MAGNIT PJSC: PJSC Magnit notifies on the transactions by persons discharging managerial responsibilities and persons closely associated with them

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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: [e-mail] 
 
                    Office: [phone] x 17600 
 
Dina Svishcheva Deputy Director, Investor Relations 
 
                          Email: [e-mail] 
 
                    Office: [phone] x 15101 
 
Media Inquiries          Media Relations Department 
 
                                    [e-mail] 
 
             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)