22nd Jul 2015 13:46
PJSC MAGNIT - Change of SharePJSC MAGNIT - Change of Share
PR Newswire
London, July 22
Press-release
Krasnodar
July 22, 2015
PJSC “Magnit” Announces the Disposal of Shares by the Entity under the Issuer’s Control
Krasnodar, July 22, 2015: PJSC “Magnit”, Russia’s largest food retailer (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 address: | Joint Stock Company “Tander” 185, Levanevskogo street, Krasnodar, Russia |
| Taxpayer Id Number: | 2310031475 |
| Principal State Registration Number: | 1022301598549 |
| Object of disposal: | voting shares of the Issuer |
| Date of disposal: | July 15, 2015 |
| Amount of disposed shares: | 6,205 shares (0.006562% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 63,985 votes (0.067665% of the total number of votes) |
| Amount of votes after disposal: | 57,780 votes (0.061103% of the total number of votes) |
| Date of disposal: | July 20, 2015 |
| Amount of disposed shares: | 4,357 shares (0.004608% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 57,780 votes (0.061103% of the total number of votes) |
| Amount of votes after disposal: | 53,423 votes (0.056496% of the total number of votes) |
| Date of disposal: | July 21, 2015 |
| Amount of disposed shares: | 6,404 shares (0.006772% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 53,423 votes (0.056496% of the total number of votes) |
| Amount of votes after disposal: | 47,019 votes (0.049723% of the total number of votes) |
For further information, please contact:
| Timothy Post | Director, Investor Relations Email: [email protected] Office: +7-861-277-4554 x 17600 Mobile: +7-961-511-7678 Direct Line: +7-861-277-4562 |
| Dina Svishcheva | Deputy Director, Investor Relations Email: [email protected] Office: +7-861-277-45-54 x 15101 Mobile: +7-961-511-0202 Direct Line: +7-861-277-4562 |
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 June 30, 2015, Magnit operated 29 distribution centers and over 10,700 stores (8,890 convenience, 311 hypermarkets, and 1,527 drogerie stores) in approximately 2,233 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the unaudited IFRS management accounts for 1H 2015, Magnit had revenues of RUB 455 billion and an EBITDA of RUB 49 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