20th Mar 2013 12:31
OJSC MAGNIT - Change of ShareOJSC MAGNIT - Change of Share
PR Newswire
London, March 20
OJSC "Magnit" Announces Change of Share in the Charter Capital
Krasnodar, March 20, 2013: OJSC "Magnit" (the "Company"; MICEX and LSE: MGNT)announces change of share in the charter capital of OJSC "Magnit" (ordinaryshares stake) owned by Khachatur Pombukhchan, the chairman of the Board of OJSC"Magnit" directors, from 0.0024 % to 0.00243%.
Name and position of the Khachatur Pombukhchan, the chairman of the Board ofperson: OJSC "Magnit" directors Company: Open joint-stock company "Magnit", 15/5, Solnechnaya street, Krasnodar, Russia Share in charter capital 0.0024% before change: Ordinary shares stake 0.0024%before change: Share in charter capital 0.00243% after change: Ordinary shares stake 0.00243%after change: Date of change of share in March19, 2013the charter capital: Date of the fact being March20, 2013reported:For further information, please contact:
Timothy Post Director, Investor Relations e-mail: [email protected] Tel. in Krasnodar +7 (861) 277-45-54, 210-98-10 ext. 7600 Mob.: +7 (961) 511-76-78 Direct line for investors only: +7 (861) 277-45-62 Dina Svishcheva Deputy Director, 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:Headquartered in the southern Russia city of Krasnodar, Magnit (LSE and MICEX:MGNT) is the holding company for a group of entities that operate in the retailtrade under the "Magnit" brand. The chain of "Magnit" stores is one of theleading food retail networks in Russia. As of December 31, 2012 the chainconsisted of 6,046 convenience stores, 126 hypermarkets, 20 "Magnit Family"stores and 692 cosmetics stores (drogerie) in 1,605 cities and towns throughoutthe Russian Federation.
Approximately two-thirds of the Magnit's stores are located in cities with apopulation of less than 500,000 inhabitants. Most of its stores are located inthe Southern, North-Caucasian, Central and Volga regions. The Company alsooperates stores in the North-Western, Urals and Siberian regions.
As of December 31, 2012 Magnit operated an in-house logistics system consistingof 18 distribution centers, employing automated stock replenishment systems anda fleet of 4,401 vehicles.
In accordance with the unaudited IFRS management accounts for 2012, Magnitrecorded consolidated revenues of approximately $14,430 million USD and aconsolidated EBITDA of $1,524 million USD.
Related Shares:
MGNT.L