PJSC Magnit notifies on the transactions by persons discharging managerial responsibilities and persons closely associated with them (PDMR/PCA)

DJ PJSC Magnit notifies on the transactions by persons discharging managerial responsibilities and persons closely associated with them (PDMR/PCA)

MAGNIT PJSC (MGNT) 
PJSC Magnit notifies on the transactions by persons discharging managerial 
responsibilities and persons closely associated with them (PDMR/PCA) 
 
25-Nov-2020 / 16:40 MSK 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
PJSC Magnit notifies on the transactions by persons discharging managerial 
responsibilities and persons closely associated with them (PDMR/PCA) 
 
 Krasnodar, Russia (25 November, 2020): Magnit PJSC (MOEX and LSE: MGNT; the 
Company, the Group), one of Russia's leading retailers, announces the change 
of stake in the charter capital of PJSC Magnit owned by Jan Gezinus Dunning, 
 CEO, President, Chairman of the Management Board and member of the Board of 
            Directors of PJSC Magnit. 
 
On November 25, 2020 the Company was notified on the following changes: 
 
 Name   Date of    Share in the   Ordinary    Share   Ordinary 
         change      charter       shares    in the    shares 
                  capital before    stake    charter stake after 
                      change       before    capital   change 
                                   change     after 
                                             change 
   Jan   November  0.173825%[1]   0.167145%  0,17621  0.167145% 
Gezinu   24, 2020                             7 [2] 
     s 
Dunnin 
     g 
 
 [1] including 34,035 Global Depositary Receipts ("GDRs"), which certify the 
 rights in relation to ordinary shares of PJSC "Magnit" at a ratio of 5 GDRs 
            per 1 ordinary share. 
 
 [2] including 46,226 Global Depositary Receipts ("GDRs"), which certify the 
 rights in relation to ordinary shares of PJSC "Magnit" at a ratio of 5 GDRs 
            per 1 ordinary share. 
 
 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 
?)                         CEO, President, Chairman of the 
                           Management Board and member of the 
                           Board of Directors of PJSC "Magnit". 
 
    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     Global depositary receipts 
    financial instrument, 
    type of instrument 
    Identification code 
                           ISIN US55953Q2021 
b)                         Acquisition of PJSC "Magnit" global 
                           depositary receipts 
 
    Nature of the 
    transaction 
c)                           Price (EUR)    volume 
                           12.7547904191617 12,191 
 
    Price(s) and volume(s) 
d)  Aggregated information   Price (EUR)    Aggregated volume 
                           12.7547904191617      12,191 
 
    - Aggregated volume 
 
    - Price 
e) 
 
    Date of the            November 24, 2020 
    transaction 
f) 
 
    Place of the           outside a trading venue 
    transaction 
 
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 
 
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 September 30, 2020, Magnit operated 38 distribution 
   centres and 21,154 stores (14,699 convenience, 469 supermarkets and 5,986 
  drogerie stores) in 3,819 cities and towns throughout 7 federal regions of 
            the Russian Federation. 
 
 In accordance with the unaudited IFRS 16 management accounts results for 1H 
    2020, Magnit had revenues of RUB 763.4 billion and an EBITDA of RUB 86.9 
     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.:   88524 
EQS News ID:    1150578 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

November 25, 2020 08:40 ET (13:40 GMT)