Press-release
Krasnodar
September 4, 2015
PJSC "Magnit" Announces the Change of Share of the BoD and the Management Board
Members in the Charter Capital
Krasnodar, September 4, 2015: PJSC "Magnit", Russia's largest food retailer
(the "Company"; MOEX and LSE: MGNT), announces the change of share of the BoD
and the Management Board members in the charter capital.
On September 4, 2015 the Company was notified of the following changes of share
of the BoD and the Management Board members in its charter capital.
Name and position Share in the charter Share of the ordinary Share in the charter Share of the ordinary Date of change
capital before change shares before change capital after change shares after change
Ilya Sattarov 0,003399% 0,003399% 0,003398% 0,003398% September 1, 2015
Member of the
Management Board
Ilya Sattarov 0,003398% 0,003398% 0,002870% 0,002870% September 3, 2015
Member of the
Management Board
Marina Ivanova 0,002115% 0,002115% 0,002134% 0,002134% September 2, 2015
Member of the
Management Board
Aslan Shkhachemukov 0,00% 0,00% 0,00017% 0,00017% August 28, 2015
BoD Member
Aslan Shkhachemukov 0,00017% 0,00017% 0,00% 0,00% August 31, 2015
BoD Member
Aslan Shkhachemukov 0,00% 0,00% 0,00602% 0,00602% September 1, 2015
BoD Member
Aslan Shkhachemukov 0,00602% 0,00602% 0,00601% 0,00601% September 2, 2015
BoD Member
For further information, please contact:
Timothy Post Director, Investor Relations
Email: post@magnit.ru
Office: +7-861-277-4554 x 17600
Mobile: +7-961-511-7678
Direct Line: +7-861-277-4562
Dina Svishcheva Deputy Director, Investor Relations
Email: Chistyak@magnit.ru
Office: +7-861-277-45-54 x 15101
Mobile: +7-961-511-0202
Direct Line: +7-861-277-4562
Media Inquiries PR and GR Department
press@magnit.ru
Company description:
Magnit is Russia's largest food retailer. Founded in 1994, the company is
headquartered in the southern Russian city of Krasnodar. As of June 30, 2015,
Magnit operated 29 distribution centers and over 10,700 stores (8,890
convenience, 311 hypermarkets, and 1,527 drogerie stores) in approximately
2,233 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the reviewed IFRS consolidated financial statements for 1H
2015. Magnit had revenues of RUB 455 billion and an EBITDA of RUB 49 billion.
Magnit's local shares are traded on the Moscow Stock 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+. Measured by market capitalization, Magnit is one
of the largest retailers in Europe.