PJSC Magnit announces the acquisition by Sergey Galitskiy of the right to dispose a certain number of votes accounted for voting shares (stakes) in the charter capital of PJSC Magnit

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MAGNIT PJSC (MGNT) 
PJSC 'Magnit' announces the acquisition by Sergey Galitskiy of the right to 
dispose a certain number of votes accounted for voting shares (stakes) in 
the charter capital of PJSC 'Magnit' 
 
27-Dec-2017 / 16:38 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 27, 2017 
 
 PJSC "Magnit" announces the acquisition by Sergey Galitskiy of the right to 
   dispose a certain number of votes accounted for voting shares (stakes) in 
                         the charter capital of PJSC "Magnit" 
 
 Krasnodar, Russia (December 27, 2017): Magnit PJSC, one of Russia's leading 
 retailers (the "Company"; MOEX and LSE: MGNT), announces the acquisition by 
      Mr. Sergey Galitskiy of the right to dispose a certain number of votes 
         accounted for voting shares (stakes) in the charter capital of PJSC 
                         "Magnit". 
 
On December 27, 2017 Mr. Galitskiy Sergey N. acquired the right to dispose a 
 certain number of votes accounted for voting shares (stakes) in the charter 
                         capital of PJSC "Magnit". 
 
                         Type of stock power: indirect power. 
 
Entities controlled by Galitskiy Sergey N. through which he has the right to 
indirectly dispose a certain number of votes accounted for voting shares 
(stakes) in the charter capital of PJSC "Magnit": 
 
  1) Full company name: Lavreno Limited; 
 
Company address: Spyrou Kyprianou 20, Chapo Central, 3' floor, 1075, 
Nicosia, Cyprus; 
 
  2) Full company name: Closed Joint-Stock Company "Obyedinyonniy kapital"; 
 
Company address: Russia. Krasnodar krai, Krasnodar, 491 Severnaya Street; 
 
Primary State Registration Number: 1062310012710; 
 
Individual Taxpayer Number 2310113079. 
 
  3) Full company name: "Magnit" Joint-Stock Non-Government Pension Fund; 
 
  Company address: Russia, Krasnodar krai, Krasnodar, 95 Moskovskaya Street, 
                         letter B, office 1; 
 
                         Primary State Registration Number: 1142300003086; 
 
                         Individual Taxpayer Number: 2311178583. 
 
                         Attribute of stock power: sole power. 
 
       The basis of the stock power: acquisition of the share in the issuer. 
 
 Number of shares and % in the charter capital before the basis of the stock 
                         power: 26,459,296 shares (27.981088%). 
 
  Number of shares and % in the charter capital after the basis of the stock 
                         power: 
 
      Number and percentage of votes based on the number of placed shares as 
reflected in the current version of the Charter of PJSC "Magnit": 32,760,132 
                         shares (34.6443%). 
 
Number and percentage of votes based on the number of shares actually placed 
  in the course of additional share issue of PJSC "Magnit" which is known to 
     the entity submitted the notification of the right to dispose a certain 
   number of votes of the issuer as of the submission date of the respective 
                         notification: 32,760,132 shares (32.4801%). 
 
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.:   5060 
 
End of Announcement EQS News Service 
 
642015 27-Dec-2017 
 
 

(END) Dow Jones Newswires

December 27, 2017 10:38 ET (15:38 GMT)