4th Aug 2009 07:00
RNS Number : 8166W
OJSC Magnit
04 August 2009
Press-release
Krasnodar
August 4, 2009
Change of share in the OJSC “Magnit” charter capital
The share in the OJSC “Magnit" charter capital (the stake of ordinary shares) owned by Dmitriy Chenikov, the chairman of the OJSC “Magnit” BOD, has changed from 0.26% to 0.17%.
|
Name and position of the person: Dmitriy Chenikov, chairman of the OJSC “Magnit” BOD.
|
|
Company: Open joint-stock company “Magnit”, 18, Kolkhoznaya street, Krasnodar, Russia.
|
|
Share in the charter capital before change: 0.26%
|
|
Share in the charter capital after change: 0.17%
|
|
Ordinary share stake before change: 0.26%
|
|
Ordinary share stake after change: 0.17%
|
|
Date of the fact being reported: August 03, 2009.
|
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 Chistyak
|
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 June 30, 2009 the chain consisted of 2,790 convenience stores and 18 hypermarkets in 922 locations in the Russian Federation.
Approximately two-thirds of the Company’s stores are located in cities with population of less than 500,000 inhabitants. Most of its stores are located in the Southern, Central and Volga regions. The Company also operates stores in the North-Western and Urals regions.
As of June 30, 2009 the Company operated an in-house logistics system consisting of 9 distribution centers, employing automated stock replenishment systems and a fleet of 1,345 vehicles.
In accordance with the audited IFRS consolidated financial statements for 2008, the Company posted consolidated revenue of approximately US$5,348 million and consolidated EBITDA of around US$402 million.
This information is provided by RNS
The company news service from the London Stock Exchange
Related Shares:
MGNT.L