23rd Oct 2015 15:46
PJSC MAGNIT - Change of SharePJSC MAGNIT - Change of Share
PR Newswire
London, October 23
Press-release
Krasnodar
October 23, 2015
PJSC “Magnit” Announces the Change of Share of the Entity under the Issuer’s Control
Krasnodar, October 23, 2015: 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 |
| October 19, 2015 | Disposal of shares |
| Amount of disposed shares: | 7,814 shares (0.008263% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 56,449 votes (0.059696% of the total number of votes) |
| Amount of votes after disposal: | 48,635 votes (0.051432% of the total number of votes) |
| October 20, 2015 | Acquisition of shares |
| Amount of acquired shares: | 12,800 shares (0.013536% of the total equity) |
| Basis for acquisition: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before acquisition: | 48,635 votes (0.051432% of the total number of votes) |
| Amount of votes after acquisition: | 61,435 votes (0.064968% of the total number of votes) |
| October 20, 2015 | Disposal of shares |
| Amount of disposed shares: | 100 shares (0.000106% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 61,435 votes (0.064968% of the total number of votes) |
| Amount of votes after disposal: | 61,335 votes (0.064863% of the total number of votes) |
| October 21, 2015 | Acquisition of shares |
| Amount of acquired shares: | 300 shares (0.000317% of the total equity) |
| Basis for acquisition: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before acquisition: | 61,335 votes (0.064863% of the total number of votes) |
| Amount of votes after acquisition: | 61,635 votes (0.065180% of the total number of votes) |
| October 21, 2015 | Disposal of shares |
| Amount of disposed shares: | 1,000 shares (0.001058% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 61,635 votes (0.065180% of the total number of votes) |
| Amount of votes after disposal: | 60,635 votes (0.064122% of the total number of votes) |
| October 22, 2015 | Disposal of shares |
| Amount of disposed shares: | 297 shares (0.000314% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 60,635 votes (0.064122% of the total number of votes) |
| Amount of votes after disposal: | 60,338 votes (0.063808% of the total number of votes) |
For further information, please contact:
| Timothy Post | Director, Investor RelationsEmail: [email protected]: +7-861-277-4554 x 17600Mobile: +7-961-511-7678Direct Line: +7-861-277-4562 |
| Dina Svishcheva | Deputy Director, Investor RelationsEmail: [email protected]: +7-861-277-45-54 x 15101Mobile: +7-961-511-0202Direct Line: +7-861-277-4562 |
| Media Inquiries | PR and GR [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 September 30, 2015, Magnit operated 29 distribution centers and about 11,400 stores (9,246 convenience, 335 hypermarkets, and 1,807 drogerie stores) in approximately 2,297 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the reviewed IFRS consolidated financial statements 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