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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: 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 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
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(END) Dow Jones Newswires
October 03, 2017 07:27 ET (11:27 GMT)
