MAGNIT PJSC: PJSC Magnit Announces the Decision to Pay Dividends

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MAGNIT PJSC (MGNT) 
MAGNIT PJSC: PJSC 'Magnit' Announces the Decision to Pay Dividends 
 
21-Jun-2018 / 19:46 MSK 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
Press Release 
 
Krasnodar 
 
June 21, 2018 
 
PJSC "Magnit" Announces the Decision to Pay Dividends 
 
     Krasnodar, Russia (June 21, 2018): Magnit PJSC, one of Russia's leading 
 retailers (the "Company"; MOEX and LSE: MGNT) announces the decision to pay 
             dividends for the 2017 reporting year made by the AGM. 
 
    The annual general shareholders meeting, held on June 21, 2018, made the 
    decision to pay dividends on PJSC "Magnit" shares in the total amount of 
         13,808,988,602.50 rubles, which is 135.50 rubles per ordinary share 
             following the results of the 2017 reporting year. 
 
           Type of securities:  ordinary registered uncertified 
                                    shares, International Stock 
                                   Identification Number (ISIN) 
                                                   RU000A0JKQU8 
  State registration number of    1-01-60525-P of March 4, 2004 
 the securities issue, date of 
                 registration: 
 Governance body of the Issuer     General Shareholders Meeting 
which made the decision to pay 
                    dividends: 
   Date of the decision to pay                    June 21, 2018 
                    dividends: 
    Date and the number of the    Minutes w/o No. of 21.06.2018 
  minutes of meeting where the 
 decision to pay dividends was 
                         made: 
    Reporting period which the              2017 reporting year 
         dividend is paid for: 
    Total amount of dividends:         13,808,988,602.50 rubles 
The amount of dividend accrued                    135.50 rubles 
    on one share following the 
     results of 2017 financial 
                         year: 
              Form of payment:   monetary funds in the currency 
                                   of the Russian Federation by 
                                                  bank transfer 
         Dividend record date:                    July 06, 2018 
     Dividend payment date for                    July 20, 2018 
                     nominees: 
 Dividend payment date for the                  August 10, 2018 
           other shareholders: 
 
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 March 31, 2018, Magnit operated 37 distribution centers 
  and 16,625 stores (12,283 convenience, 242 hypermarkets, 210 Magnit Family 
    stores and 3,890 drogerie stores) in 2,764 cities and towns throughout 7 
             federal regions of the Russian Federation. 
 
In accordance with the audited IFRS results 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.:   5669 
EQS News ID:    697861 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

June 21, 2018 12:46 ET (16:46 GMT)