MAGNIT PJSC and its Executives have been Included in Ratings of Forbes and Kommersant

Dow Jones received a payment from EQS/DGAP to publish this press release.

MAGNIT PJSC (MGNT) 
MAGNIT PJSC and its Executives have been Included in Ratings of Forbes and 
Kommersant 
 
03-Oct-2017 / 13:27 CET/CEST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
                         Press Release 
 
                         Krasnodar 
 
                         October 3, 2017 
 
   Magnit and its Executives have been Included in the Ratings of Forbes and 
                         Kommersant 
 
   Krasnodar, Russia (October 3, 2017): Magnit PJSC, one of Russia's leading 
 retailers (the "Company"; MOEX and LSE: MGNT), and its executives have been 
                         included in the ratings of Forbes and Kommersant. 
 
Please be informed that "Magnit" retail chain was ranked 2nd by sales in the 
 Annual Ranking of the 200 Biggest Russia's Nongovernmental Companies by the 
                         Forbes business magazine. 
 
    Please follow the link below to view the full version of the ranking for 
                         2017: 
 
 http://www.forbes.ru/rating/350675-200-krupneyshih-rossiyskih-kompaniy-2017 
                         [1] 
 
" Magnit" CEO Sergey Galitskiy has been included in the list of top business 
leaders of the 18th "TOP-1000 Russian Managers" ratings for 2017 prepared by 
       the Russian Managers Association and Kommersant. The list of business 
                      leaders includes businessmen and leading top-managers. 
 
     Moreover, "Magnit" top-managers - Marina Ivanova (Commercial Director), 
       Khachatur Pombukhchan (CFO) and Ilya Sattarov (Deputy CEO for Network 
  Development, Sales and HR) - have been included in the ratings of the best 
                         in the industry. 
 
   "TOP-1000 Russian managers" rating of the Russian Managers Association is 
         the instrument of professional reputation evaluation of the Russian 
top-managers. The rating summarizes the year-end results of work and reveals 
                         the most professional managers of Russia. 
 
    The rating methodology is based on "the best choose the best" principle: 
 top-managers evaluate top-managers, functional managers evaluate functional 
                         managers. 
 
   Please follow the link below to view the 18th "TOP-1000 Russian managers" 
                         rating for 2017 in full: 
 
                         https://www.kommersant.ru/apps/110314 [2] 
 
For further information, please contact: 
 
   Timothy Post          Head of Investor Relations 
 
                              Email: [e-mail] 
 
                    Office: [phone] x 17600 
 
Dina Svishcheva Deputy Director, Investor Relations 
 
                          Email: [e-mail] 
 
                    Office: [phone] x 15101 
 
Media Inquiries          Media Relations Department 
 
                                    [e-mail] 
 
                         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 June 30, 2017, Magnit operated 35 distribution centers 
  and 14,844 stores (11,114 convenience, 430 hypermarkets and 3,300 drogerie 
       stores) in 2,567 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:  MSCH 
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.:   4694 
 
End of Announcement EQS News Service 
 
615327 03-Oct-2017 
 
 
1: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=db56855fef561eaedd5af0f689da928d&application_id=615327&site_id=vwd&application_name=news 
2: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=236558085a9e67183af7571734cf998f&application_id=615327&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

October 03, 2017 07:27 ET (11:27 GMT)