23rd Oct 2012 12:52
Press-releaseKrasnodarOctober 23, 2012
OJSC "Magnit" announces the 3rd coupon yield payment
Krasnodar, October 23, 2012: OJSC "Magnit" announces the 3rd coupon yield payment against bonds.
Dear Ladies and Gentlemen!
We would like to inform you that on October 23, 2012 OJSC "Magnit" fulfilled its obligation of the 3rd coupon redemption 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 B0-06series with the obligatory centralized custody Identification code and â„- 4B02-06-60525-Pas of 16.02.2011 date of its assignment to the issue:
Reporting (coupon) period 3rd coupon period (April 24, 2012 - October 23, 2012) which the yield is paid
for:
Total amount of the 193,200,000 rubles excluding tax and other deductions; interest subject to
payment against bonds of 193,176,552 rubles adjusted for taxation each series: The amount of the 38.64 rubles interest subject to payment against one bond of each series: Method of payment: Monetary funds in the currency of the Russian Federation by means of non-cash settlement Date of the obligation October 23, 2012 fulfillment:
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 September 30, 2012 the chain consisted of 5,523 convenience stores, 105 hypermarkets, 11 "Magnit Family" stores and 480 cosmetics stores (drogerie) in 1,504 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 September 30, 2012 the Company operated an in-house logistics system consisting of 17 distribution centers, employing automated stock replenishment systems and a fleet of 4,082 vehicles.
In accordance with the reviewed IFRS consolidated financial statements for 1H 2012, the Company recorded consolidated revenue of approximately US$ 6,776 million and consolidated EBITDA of around US$ 671 million.
Related Shares:
MGNT.L