MAGNIT PJSC (MGNT)
PJSC 'Magnit' Announces the Commencing Date of the Exchange-Traded Bonds
Placement
25-Jun-2019 / 17:16 MSK
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solicitation of an offer to purchase or subscribe for, the securities to any
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Press Release | Krasnodar | June 25, 2019
PJSC "Magnit" Announces the Commencing Date of the Exchange-Traded Bonds
Placement
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Krasnodar, Russia (June 25, 2019): Magnit PJSC (MOEX and LSE: MGNT; Issuer;
Company; Group), one of Russia's leading retailers, announces the commencing
date of the exchange-traded bonds placement.
Parameters of the bonds placement:
Type of securities: Non-convertible interest-bearing
certified exchange-traded bonds
of PJSC "Magnit" of the
BO-003P-03 series to the bearer
with the obligatory centralized
custody, placed under the Program
of the exchange-traded bonds with
the identification number of
4-60525-P-003P-02E as of
30.01.2018, bonds issue
identification number
4B02-02-60525-?-003P as
25.06.2019 (the Exchange-traded
bonds)
Maturity date: 546 (Five hundred forty six) days
from the commencing date of the
Exchange-traded bonds placement
Identification number 4B02-03-60525-P-003P of
assigned to the issue and the 25.06.2019
date of assignment:
Name of the authority which Public Joint-Stock Company Moscow
assigned the identification Exchange MICEX-RTS
number to the securities
issue:
Amount of securities to be 10,000,000 bonds
placed:
Nominal value: 1,000 rubles each
Placement method: open subscription
Pre-emptive right: not provided
Placement commencing date: June 27, 2019
The price of the securities placement or the procedure of its determination:
The price of the placement of the Exchange-traded bonds is fixed in the amount
of 1,000 (One thousand) rubles for 1 (One) Exchange-traded bond (100% of the
nominal value).
From the second day of the placement of the Exchange-traded bonds within the
settlement of the sale and purchase transaction the buyer of the
Exchange-traded bonds shall also pay the accumulated coupon yield against the
Exchange-traded bonds calculated by the formula specified in the clause 18 of
the Prospectus.
The commencing date of the securities placement:
The commencing date of the Exchange-traded bonds placement: June 27, 2019.
The commencing date of the Exchange-traded bonds placement that was not
determined in the Text of Terms and Conditions of the Exchange-traded bonds
may be changed by the decision of the sole executive body of the Issuer
subject to the requirements for the procedure of the disclosure of information
on the change of the commencing date of the Exchange-traded bonds placement,
established in accordance with the legislation of the Russian Federation, the
Bonds Program and the Prospectus.
If the Issuer adopts the decision to change the commencing date of the
Exchange-traded bonds placement disclosed pursuant to the procedure specified
above, the Issuer shall publish the report on change of the commencing date of
the Exchange-traded bonds placement in the newswire and on the webpage in the
Internet in accordance with the regulatory enactments related to financial
markets not later than 1 (One) day prior to the corresponding date.
The completion date of the securities placement or the procedure of its
determination:
The completion date of the Exchange-traded bonds placement is the earliest
date of the following dates:
a) the 3rd (Third) business day from the commencing date of the
Exchange-traded bonds placement;
b) the date of placement of the last Exchange-traded bond.
The decision was made by the Issuer's sole executive body (Chief Executive
Officer) on June 25, 2019 (Decision w/o No. of June 25, 2019).
For further information, please contact:
Dmitry Kovalenko
Director for Investor Relations
Email: dmitry_kovalenko@magnit.ru
Office: +7 (861) 210-48-80
Dina Chistyak
Director for Investor Relations
Email: dina_chistyak@magnit.ru
Office: +7 (861) 210-9810 x 15101
Media Inquiries
Media Relations Department
Email: press@magnit.ru
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.: 11312
EQS News ID: 830743
End of Announcement EQS News Service
(END) Dow Jones Newswires
June 25, 2019 10:16 ET (14:16 GMT)
