PJSC Magnit notifies on the transactions by persons discharging managerial responsibilities and persons closely associated with them

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 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
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: [e-mail] Email: [e-mail] 
 
Office: [phone] 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 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)