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MAGNIT PJSC (MGNT)
PJSC 'Magnit' Announces the Results of the Exercise of Pre-Emptive Rights
25-Dec-2017 / 16:56 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
This announcement is not for publication or distribution, directly or
indirectly, in or into the United States, Australia, Canada, Japan or any
other jurisdiction in which offers or sales would be prohibited by law. The
distribution of this announcement may be restricted by law in certain
jurisdictions and persons into whose possession any document or other
information referred to herein comes should inform themselves about and
observe any such restriction. Any failure to comply with these restrictions
may constitute a violation of the securities laws of any such jurisdiction.
This announcement does not contain or constitute an offer of, or the
solicitation of an offer to purchase or subscribe for, the shares to any
person in the United States, Australia, Canada or Japan or in any
jurisdiction to whom or in which such offer or solicitation is unlawful. The
shares may not be offered or sold in the United States unless registered
under the US Securities Act or offered in a transaction exempt from, or not
subject to, the registration requirements of the US Securities Act. The
offer and sale of the shares referred to herein has not been and will not be
registered under the US Securities Act or under the applicable securities
laws of Australia, Canada or Japan. Subject to certain exceptions, the
shares referred to herein may not be offered or sold in Australia, Canada or
Japan or to, or for the account or benefit of, any national, resident or
citizen of Australia, Canada or Japan. There will be no public offer of the
shares in the United States, Australia, Canada or Japan or elsewhere.
Members of the general public are not eligible to take part in the sale. In
member states of the European Economic Area ("EEA") (each, a "Relevant
Member State"), this announcement and any offer if made subsequently is sent
and addressed to and directed only at persons who are "qualified investors"
within the meaning of the Prospectus Directive ("Qualified Investors"). For
these purposes, the expression "Prospectus Directive" means Directive
2003/71/EC (and amendments thereto, including the 2010 PD Amending
Directive), and includes any relevant implementing measure in the Relevant
Member State and the expression "2010 PD Amending Directive" means Directive
2010/73/EU. In the United Kingdom this announcement is sent and distributed
to and directed exclusively at Qualified Investors (i) who have professional
experience in matters relating to investments falling within Article 19(5)
of the Financial Services and Markets Act 2000 (Financial Promotion) Order
2005, as amended (the "Order") or (ii) who fall within Article 49(2)(A) to
(D) of the Order, or (iii) to whom it may otherwise lawfully be
communicated, and the shares will only be available to, and any investment
activity to which this announcement relates will only be engaged in with,
such persons and it should not be relied on by anyone other than such
persons.
THIS ANNOUNCEMENT AND MATERIALS CONTAINED IN IT ARE PROVIDED EXCLUSIVELY FOR
INFORMATION AND ARE NOT AN OFFER OR A PART OF AN OFFER OR AN INVITATION TO
ACQUIRE OR DISPOSE SECURITIES IN ANY JURISDICTION INCLUDING THE USA,
AUSTRALIA, CANADA AND JAPAN.
Press Release
Krasnodar
December 25, 2017
PJSC "Magnit" Announces the Results of the Exercise of Pre-Emptive Rights
Krasnodar, Russia ( December 25, 2017): Magnit PJSC, one of Russia's leading
retailers (the "Company"; MOEX and LSE: MGNT), announces the results of the
exercise of pre-emptive rights.
Type, category of securities: ordinary registered shares
Form of securities: uncertified
Series of securities: not applicable
State registration number of the No. 1-01-60525-P as of December
additional issue of securities 4, 2017
and date of registration:
Registration authority which Bank of Russia
exercised state registration of
the additional issue of
securities:
International Securities RU000A0JKQU8
Identification Number (ISIN):
Method of offering: open subscription
Amount of securities subject to 7,350,000 (seven million three
offering and nominal value per hundred and fifty thousand)
share: shares with a nominal value of
0.01 (0 rubles 01 kopeck) per
share
The record date of shareholders November 25, 2017 (the 10th day
entitled to exercise pre-emptive from the decision of PJSC
rights: "Magnit" Board of Directors,
being the basis for the
offering of additional shares)
Date of publication of the December 5, 2017
Notice to exercise pre-emptive
rights to acquire additional
shares:
Pre-emptive right duration From December 6, 2017 to
period: December 21, 2017 (inclusive)
The number of additional shares 1 049 164 (one million forty
to be placed as a result of the nine thousand and one hundred
exercise of pre-emptive rights: sixty four) shares
The number of additional 0 (zero) shares
fractional shares to be placed
as a result of the exercise of
pre-emptive rights:
The number of additional shares 6 300 836 (six million three
to be placed by means of open hundred thousand and eight
subscription after the exercise hundred thirty six) shares
of pre-emptive rights:
The date when the results of the December 25, 2017
exercise of pre-emptive rights
were summarized:
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 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.: 5049
End of Announcement EQS News Service
641785 25-Dec-2017
(END) Dow Jones Newswires
December 25, 2017 10:56 ET (15:56 GMT)
