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MAGNIT PJSC (MGNT)
PJSC 'Magnit' Announces Securities Placement Commencement Date
25-Dec-2017 / 16:58 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NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN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 Securities Placement Commencement Date
Krasnodar, Russia (December 25, 2017): Magnit PJSC (the "Company"; MOEX and
LSE: MGNT), announces the commencement date of a securities placement.
Please be informed that the shares placement commencement date (the
"Placement Commencement Date") for persons which have pre-emptive rights to
acquire shares is December 26, 2017.
The commencement date of the placement for other persons is December 26,
2017.
The Placement Commencement Date may be changed by decision of the Chief
Executive Officer of the Company, subject to compliance with the required
information disclosure procedure for changing the placement commencement
date as provided for by the current legislation of the Russian Federation,
the decision on the additional issue of securities (the "Decision on
Additional Issue of Securities") and the Prospectus.
The completion date of the share placement (the "Placement Completion Date")
shall be the earliest of the following dates:
a) the 9 (ninth) business day after the Placement Commencement Date
(including the Placement Commencing Date);
b) the date on which the last share is placed.
The Placement Completion Date shall not be later than one year from the
state registration of the additional issue of the Shares. The Company shall
be entitled to extend this term by making the corresponding amendments to
the Decision on Additional Issue of Securities according to the procedure
established by applicable legislation. Each extension of the share placement
period shall not exceed one year, and the total period for the placement of
shares including the prolongation period shall not exceed three years from
the date of the state registration of the additional issue.
Type, category, series of Ordinary registered
securities: uncertified shares.
The securities placed by the
Company constituting an
additional issue have state
registration number
1-01-60525-P as of
04.03.2004), and
International Securities
Identification Number (ISIN)
RU000A0JKQU8.
State registration number of the No. 1-01-60525-P as of
additional issue of securities December 4, 2017
and date of registration:
Registration authority which Bank of Russia
registered the additional issue
of securities:
Amount of securities subject to 7,350,000 (seven million
offering and nominal value per three hundred and fifty
share: thousand) shares with a
nominal value of 0.01 (0
roubles 01 kopeck) per share
Method of offering: Open subscription
The offer price (including for persons entitled to exercise the pre-emptive
right to acquire shares) per one share amounts to 6,185 (six thousand one
hundred and eighty five) roubles.
Shareholders of the Company have the pre-emptive right to acquire shares in
additional issuance (the "Shares") pro rata to their shareholding (of shares
of this type). Holders of the Company's ordinary shares as of the 10th day
following the decision of the Company's Board of Directors on the offering
of shares have the pre-emptive right to acquire Shares.
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
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.: 5051
End of Announcement EQS News Service
641789 25-Dec-2017
(END) Dow Jones Newswires
December 25, 2017 10:58 ET (15:58 GMT)
