MAGNIT PJSC (MGNT)
MAGNIT PJSC: PJSC 'Magnit' notifies on the transactions by persons
discharging managerial responsibilities and persons closely associated with
them
22-May-2019 / 18:00 MSK
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The issuer is solely responsible for the content of this announcement.
Press Release | Krasnodar | May 22, 2019
PJSC "Magnit" notifies on the transactions by persons discharging managerial
responsibilities and persons closely associated with them
Krasnodar, Russia (May 22, 2019): Magnit PJSC (MOEX and LSE: MGNT), one of
Russia's leading retailers announces the change of stake of ordinary shares
in the charter capital of PJSC "Magnit" owned by Jan Gezinus Dunning,
President (member of the Management Board of PJSC "Magnit").
On May 22, 2019 the Company was notified on the following change of share of
Jan Gezinus Dunning in the charter capital.
Date of Share in Ordinary Share in the Ordinary
change the shares stake charter shares stake
charter before change capital after after change
capital change
before
change
May 21, 0% 0% 0.080810% 0.080810%
2019
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1
Details of the person discharging managerial
responsibilities/person closely associated
?)
Name Jan Gezinus Dunning
2
Reason for the notification
?) President (member of the PJSC
"Magnit" collective executive
body (Management Board)
Position/status
b)
Initial notification/ Initial notification
Amendment
3 Details of the issuer
?) Name Public Joint Stock Company
"Magnit"
b) LEI 2534009KKPTVL99W2Y12
4.1
Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where
transactions have been conducted
?)
Description of the Share
financial instrument, type
of instrument
Identification code
ISIN RU000A0JKQU8
b) Acquisition of PJSC "Magnit"
shares under the Shares Purchase
Agreement executed with JSC
"Tander" pursuant to the terms
Nature of the transaction of the Labor contract No. w/o
dated January 18, 2019 executed
between Dunning Jan Gezinus and
Public Joint Stock Company
"Magnit".
c) Price volume
3,596.50 82,355
Price(s) and volume(s)
d) Aggregated information Price Aggregated volume
3,596.50 82,355
- Aggregated volume
- Price
e)
Date of the transaction May 21, 2019
f)
Place of the transaction outside a trading venue
For further information, please contact:
Dmitry Kovalenko Dina Chistyak
Director for Investor Relations Director for Investor Relations
Email: dmitry_kovalenko@magnit.ru Email: dina_chistyak@magnit.ru
Office: +7 (861) 210-48-80 Office: +7 (861) 210-9810 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 March 31, 2019, Magnit operated 38 distribution centres
and 19,223 stores (13,909 convenience, 467 supermarkets and 4,847 drogerie
stores) in 3,077 cities and towns throughout 7 federal regions of the
Russian Federation.
In accordance with the audited IFRS results for 2018, Magnit had revenues of
RUB 1,237 billion and an EBITDA of RUB 90 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.: 8747
EQS News ID: 814775
End of Announcement EQS News Service
(END) Dow Jones Newswires
May 22, 2019 11:00 ET (15:00 GMT)
