19th Feb 2016 14:21
PJSC MAGNIT - Change of SharePJSC MAGNIT - Change of Share
PR Newswire
London, February 19
Press-release
Krasnodar
February 19, 2016
PJSC “Magnit” Announces the Change of Share of the Entity under the Issuer’s Control
Krasnodar, February 19, 2016: PJSC “Magnit”, Russia’s largest food retailer (the “Company”, the “Issuer”, MOEX and LSE: MGNT), announces the change of share of the entity which is under the Issuer’s control.
| Full company name and address: | Joint Stock Company “Tander”185, Levanevskogo street, Krasnodar, Russia |
| Taxpayer Id Number: | 2310031475 |
| Principal State Registration Number: | 1022301598549 |
| Object of acquisition: | voting shares of the Issuer |
| February 15, 2016 | Acquisition of shares |
| Amount of acquired shares: | 4,553 shares (0.004815% of the total equity) |
| Basis for acquisition: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before acquisition: | 66,850 votes (0.070695% of the total number of votes) |
| Amount of votes after acquisition: | 71,403 votes (0.075510% of the total number of votes) |
| February 17, 2016 | Acquisition of shares |
| Amount of acquired shares: | 4,352 shares (0.004602% of the total equity) |
| Basis for acquisition: | Sale and Purchase Agreement executed in the trading of MICEX Stock Exchange |
| Amount of votes before acquisition: | 71,403 votes (0.075510% of the total number of votes) |
| Amount of votes after acquisition: | 75,755 votes (0.080112% of the total number of votes) |
For further information, please contact:
| Timothy Post | Head of Investor RelationsEmail: [email protected]: +7-861-277-4554 x 17600Mobile: +7-961-511-7678Direct Line: +7-861-277-4562 |
| Investor Relations Office | [email protected] Line: +7-861-277-4562Website: ir.magnit.com/ |
| Media Inquiries | Media Relations [email protected] |
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 December 31, 2015, Magnit operated 33 distribution centers and 12,089 stores (9,594 convenience, 374 hypermarkets, and 2,121 drogerie stores) in 2,361 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the unaudited IFRS management accounts for 2015, Magnit had revenues of RUB 951 billion and an EBITDA of RUB 104 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.
Related Shares:
MGNT.L