PJSC Magnit notifies on the transactions by persons discharging managerial responsibilities and persons closely associated with them

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MAGNIT PJSC (MGNT) 
PJSC 'Magnit' notifies on the transactions by persons discharging managerial 
responsibilities and persons closely associated with them 
 
16-Feb-2018 / 07:43 CET/CEST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
PJSC "Magnit" notifies on the transactions by persons discharging managerial 
            responsibilities and persons closely associated with them 
 
 Krasnodar, Russia (February 16, 2018): Magnit PJSC, one of Russia's leading 
 retailers (the "Company"; MOEX and LSE: MGNT), notifies on the transactions 
      by persons discharging managerial responsibilities and persons closely 
            associated with them. 
 
 Notification and public disclosure of transactions by persons discharging 
    managerial responsibilities and persons closely associated with them 
 
 1   Details of the person discharging managerial 
     responsibilities/person closely associated 
 a)  Name                       Sergey Galitskiy 
 2   Reason for the notification 
 a)  Position/status                   member of the BOD of PJSC 
                                      "Magnit ", Chairman of the 
                                        Management Board of PJSC 
                                  "Magnit", CEO of PJSC "Magnit" 
 b)  Initial notification/      Initial notification 
     Amendment 
 3   Details of the issuer 
 a)  Name                       Public Joint Stock Company 
                                "Magnit" 
 b)  LEI                        2534009KKPTVL99W2Y12 
4.1. Details of the transaction(s): section to be repeated for 
     (i) each type of instrument; (ii) each type of 
     transaction; (iii) each date; and (iv) each place where 
     transactions have been conducted 
 a)  Description of the         Share 
     financial instrument, type 
     of instrument 
     Identification code 
                                ISIN RU000A0JKQU8 
 b)  Nature of the transaction  Disposal of securities (sale and 
                                         purchase agreement). In 
                                accordance with the terms of the 
                                  agreement, the total amount to 
                                   be paid is rounded to 138 225 
                                 000 000 RUB. The closing of the 
                                    sale is conditional upon the 
                                necessary approval by the FAS of 
                                       Russia and upon terms and 
                                   conditions customary for this 
                                            type of transaction. 
 c)  Price(s) and volume(s) 
 
                                Price (RUB)   volume 
                                 4 660,91   29 656 200 
 
 d)  Aggregated information       Price (RUB)     volume 
                                138 224 879 142 29 656 200 
 
     - Aggregated volume 
 
     - Price 
 e)  Date of the transaction    February 16, 2018 
 f)  Place of the transaction   outside a trading venue 
 
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 December 31, 2017, Magnit operated 37 distribution 
centers and 16,350 stores (12,125 convenience, 243 hypermarkets, 208 Magnit 
Family stores and 3,774 drogerie stores) in 2,709 cities and towns 
throughout 7 federal regions of the Russian Federation. 
 
In accordance with the unaudited IFRS management accounts for 2017, Magnit 
had revenues of RUB 1,143 billion and an EBITDA of RUB 92 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.:   5212 
 
End of Announcement EQS News Service 
 
654959 16-Feb-2018 
 
 

(END) Dow Jones Newswires

February 16, 2018 01:43 ET (06:43 GMT)