MAGNIT PJSC (MGNT)
PJSC Magnit Announces the Commencing Date of the Exchange-Traded Bonds
Placement
23-Oct-2019 / 11:46 MSK
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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 Securities may
not be offered or sold in the United States unless registered under the US
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herein may not be offered or sold in Australia, Canada or Japan or to, or for
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Press Release | Krasnodar | October 23, 2019
PJSC Magnit Announces the Commencing Date of the Exchange-Traded Bonds
Placement
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Krasnodar, Russia (October 23, 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-04
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 (hereinafter - the
Exchange-traded bonds)
Maturity date: 910 (Nine hundred tenth) day
from the commencing date of the
Exchange-traded bonds placement
Identification number of the 4-60525-P-003P-02E of 30.01.2018
Program of the Exchange-traded
bonds of the 003P series:
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: November 5, 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: November 5, 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.
For further information, please contact:
Dmitry Kovalenko Dina Chistyak Media Inquiries
Director for Investor Relations Director for Investor Relations Media
Relations Department
Email: dmitry_kovalenko@magnit.ru Email: dina_chistyak@magnit.ru Email:
press@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.: 24377
EQS News ID: 894849
End of Announcement EQS News Service
(END) Dow Jones Newswires
October 23, 2019 04:46 ET (08:46 GMT)
