24th Apr 2012 12:44
Press-release
Krasnodar
April 24, 2012
OJSC "Magnit" announces the 2nd coupon yield payment
Krasnodar, April 24, 2012: OJSC "Magnit" (the "Company"; MICEX and LSE: MGNT) announces the 2nd coupon yield payment against bonds.
Dear Ladies and Gentlemen!
We would like to inform you that today OJSC "Magnit" has fulfilled its obligation of the 2nd coupon yield payment against bonds of BO-06 series in the amount of 193,200,000 rubles.
Parameters of the bond issue:
Type of securities: | Non-convertible interest-bearing certified Exchange-traded bonds to the bearer of B0-06 series with the obligatory centralized custody |
Identification code and date of its assignment to the issue: | № 4B02-06-60525-P as of 16.02.2011 |
Reporting (coupon) period which the yield is paid for: | 2nd coupon period: October 25, 2011 - April 24, 2012 |
Total amount of the interest subject to payment against bonds of each series: | 193,200,000 rubles excluding tax and other deductions 193,197,128 rubles adjusted for taxation |
The amount of the interest subject to payment against one bond of each series: | 38.64 rubles |
Method of payment: | Monetary funds in the currency of the Russian Federation by means of non-cash settlement |
Date of the obligation fulfillment: | April 24, 2012 |
For further information, please contact:
Oleg Goncharov | Director, Investor Relations e-mail: [email protected] Tel. in Krasnodar +7 (861) 277-45-54, 210-98-10 ext. 5100 Mob.: +7 (903) 411-40-35 Direct line for investors only: +7 (861) 277-45-62 |
Dina Svishcheva | Manager, Investor Relations e-mail: [email protected] Tel. in Krasnodar +7 (861) 277-45-54, 210-98-10 ext. 5101 Mob.: +7-961-511-02-02 Direct line for investors only: +7 (861) 277-45-62 |
Company description:
Based in Krasnodar, in the Southern region of Russia, Open Joint Stock Company "Magnit" is the holding company for a group of entities that operate in the retail trade under the "Magnit" brand. The chain of "Magnit" stores is one of the leading food retail networks in Russia. As of March 31, 2012 the chain consisted of 5,104 convenience stores, 96 hypermarkets and 266 cosmetics stores (drogerie) in 1,424 locations in the Russian Federation.
Approximately two-thirds of the Company's stores are located in cities with a population of less than 500,000 inhabitants. Most of its stores are located in the Southern, North-Caucasian, Central and Volga regions. The Company also operates stores in the North-Western, Urals and Siberian regions.
As of March 31, 2012 the Company operated an in-house logistics system consisting of 15 distribution centers, employing automated stock replenishment systems and a fleet of 3,922 vehicles.
In accordance with the audited IFRS consolidated financial statements for 2011, the Company recorded consolidated revenue of approximately US$ 11,423 million and consolidated EBITDA of around US$ 939 million.
Related Shares:
MGNT.L