Press-release
Krasnodar
June 24, 2015
PJSC "Magnit" Announces the Change of Share of the Entity under the Issuer's Control
Krasnodar, June 24, 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 17, 2015 | Disposal of shares |
| Amount of disposed shares: | 276 shares (0.000292% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 89,779 votes (0.094943% of the total number of votes) |
| Amount of votes after disposal: | 89,503 votes (0.094651% of the total number of votes) |
| June 18, 2015 | Disposal of shares |
| Amount of disposed shares: | 15,398 shares (0.016284% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 89,503 votes (0.094651% of the total number of votes) |
| Amount of votes after disposal: | 74,105 votes (0.078367% of the total number of votes) |
| June 19, 2015 | Disposal of shares |
| Amount of disposed shares: | 8,551 shares (0.009043% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 74,105 votes (0.078367% of the total number of votes) |
| Amount of votes after disposal: | 65,554 votes (0.069324% of the total number of votes) |
| June 22, 2015 | Acquisition of shares |
| Amount of acquired shares: | 3,800 shares (0.004019% of the total equity) |
| Basis for acquisition: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before acquisition: | 65,554 votes (0.069324% of the total number of votes) |
| Amount of votes after acquisition: | 69,354 votes (0.073343% of the total number of votes) |
| June 22, 2015 | Disposal of shares |
| Amount of disposed shares: | 20 shares (0.000021% of the total equity) |
| Basis for disposal: | Repurchase Agreement |
| Amount of votes before disposal: | 69,354 votes (0.073343% of the total number of votes) |
| Amount of votes after disposal: | 69,334 votes (0.073322% of the total number of votes) |
| June 23, 2015 | Acquisition of shares |
| Amount of acquired shares: | 10,520 shares (0.011125% of the total equity) |
| Basis for acquisition: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange, Repurchase Agreement |
| Amount of votes before acquisition: | 69,334 votes (0.073322% of the total number of votes) |
| Amount of votes after acquisition: | 79,854 votes (0.084447% of the total number of votes) |
| June 23, 2015 | Disposal of shares |
| Amount of disposed shares: | 117 shares (0.000124% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 79,854 votes (0.084447% of the total number of votes) |
| Amount of votes after disposal: | 79,737 votes (0.084323% 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.
