MAGNIT PJSC: PJSC Magnit Announces the Holding of the BOD Meeting

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MAGNIT PJSC (MGNT) 
MAGNIT PJSC: PJSC 'Magnit' Announces the Holding of the BOD Meeting 
 
05-Oct-2018 / 09:55 MSK 
Dissemination of a Regulatory Announcement that contains inside information 
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
Press Release | Krasnodar | October 05, 2018 
 
PJSC "Magnit" Announces the Holding of the BOD Meeting 
****************************************************** 
 
Krasnodar, Russia (05 October, 2018): Magnit PJSC (MOEX and LSE: MGNT), one 
of Russia's leading retailers announces the holding of the Board of 
Directors meeting. 
 
        On October 04, 2018, the Chairman of the Board of Directors made the 
  decision to hold the BOD meeting of PJSC "Magnit" on October 04, 2018 with 
                                                       the following agenda: 
 
1. Consideration of the issues in relation to the development of Magnit 
Cosmetic and Pharmacy business lines. 
 
2. Approval of amendments to the PJSC "Magnit" share buy-back programme. 
 
For further information, please contact: 
 
Dina Svishcheva Media Inquiries 
 
Head of IR Media Relations Department 
 
Email: [e-mail] Email: [e-mail] 
 
Office: [phone] x 15101 
 
Note to editors: 
 
   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 June 30, 2018, Magnit operated 37 distribution centers 
   and 16,960 stores (12,503 convenience, 244 hypermarkets, 213 supermarkets 
   and 4,000 drogerie stores) in 2,808 cities and towns throughout 7 federal 
                                          regions of the Russian Federation. 
 
  In accordance with the reviewed IFRS consolidated financial statements for 
     1H 2018, Magnit had revenues of RUB 595 billion and an EBITDA of RUB 44 
     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. 
 
ISIN:           US55953Q2021 
Category Code:  MSCU 
TIDM:           MGNT 
LEI Code:       2534009KKPTVL99W2Y12 
OAM Categories: 2.2. Inside information 
Sequence No.:   6135 
EQS News ID:    730523 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

October 05, 2018 02:55 ET (06:55 GMT)