PJSC Magnit Announces the Board of Directors' Resolutions

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 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
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: [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 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 
 
 
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=02d7b1654732e0af200cb994d5350d7a&application_id=1157445&site_id=vwd&application_name=news 
2: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=7cff4f1b38b4ac78775b60293a39af6b&application_id=1157445&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

December 24, 2020 09:10 ET (14:10 GMT)