Press-release
Krasnodar
June 17, 2015
PJSC "Magnit" Announces the Change of Share of the Entity under the Issuer's Control
Krasnodar, June 17, 2015: PJSC "Magnit", Russia's largest food retailer (the "Company", the "Issuer", MOEX and LSE: MGNT), announces the change of share of the entity which is under the Issuer's control.
| Full company name and address: | Joint Stock Company "Tander" 185, Levanevskogo street, Krasnodar, Russia |
| Taxpayer Id Number: | 2310031475 |
| Principal State Registration Number: | 1022301598549 |
| Object of acquisition: | voting shares of the Issuer |
| June 11, 2015 | Disposal of shares |
| Amount of disposed shares: | 4,738 shares (0.005011% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 100,376 votes (0.106149% of the total number of votes) |
| Amount of votes after disposal: | 95,638 votes (0.101139% of the total number of votes) |
| June 15, 2015 | Disposal of shares |
| Amount of disposed shares: | 1,327 shares (0.001403% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 95,638 votes (0.101139% of the total number of votes) |
| Amount of votes after disposal: | 94,311 votes (0.099735% of the total number of votes) |
| June 16, 2015 | Acquisition of shares |
| Amount of acquired shares: | 6,500 shares (0.006874% of the total equity) |
| Basis for acquisition: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before acquisition: | 94,311 votes (0.099735% of the total number of votes) |
| Amount of votes after acquisition: | 100,811 votes (0.106609% of the total number of votes) |
| June 16, 2015 | Disposal of shares |
| Amount of disposed shares: | 11,032 shares (0.011666% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 100,811 votes (0.106609% of the total number of votes) |
| Amount of votes after disposal: | 89,779 votes (0.094943% of the total number of votes) |
For further information, please contact:
| Timothy Post | Director, Investor Relations Email: post@magnit.ru Office: +7-861-277-4554 x 17600 Mobile: +7-961-511-7678 Direct Line: +7-861-277-4562 |
| Dina Svishcheva | Deputy Director, Investor Relations Email: Chistyak@magnit.ru Office: +7-861-277-45-54 x 15101 Mobile: +7-961-511-0202 Direct Line: +7-861-277-4562 |
Company description:
Magnit is Russia's largest food retailer. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of March 31, 2015, Magnit operated 28 distribution centers and over 10,000 stores (8,581 convenience, 300 hypermarkets and 1,239 drogerie stores) in approximately 2,180 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the audited IFRS consolidated financial statements for 2014, Magnit had revenues of RUB 764 billion and an EBITDA of RUB 86 billion. Magnit's local shares are traded on the Moscow Stock 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.
