DJ Magnit announces the changes of the rights of Marathon Group to dispose a certain number of votes accounted for voting shares of PJSC Magnit
MAGNIT PJSC (MGNT) Magnit announces the changes of the rights of Marathon Group to dispose a certain number of votes accounted for voting shares of PJSC Magnit 14-Jan-2022 / 17:15 MSK Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
-----------------------------------------------------------------------------------------------------------------------
MAGNIT announces the changes of the rights of Marathon Group to dispose a certain number of votes accounted for voting shares of PJSC Magnit
Krasnodar, January 14, 2022: Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, announces the acquisition of the right of Marathon Group1 and Alexander Vinokurov 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").
The Company has been informed of the increase of the share of Votes of Marathon Group to 29.23% (acquisition of additional 4.23% of Votes due to the satisfaction of the corresponding application of Marathon Retail LLC by the FAS of Russia). This amount includes Votes on Magnit shares transferred to VTB Group2 under the repurchase agreements concluded between Marathon Retail LLC and VTB Group.
For more detailed information please see the table and the corresponding notes below.
Acquisition of the Acquisition of the
right to dispose Acquisition of the right to dispose Votes right to dispose
Votes Votes
Marathon Retail Vinokurov
Full company or person's name Limited Liability MG MARATHON GROUP (CYPRUS) LTD Alexander
Company Semenovich
Moscow, Russian Flat/Office 601, 6th Floor, ANASTASIO
Company address Federation BUILDING, Dimitriou Karatasou 15, Strovolos, -
2024, Nicosia, Cyprus
Taxpayer Id Number 7733314868 - -
Principal State Registration Number 1177746084779 ?? 367607 -
Type of the terminated / acquired direct disposal indirect disposal3 indirect disposal4
right to dispose Votes
Attribute of the terminated / sole disposal sole disposal sole disposal
acquired right to dispose Votes
Basis of the termination / conclusion of the agreement, the subject of which is the exercise of the rights,
acquisition of the right to dispose certified by shares (stakes), to dispose a certain number of votes accounted for
Votes the voting shares (stakes) in the charter capital of the issuer
Number of Votes and share in the 22,860,779 votes / 25,477,838 votes /
charter capital before the 22.43% 25,477,838 votes / 24.99% 24.99%
occurrence of the basis
Number of Votes and share in the 27,174,137 votes / 29,791,196 votes /
charter capital after the 26.66% 29,791,196 votes / 29.23% 29.23%
occurrence of the basis
Date of occurrence of the basis 14.01.2022 14.01.2022 14.01.2022
Notes:
1 - MG MARATHON GROUP (CYPRUS) LTD and its entities, including PHARMACONTUR LLC, Natsbioprodukt LLC, SERENGATE ADVISORS LIMITED, AVENTOCO LIMITED, Marathon Marble LLC, Marathon Retail LLC;
2 - VTB Bank (PJSC) or entities included in the group with VTB Bank (PJSC);
3 - MG MARATHON GROUP (CYPRUS) LTD has acquired the right to indirectly dispose the Votes through PHARMACONTUR LLC, Natsbioprodukt LLC, SERENGATE ADVISORS LIMITED, AVENTOCO LIMITED, Marathon Marble LLC and Marathon Retail LLC;
4 - Alexander Vinokurov has acquired the right to indirectly dispose the Votes through MG MARATHON GROUP (CYPRUS) LTD, PHARMACONTUR LLC, Natsbioprodukt LLC, SERENGATE ADVISORS LIMITED, AVENTOCO LIMITED, Marathon Marble LLC and Marathon Retail LLC;
Please follow the link below for more information:
-- http://www.e-disclosure.ru/portal/company.aspx?id=7671 (in Russian language);
-- https://www.magnit.com/ru/disclosure/regulatory-news/ (in Russian language);
-- https://www.magnit.com/en/disclosure/regulatory-news/tabs-Disclosure (in English).
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.
-----------------------------------------------------------------------------------------------------------------------
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.: 136847 EQS News ID: 1269086 End of Announcement EQS News Service =------------------------------------------------------------------------------------
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1269086&application_name=news
(END) Dow Jones Newswires
January 14, 2022 09:15 ET (14:15 GMT)
