Dow Jones received a payment from EQS/DGAP to publish this press release.
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: 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
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)
