MAGNIT PJSC: PJSC Magnit Announces the Cessation of the Right of LLC 'VTB Infrastructure Investments' to Dispose a Certain Number of Votes Accounted for Voting Shares (Stakes) in the Charter Capital of PJSC Magnit

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MAGNIT PJSC (MGNT) 
MAGNIT PJSC: PJSC 'Magnit' Announces the Cessation of the Right of LLC 'VTB 
Infrastructure Investments' to Dispose a Certain Number of Votes Accounted 
for Voting Shares (Stakes) in the Charter Capital of PJSC 'Magnit' 
 
08-Oct-2018 / 10:01 MSK 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
Press Release | Krasnodar | October 08, 2018 
 
PJSC "Magnit" Announces the Cessation of the Right of LLC "VTB 
Infrastructure Investments" to Dispose a Certain Number of Votes Accounted 
for Voting Shares (Stakes) in the Charter Capital of PJSC "Magnit" 
 
      Krasnodar, Russia (October 08, 2018): Magnit PJSC (MOEX and LSE: MGNT; 
   Issuer; Company; Group), one of Russia's leading retailers, announces the 
 cessation of the right of LLC "VTB Infrastructure Investments" to dispose a 
 certain number of votes accounted for voting shares (stakes) in the charter 
                                                   capital of PJSC "Magnit". 
 
  On September 28, 2018 the right of LLC "VTB Infrastructure Investments" to 
   dispose a certain number of votes accounted for voting shares (stakes) in 
                                the charter capital of PJSC "Magnit" ceased. 
 
Full company name: Limited liability company "VTB Infrastructure 
Investments"; 
 
Company address: 123112 Russia, Moscow, 12 Presnenskaya Emb.; 
 
Primary State Registration Number: 1127746409801; 
 
Individual Taxpayer Number 7703768889. 
 
Type of the right: direct disposal. 
 
                                      Attribute of the right: sole disposal. 
 
  The basis of the cessation of the right to dispose: disposal (decrease) of 
                                                        share in the issuer. 
 
 Number of shares and % in the charter capital before the basis of the stock 
                                    power: 25,477,839 shares (25.00000025%). 
 
  Number of shares and % in the charter capital after the basis of the stock 
                                         power: 7,868,427 shares (7.72085%). 
 
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: 3.1. Additional regulated information required to be 
                disclosed under the laws of a Member State 
Sequence No.:   6147 
EQS News ID:    731045 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

October 08, 2018 03:02 ET (07:02 GMT)