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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.
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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: Chistyak@magnit.ru Email: press@magnit.ru
Office: +7-861-277-4554 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)
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