MAGNIT PJSC (MGNT)
PJSC Magnit Announces the Procedure of Exchanged-Traded Bonds Placement,
Terms of the Offers' Submission and Assignment of the Underwriter
22-Oct-2019 / 09:51 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
This announcement is not for publication or distribution, directly or
indirectly, in or into the United States, Australia, Canada, Japan or any
other jurisdiction in which offers or sales would be prohibited by law. The
distribution of this announcement may be restricted by law in certain
jurisdictions and persons into whose possession any document or other
information referred to herein comes should inform themselves about and
observe any such restriction. Any failure to comply with these restrictions
may constitute a violation of the securities laws of any such jurisdiction.
This announcement does not contain or constitute an offer of, or the
solicitation of an offer to purchase or subscribe for, the securities to any
person in the United States, Australia, Canada or Japan or in any
jurisdiction to whom or in which such offer or solicitation is unlawful. The
Secutities may not be offered or sold in the United States unless registered
under the US Securities Act or offered in a transaction exempt from, or not
subject to, the registration requirements of the US Securities Act. The
offer and sale of the Securities referred to herein has not been and will
not be registered under the US Securities Act or under the applicable
securities laws of Australia, Canada or Japan. Subject to certain
exceptions, the Securities referred to herein may not be offered or sold in
Australia, Canada or Japan or to, or for the account or benefit of, any
national, resident or citizen of Australia, Canada or Japan. There will be
no public offer of the Securities in the United States, Australia, Canada or
Japan or elsewhere.
Members of the general public are not eligible to take part in the sale. In
member states of the European Economic Area ("EEA") (each, a "Relevant
Member State"), this announcement and any offer if made subsequently is sent
and addressed to and directed only at persons who are "qualified investors"
within the meaning of the Prospectus Directive ("Qualified Investors"). For
these purposes, the expression "Prospectus Directive" means Directive
2003/71/EC (and amendments thereto, including the 2010 PD Amending
Directive), and includes any relevant implementing measure in the Relevant
Member State and the expression "2010 PD Amending Directive" means Directive
2010/73/EU. In the United Kingdom this announcement is sent and distributed
to and directed exclusively at Qualified Investors (i) who have professional
experience in matters relating to investments falling within Article 19(5)
of the Financial Services and Markets Act 2000 (Financial Promotion) Order
2005, as amended (the "Order") or (ii) who fall within Article 49(2)(A) to
(D) of the Order, or (iii) to whom it may otherwise lawfully be
communicated, and the Securities will only be available to, and any
investment activity to which this announcement relates will only be engaged
in with, such persons and it should not be relied on by anyone other than
such persons.
THIS ANNOUNCEMENT AND MATERIALS CONTAINED IN IT ARE PROVIDED EXCLUSIVELY FOR
INFORMATION AND ARE NOT AN OFFER OR A PART OF AN OFFER OR AN INVITATION TO
ACQUIRE OR DISPOSE SECURITIES IN ANY JURISDICTION INCLUDING THE USA,
AUSTRALIA, CANADA AND JAPAN.
Press Release | Krasnodar | October 22, 2019
PJSC Magnit Announces the Procedure of Exchanged-Traded Bonds Placement,
Terms of the Offers' Submission and Assignment of the Underwriter
Krasnodar, Russia (October 22, 2019): Magnit PJSC (MOEX and LSE: MGNT;
Issuer; Company; Group), one of Russia's leading retailers, announces the
procedure of exchange-traded bonds placement, the terms of the offers'
submission and the assignment of the underwriter.
On October 21, 2019 the Chief Executive Officer of PJSC Magnit determined
the placement procedure of the Exchange-traded bonds of PJSC Magnit of the
BO-003P-04 series placed under the Program of the exchange-traded bonds of
the 003P series with the identification number of 4-60525-P-003?-02? as of
30.01.2018 (hereinafter - the Exchange-traded bonds), and the term and the
procedure of the submission of the offers from the potential acquirers to
execute the Exchange-traded bonds preliminary sale and purchase agreements
(hereinafter - the Offers), as well as assigned the Underwriter (Public
Joint Stock Company Sovcombank) for the Exchange-traded bonds placement.
The placement of the Exchange-traded bonds shall be exercised via
book-building.
The Offers to execute the preliminary agreements shall be submitted from
October 22, 2019 at 11 AM Moscow time to October 22, 2019 at 3 PM Moscow
time. According to the preliminary agreements, potential acquirers and the
Underwriter (Public Joint Stock Company Sovcombank (Taxpayer ID number
4401116480) shall execute the principal Exchange-traded bonds sale and
purchase agreements on the commencing date of the Exchange-traded bonds
placement.
The expiration time of the Offers submission, preliminary determined by the
decision of the sole executive body of the Issuer, may be changed by the
sole executive body of the Issuer.
The approved form of the Offer can be found at the official website of the
Company
http://ir.magnit.com/en/information-disclosure/charter-capital-and-issuing-d
ocuments/ [1]
The information on the Underwriter and the bank details to transfer the
payment for the Exchange-traded bonds can be found in the relevant Material
fact http://ir.magnit.com/en/information-disclosure/material-facts/ [2]
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 June 30, 2019, Magnit operated 38 distribution centers
and 19,884 stores (14,231 convenience, 466 supermarkets and 5,187 drogerie
stores) in 3,354 cities and towns throughout 7 federal regions of the
Russian Federation.
In accordance with the reviewed IFRS results for 1H 2019, Magnit had
revenues of RUB 658 billion and an EBITDA of RUB 43 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.: 24184
EQS News ID: 893835
End of Announcement EQS News Service
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(END) Dow Jones Newswires
October 22, 2019 02:51 ET (06:51 GMT)
