years from the date of
publication in the Internet of the text of the Notification on the
additional issue of securities submitted to the registration authority.
Starting from the date of the state registration of the Shares issue all
interested individuals can read the Securities Prospectus and receive its
hard copy at the following address: 15/5 Solnechnaya street, Krasnodar,
350072, Russian Federation.
The hard copy of the Securities Prospectus shall be provided to shareholders
and other interested individuals at their request for the fee not exceeding
the cost of copying within 7 (seven) days period from the date of request.
Report on the additional issue of securities
(MORE TO FOLLOW) Dow Jones Newswires
December 04, 2017 11:18 ET (16:18 GMT)
The Issuer will provide the report on the additional issue of securities to
the registration authority after the completion of the Shares offering.
For further information, please contact:
Timothy Post Head of Investor Relations
Email: post@magnit.ru
Office: +7-861-277-4554 x 17600
Dina Svishcheva Deputy Director, Investor Relations
Email: Chistyak@magnit.ru
Office: +7-861-277-4554 x 15101
Media Inquiries Media Relations Department
press@magnit.ru
Company description:
Public Joint Stock Company "Magnit" is one of Russia's leading retailers.
Founded in 1994, the company is headquartered in the southern Russian city
of Krasnodar. As of September 30, 2017, Magnit operated 36 distribution
centers and 15,697 stores (11,743 convenience, 432 hypermarkets and 3,522
drogerie stores) in 2,664 cities and towns throughout 7 federal regions of
the Russian Federation.
In accordance with the reviewed IFRS consolidated financial statements for
1H 2017, Magnit had revenues of RUB 555 billion and an EBITDA of RUB 49
billion. Magnit's local shares are traded on the Moscow 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.
ISIN: US55953Q2021
Category Code: MSCU
TIDM: MGNT
LEI Code: 2534009KKPTVL99W2Y12
OAM Categories: 3.1. Additional regulated information required to be
disclosed under the laws of a Member State
Sequence No.: 4942
End of Announcement EQS News Service
635521 04-Dec-2017
(END) Dow Jones Newswires
December 04, 2017 11:18 ET (16:18 GMT)
