DJ Magnit announces the termination of the right of VTB Bank and its controlled entities to dispose a certain number of votes accounted for voting shares in the charter capital of PJSC Magnit
MAGNIT PJSC (MGNT) Magnit announces the termination of the right of VTB Bank and its controlled entities to dispose a certain number of votes accounted for voting shares in the charter capital of PJSC Magnit 26-Nov-2021 / 19:00 MSK Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
-----------------------------------------------------------------------------------------------------------------------
MAGNIT announces the termination of the right of VTB Bank and its controlled entities to dispose a certain number of votes accounted for voting shares in the charter capital of PJSC Magnit
Krasnodar, November 26, 2021: Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, announces the termination of the right of VTB Bank (PJSC) (hereinafter "VTB Bank") and its controlled entities to dispose a certain number of votes accounted for voting shares in the charter capital of PJSC Magnit (hereinafter - "Votes on Magnit shares" or "Votes").
On November 25, 2021 VTB Bank published the information that on November 23, 2021 VTB Bank terminated its right to dispose a certain number of Votes on Magnit shares[1]. The Company was also notified of the termination of the right of entities controlled by VTB Bank to dispose a certain number of Votes on Magnit shares.
The information below is based on the notice published by VTB Bank, as well as on the notifications received from the respective entities controlled by VTB Bank.
VTB Bank (Public Business Finance VTB Capital IB Joint-stock company
Full company name Joint-Stock Limited Liability Holding Limited VTB Capital
Company) Company Liability Company
Company address: Saint Petersburg, Moscow Moscow Moscow
Russian Federation
Taxpayer Id Number 7702070139 7707572492 7703683145 7703585780
Principal State Registration Number 1027739609391 1057749598169 1097760000458 1067746393780
Type of the terminated right indirect disposal indirect disposal indirect disposal direct disposal
Attribute of the terminated right sole disposal sole disposal sole disposal sole disposal
Basis of the termination of the right disposal (decrease) disposal (decrease) disposal (decrease) disposal (decrease)
to dispose of share in the of share in the of share in the of share in the
issuer issuer issuer issuer
Number of Votes and share in the 7,868,427 / 7,868,427 /
charter capital before the occurrence 7,936,854 / 7.788% 7.72085% 7,868,427 / 7.72085% 7.72085%
of the basis
Number of Votes and share in the
charter capital after the occurrence 3,466,886 / 3.402% 185 / 0.00018% 185 / 0.00018% 185 / 0.00018%
of the basis
For further information, please contact:
Dina Chistyak
Head of Investor Relations
dina_chistyak@magnit.ru
Office: +7 (861) 210 9810 x 15101
Media Inquiries Twitter
press@magnit.ru @MagnitIR
Note to editors
"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, 2021, Magnit operated 45 distribution centers and
25,315 stores in 3,840 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the unaudited IFRS 16 management accounts results for 9M 2021, Magnit had revenues of
RUB 1,311.5 billion and an EBITDA of RUB 151.4 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.
Forward-looking statements
This document contains or may contain forward-looking statements that may or may not prove accurate. For
example, statements regarding expected sales growth rate and/or store openings are forward-looking
statements. Forward-looking statements involve known and unknown risks, uncertainties and other important
factors that could cause actual results to differ materially from what is expressed or implied by the
statements. Any forward-looking statement is based on information available to Magnit as of the date of
the statement. All written or oral forward-looking statements attributable to Magnit are qualified by
this caution. Magnit does not undertake any obligation to update or revise any forward-looking statement
to reflect any change in circumstances.
-----------------------------------------------------------------------------------------------------------------------
[1] The full text of the VTB Bank announcement is available at: https://e-disclosure.ru/portal/event.aspx?EventId= P7Ua-AT5xmEib6baXsngNmw-B-B (in Russian language)
-----------------------------------------------------------------------------------------------------------------------
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.: 127771 EQS News ID: 1252349 End of Announcement EQS News Service =------------------------------------------------------------------------------------
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1252349&application_name=news
(END) Dow Jones Newswires
November 26, 2021 11:00 ET (16:00 GMT)
