PJSC Magnit Announces its Intention to File a Notice on the Results of an Additional Share Issue with the Bank of Russia

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MAGNIT PJSC (MGNT) 
PJSC 'Magnit' Announces its Intention to File a Notice on the Results of an 
Additional Share Issue with the Bank of Russia 
 
25-Dec-2017 / 16:57 CET/CEST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
    NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN 
          WHOLE OR IN PART, IN OR INTO AUSTRALIA, CANADA, JAPAN OR ANY OTHER 
JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY LAW. PLEASE SEE 
                       THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT. 
 
 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 IS NOT AN OFFER FOR SALE OF SECURITIES IN THE UNITED 
   STATES. SECURITIES MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT 
         REGISTRATION UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE 
   "SECURITIES ACT"), OR AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES 
ACT. PJSC MAGNIT HAS NOT REGISTERED AND DOES NOT INTEND TO REGISTER ANY PART 
 OF THE OFFERING IN THE UNITED STATES OR TO CONDUCT A PUBLIC OFFERING OF ANY 
                         SECURITIES IN THE UNITED STATES. 
 
                         Press Release 
 
                         Krasnodar 
 
                         December 25, 2017 
 
 PJSC "Magnit" Announces its Intention to File a Notice on the Results of an 
                         Additional Share Issue with the Bank of Russia 
 
 Krasnodar, Russia (December 25, 2017): Magnit PJSC, one of Russia's leading 
   retailers (the "Company"; MOEX and LSE: MGNT), announces its intention to 
  file a notice on the results of an additional share issue with the Bank of 
                         Russia. 
 
     Please be informed that in accordance with paragraph 1 of Article 25 of 
   Federal Law No 39-FZ dated April 22, 1996 "On The Securities Market" PJSC 
     "Magnit" intends to file a notice on the results of an additional share 
    issue with the Bank of Russia upon the completion of the placement of an 
     additional issue of shares (state registration number of the additional 
                         issue 1-01-60525-P as of December 4, 2017). 
 
 The type, category, series and other identifying elements of the securities 
 constituting the placement of the additional issue of shares is as follows: 
           Ordinary registered uncertified shares (state registration number 
     1-01-60525-P as of 04.03.2004), International Securities Identification 
                         Number (ISIN) RU000A0JKQU8). 
 
                         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.:   5050 
 
End of Announcement EQS News Service 
 
641787 25-Dec-2017 
 
 

(END) Dow Jones Newswires

December 25, 2017 10:57 ET (15:57 GMT)