DJ PJSC Magnit Announces the Board of Directors' Resolutions
MAGNIT PJSC (MGNT)
PJSC Magnit Announces the Board of Directors' Resolutions
24-Dec-2020 / 17:10 MSK
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Press Release | Krasnodar | December 24, 2020
PJSC Magnit Announces the Board of Directors' Resolutions
*********************************************************
Krasnodar, Russia (December 24, 2020): Magnit PJSC (MOEX and LSE: MGNT;
"Company"), one of Russia's leading retailers, announces the resolutions of
the Board of Directors taken at the meeting held on December 23, 2020.
The Board of Directors of the Company has considered items related to
operations of the Company's structural division responsible for Internal
Audit, and to the performance of the Internal Control and Risk Management
System of PJSC "Magnit" and its subsidiaries.
Please follow the link below to view full results of the Board meeting:
? http://www.e-disclosure.ru/portal/company.aspx?id=7671 (in Russian
language);
? https://www.magnit.com/ru/disclosure/regulatory-news/ [1] (in Russian
language);
? https://www.magnit.com/en/disclosure/regulatory-news/tabs-Disclosure
[2] (in English)
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 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.: 90378
EQS News ID: 1157445
End of Announcement EQS News Service
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(END) Dow Jones Newswires
December 24, 2020 09:10 ET (14:10 GMT)
