10th Sep 2012 12:13
Press-release
Krasnodar
September 10, 2012
OJSC "Magnit" announces the 4th coupon yield payment
Krasnodar, September 10, 2012: OJSC "Magnit" (the "Company"; MICEX and LSE: MGNT) announces the 4th coupon yield payment against bonds.
Dear Ladies and Gentlemen!
We would like to inform you that on September 10, 2012 OJSC "Magnit" fulfilled its obligation of the 4th coupon redemption against bonds of BO-01/BO-02/BO-03/BO-04 series in the amount of 41,140,000 rubles / 41,140,000 rubles / 61,710,000 rubles / 82,280,000 rubles correspondingly.
Parameters of the bond issue:
Type of securities: | Non-convertible interest-bearing certified Exchange-traded bonds to the bearer of B0-01/BO-02/BO-03/BO-04 series with the obligatory centralized custody |
Identification code and date of its assignment to the issue: | № 4B02-01-60525-P / 4B02-02-60525-P / 4B02-03-60525-P / 4B02-04-60525-P as of 02.02.2010 |
Reporting (coupon) period which the yield is paid for: | 4th coupon period (March 12, 2012 - September 10, 2012) |
Total amount of the interest subject to payment against bonds of each series: | 41,140,000 rubles / 41,140,000 rubles / 61,710,000 rubles / 82,280,000 rubles correspondingly excluding tax and other deductions; 41,132,978 rubles / 41,139,465 rubles / 61,709,925 rubles / 82,275,406 rubles correspondingly adjusted for taxation |
The amount of the interest subject to payment against one bond of each series: | 41.14 rubles / 41.14 rubles / 41.14 rubles / 41.14 rubles correspondingly |
Method of payment: | Monetary funds in the currency of the Russian Federation by means of non-cash settlement |
Date of the obligation fulfillment: | September 10, 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" (LSE and MICEX: MGNT, S&P: "BB-") 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 June 30, 2012 the chain consisted of 5,268 convenience stores, 98 hypermarkets, 5 "Magnit Family" stores and 351 cosmetics stores (drogerie) in 1,461 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 June 30, 2012 the Company operated an in-house logistics system consisting of 16 distribution centers, employing automated stock replenishment systems and a fleet of 4,070 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