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MAGNIT PJSC (MGNT)
MAGNIT PJSC: PJSC 'Magnit' notifies on the transactions by persons
discharging managerial responsibilities and persons closely associated with
them
16-Nov-2017 / 16:55 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
November 16, 2017
PJSC "Magnit" notifies on the transactions by persons discharging managerial
responsibilities and persons closely associated with them
Krasnodar, Russia (November 16, 2017): Magnit PJSC, one of Russia's leading
retailers (the "Company"; MOEX and LSE: MGNT), notifies on the transactions
by persons discharging managerial responsibilities and persons closely
associated with them.
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1 Details of the person discharging managerial
responsibilities/person closely associated
?) Name LAVRENO LIMITED
2 Reason for the notification
?) Position/status Notification concerns a person
closely associated with a person
discharging managerial
responsibilities: Galitskiy Sergey
(member of the BOD of PJSC
"Magnit", Chairman of the
Management Board of PJSC "Magnit",
CEO of PJSC "Magnit")
b) Initial notification/ Initial notification
Amendment
3 Details of the issuer
?) Name Public Joint Stock Company
"Magnit"
b) LEI 2534009KKPTVL99W2Y12
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
?) Description of the Share
financial instrument,
type of instrument
Identification code
ISIN RU000A0JKQU8
b) Nature of the transaction Disposal of securities (Block
Trade Agreement)
b) Price(s) and volume(s) Price (RUB) Volume
6,185 7,100,000
d) Aggregated information Price (RUB) Aggregated volume
6,185 7,100,000
- Aggregated volume
- Price
e) Date of the transaction November 14, 2017
f) Place of the transaction outside a trading venue
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.: 4879
End of Announcement EQS News Service
630235 16-Nov-2017
(END) Dow Jones Newswires
November 16, 2017 10:55 ET (15:55 GMT)
