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MAGNIT PJSC (MGNT)
PJSC 'Magnit' notifies on the transactions by persons discharging managerial
responsibilities and persons closely associated with them
16-Feb-2018 / 07:43 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
PJSC "Magnit" notifies on the transactions by persons discharging managerial
responsibilities and persons closely associated with them
Krasnodar, Russia (February 16, 2018): 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
a) Name Sergey Galitskiy
2 Reason for the notification
a) Position/status 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
a) Name Public Joint Stock Company
"Magnit"
b) LEI 2534009KKPTVL99W2Y12
4.1. 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
a) Description of the Share
financial instrument, type
of instrument
Identification code
ISIN RU000A0JKQU8
b) Nature of the transaction Disposal of securities (sale and
purchase agreement). In
accordance with the terms of the
agreement, the total amount to
be paid is rounded to 138 225
000 000 RUB. The closing of the
sale is conditional upon the
necessary approval by the FAS of
Russia and upon terms and
conditions customary for this
type of transaction.
c) Price(s) and volume(s)
Price (RUB) volume
4 660,91 29 656 200
d) Aggregated information Price (RUB) volume
138 224 879 142 29 656 200
- Aggregated volume
- Price
e) Date of the transaction February 16, 2018
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 December 31, 2017, Magnit operated 37 distribution
centers and 16,350 stores (12,125 convenience, 243 hypermarkets, 208 Magnit
Family stores and 3,774 drogerie stores) in 2,709 cities and towns
throughout 7 federal regions of the Russian Federation.
In accordance with the unaudited IFRS management accounts for 2017, Magnit
had revenues of RUB 1,143 billion and an EBITDA of RUB 92 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.: 5212
End of Announcement EQS News Service
654959 16-Feb-2018
(END) Dow Jones Newswires
February 16, 2018 01:43 ET (06:43 GMT)
