MAGNIT PJSC: PJSC Magnit announces the acquisition by Dodge & Cox of the certain number of shares in the charter capital of PJSC Magnit

Dow Jones received a payment from EQS/DGAP to publish this press release.

MAGNIT PJSC (MGNT) 
MAGNIT PJSC: PJSC 'Magnit' announces the acquisition by Dodge & Cox of the 
certain number of shares in the charter capital of PJSC 'Magnit' 
 
05-Dec-2017 / 07:58 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 
 
                         December 5, 2017 
 
PJSC "Magnit" announces the acquisition by Dodge & Cox of the certain number 
                         of shares in the charter capital of PJSC "Magnit" 
 
  Krasnodar, Russia (December 5, 2017): Magnit PJSC, one of Russia's leading 
 retailers (the "Company"; MOEX and LSE: MGNT), announces the acquisition by 
  Dodge & Cox of the certain number of shares in the charter capital of PJSC 
                         "Magnit". 
 
    On November 17, 2017 Dodge & Cox (555 California Street, 40th floor, San 
      Francisco, California, 94104, USA, Principal State Registration Number 
      C0368317; Taxpayer Identification Number: 94-1441976) acquired certain 
      number of voting right shares in the charter capital of PJSC "Magnit". 
 
                         Type of stock power: indirect power. 
 
 Legal entities controlled by such entity through which such entity acquired 
  the right to indirectly dispose certain number of votes attached to voting 
          shares (stakes) that constitute the charter capital of the issuer: 
 
                    Full company name: Dodge & Cox International Stock Fund; 
 
 Address: c/o Dodge & Cox, 555 California Street, 40th floor, San Francisco, 
                         CA, 94104, USA; 
 
                         Principal State Registration Number: 2859038; 
 
                         Taxpayer Identification Number: 94-3390852. 
 
                         Full company name: Dodge & Cox Global Stock Fund; 
 
 Address: c/o Dodge & Cox, 555 California Street, 40th floor, San Francisco, 
                         CA, 94104, USA; 
 
                         Principal State Registration Number: 2859038; 
 
                         Taxpayer Identification Number: 26-2099183. 
 
    Full company name: Dodge & Cox Worldwide Funds plc - International Stock 
                         Fund; 
 
                    Address: 78 Sir John Rogerson's Quay, Dublin 2, Ireland; 
 
                         Principal State Registration Number: 475691; 
 
                         Taxpayer Identification Number: 9725957P. 
 
     Full company name: Dodge & Cox Worldwide Funds plc - Global Stock Fund; 
 
                    Address: 78 Sir John Rogerson's Quay, Dublin 2, Ireland; 
 
                         Principal State Registration Number: 475691; 
 
                         Taxpayer Identification Number: 9725957P. 
 
               Full company name: Johnson & Johnson Pension and Saving Plan; 
 
       Address: One Johnson and Johnson Plaza, New Brunswick, NJ 08933, USA; 
 
                         Principal State Registration Number: 5106301000; 
 
                         Taxpayer Identification Number: 22-1024240. 
 
                         Attribute of stock power: sole power. 
 
                   The basis of the stock power: trust management agreement. 
 
 Number of shares and % in the charter capital before the basis of the stock 
                         power: 4,329,385 shares (4.58%). 
 
  Number of shares and % in the charter capital after the basis of the stock 
                         power: 6,610,285 shares (6.99%). 
 
                         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.:   4945 
 
End of Announcement EQS News Service 
 
635639 05-Dec-2017 
 
 

(END) Dow Jones Newswires

December 05, 2017 01:58 ET (06:58 GMT)