Dow Jones received a payment from EQS/DGAP to publish this press release.
MAGNIT PJSC (MGNT)
PJSC 'Magnit' Announces the Results of the BOD Meeting
05-Feb-2019 / 09:58 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Press Release | Krasnodar | February 5, 2019
PJSC "Magnit" Announces the Results of the BOD Meeting
******************************************************
Krasnodar, Russia (5 February, 2019): Magnit PJSC (MOEX and LSE: MGNT;
"Company", "Issuer"), one of Russia's leading retailers, announces the
results of the Board of Directors meeting held on February 4, 2019.
Please be informed that on February 4, 2019 the BOD meeting was held
(minutes of the BOD meeting of PJSC "Magnit" are w/o No. of February 4,
2019).
The meeting agenda:
1. Consideration of the shareholders' proposals for the nomination of
candidates to the Board of Directors of PJSC "Magnit' to be elected at the
annual General Shareholders Meeting of PJSC "Magnit".
2. Consideration of shareholders' proposals to include issues in the agenda
of the annual General Shareholders Meeting of PJSC "Magnit".
7 (seven) of the 7 (seven) BOD members participating in the BOD meeting were
present.
Quorum to hold the BOD meeting with this agenda is present.
Voting Results:
Item 1-2
Mowat Gregor William - "for", Demchenko Timothy - "for", Simmons James Pat -
"for", Makhnev Alexey Petrovich - "for", Foley Paul Michael - "for",
Prysyazhnyuk Alexander Mikhailovich - "for", Ryan Charles Emmitt - "for".
The decisions were made.
Content of the decisions:
The decision made on the Item 1.1 on the agenda:
"To include into the list of candidates for election to the Board of
directors of PJSC "Magnit" at the annual General Shareholders Meeting to be
held following 2018 results the following candidates:
1.Vinokurov Alexander Semyonovich;
2.Zakharov Sergey Mikhailovich;
3.Chirakhov Vladimir Sanasarovich".
The decision made on the Item 1.2 on the agenda:
"To include into the list of candidates for election to the Board of
directors of PJSC "Magnit" at the annual General Shareholders Meeting to be
held following 2018 results the following candidates:
1. Ryan Charles Emmitt;
2. Mowat Gregor William;
3. Foley Paul Michael;
4. Florian Jansen".
The decision made on the Item 1.3 on the agenda:
"To include into the list of candidates for election to the Board of
directors of PJSC "Magnit" at the annual General Shareholders Meeting to be
held following 2018 results the following candidates:
1. Demchenko Timothy;
2. Makhnev Alexey Petrovich;
3. Simmons James Pat".
The decision made on the Item 1.4 on the agenda:
"To include into the list of candidates for election to the Board of
directors of PJSC "Magnit" at the annual General Shareholders Meeting to be
held following 2018 results the following candidates:
1. Kuznetsov Evgeniy Vladimirovich;
2. Hans Walter Koch".
The decision made on the Item 2 on the agenda:
"To include in the agenda of the annual General Shareholders Meeting of PJSC
"Magnit" to be held following 2018 results the following issue (taking into
account wording of decisions on such issues proposed by shareholders):
1. On supplementing the Charter of PJSC "Magnit" with paragraph 8.9.;
2. On amending paragraph 13.12 of the Charter of PJSC "Magnit";
3. On amending subparagraph 32 of paragraph 14.2 of the Charter of PJSC
"Magnit";
4. On amending paragraph 14.12 of the Charter of PJSC "Magnit";
5. On amending paragraph 14.12 of the Charter of PJSC "Magnit";
6. On amending subparagraph 43 of paragraph 14.2 of the Charter of PJSC
"Magnit";
7. On amending article 30 of the Regulations of the Board of directors of
PJSC "Magnit";
8. On supplementing the Regulations of the Board of directors of PJSC
"Magnit" with paragraph 35.1.;
9. On amending the article 42 of the Regulations of the Board of directors
of PJSC "Magnit".
Items of the agenda of PJSC "Magnit" Board of Directors are related to the
exercise of rights on ordinary registered uncertified shares, state
registration number 1-01-60525-P of 04.03.2004, International Stock
Identification Number (ISIN) RU000A0JKQU8.
For further information, please contact:
Dmitry Kovalenko Media Inquiries
Director for Investor Relations Media Relations Department
Email: kovalenko_dv3@magnit.ru Email: press@magnit.ru
Office: +7-861-277-4554 x 46082
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 September 30, 2018, Magnit operated 37 distribution
centers and 17,442 stores (12,813 convenience, 457 supermarkets and 4,172
drogerie stores) in 2,866 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.: 7364
EQS News ID: 772491
End of Announcement EQS News Service
(END) Dow Jones Newswires
February 05, 2019 01:58 ET (06:58 GMT)
© 2019 Dow Jones News
