Press-release
Krasnodar
September 27, 2016
Magnit Announces the Disposal of Shares by the Entity under the Issuer's
Control
Krasnodar, Russia (September 27, 2016): Magnit PJSC, one of Russia's leading
retailers (the "Company", the "Issuer", MOEX and LSE: MGNT), announces the
disposal of shares by the entity which is under the Issuer's control.
Full company name and Joint Stock Company "Tander"
address: 185, Levanevskogo street, Krasnodar, Russia
Taxpayer Id Number: 2310031475
Principal State Registration 1022301598549
Number:
Object of acquisition: Ordinary registered uncertified voting shares with a state
registration No. 1-01-60525-P of 04.03.2004, International
Securities Identification Number (ISIN) RU000A0JKQU8
Disposal of shares
Date of change: September 23, 2016
Amount of acquired shares: 7,052 shares (0.007458% of the total equity)
Basis for acquisition: Sale and Purchase Agreement executed in the trading of
Closed Joint Stock Company «MICEX Stock Exchange»
Amount of votes before 15,534 votes (0.016427% of the total number of votes)
disposal:
Amount of votes after 8,482 votes (0.008970% of the total number of votes)
disposal:
For further information, please contact:
Timothy Post Head of Investor Relations
Email: post@magnit.ru
Office: +7-861-277-4554 x 17600
Mobile: +7-961-511-7678
Direct Line: +7-861-277-4562
Investor Relations Office MagnitIR@magnit.ru
Direct Line: +7-861-277-4562
Website: ir.magnit.com/
Media Inquiries Media Relations Department
press@magnit.ru
Company description:
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 June 30, 2016, Magnit operated 34 distribution centers and
12,888 stores (9,902 convenience, 398 hypermarkets and 2,588 drogerie stores)
in 2,397 cities and towns throughout 7 federal regions of the Russian
Federation.
In accordance with the reviewed IFRS consolidated financial statements for 1H
2016, Magnit had revenues of RUB 522 billion and an EBITDA of RUB 52 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+. Measured by market capitalization, Magnit is one of
the largest retailers in Europe.