PJSC Magnit Announces the Expiration of the Term for the Submission of the Offers for Exchanged-Traded Bonds

MAGNIT PJSC (MGNT) 
PJSC Magnit Announces the Expiration of the Term for the Submission of the 
Offers for Exchanged-Traded Bonds 
 
20-Feb-2020 / 17:24 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         This announcement is not for publication or distribution, directly or 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 Securities 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 | February 20, 2020 
 
PJSC Magnit Announces the Expiration of the Term for the Submission of the 
Offers for Exchanged-Traded Bonds 
****************************************************************************** 
****************************** 
 
       Krasnodar, Russia (February 20, 2020): Magnit PJSC (MOEX and LSE: MGNT; 
     Issuer; Company; Group), one of Russia's leading retailers, announces the 
    expiration of the term for the submission of the offers from the potential 
 acquirers of the Exchange-traded bonds to execute the preliminary agreements. 
 
       According to the Decision of the Chief Executive Officer of PJSC Magnit 
    (Decision w/o No. of February 20, 2020) the term for the submission of the 
 offers from the potential acquirers to execute the preliminary agreements has 
expired on February 20, 2020 at 3 PM Moscow time. According to the preliminary 
    agreements, a potential acquirer and PJSC Magnit (through the Underwriter) 
 shall execute principal sale and purchase agreements on Exchange-traded bonds 
       of PJSC Magnit of the BO-002P-01 series to the bearer, placed under the 
              Program of the exchange-traded bonds of the 002P series with the 
   identification number of 4-60525-P-002P-02E as of 27.07.2016 (hereinafter - 
the Exchange-traded bonds) on the commencing date of the Exchange-traded bonds 
                                                                    placement. 
 
For further information, please contact: 
 
Dmitry Kovalenko 
 
Director for Investor Relations 
 
Email: [e-mail] 
 
Office: [phone] 
 
Dina Chistyak 
 
Director for Investor Relations 
 
Email: [e-mail] 
 
Office: [phone] x 15101 
 
Media Inquiries 
 
Media Relations Department 
 
Email: [e-mail] 
 
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 December 31, 2019, Magnit operated 38 distribution centres 
    and 20,725 stores (14,622 convenience, 473 supermarkets and 5,630 drogerie 
 stores) in 3,742 cities and towns throughout 7 federal regions of the Russian 
                                                                   Federation. 
 
 In accordance with the unaudited IFRS management accounts for FY 2019, Magnit 
   had revenues of RUB 1,369 billion and an EBITDA of RUB 83 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.:   48064 
EQS News ID:    980455 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

February 20, 2020 09:24 ET (14:24 GMT)