25th Aug 2016 14:49
PJSC MAGNIT - Change of SharePJSC MAGNIT - Change of Share
PR Newswire
London, August 25
Press-release
Krasnodar
August 25, 2016
PJSC “Magnit” Announces the Acquisition of Shares by the Entity under the Issuer’s Control
Krasnodar, August 25, 2016: Public Joint Stock Company “Magnit”, Russia’s largest food retailer (the “Company”, the “Issuer”, MOEX and LSE: MGNT), announces the acquisition 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 acquisition: | Ordinary registered uncertified voting shares with a state registration No. 1-01-60525-P of 04.03.2004, International Securities Identification Number (ISIN) RU000A0JKQU8 |
| Acquisition of shares | |
| Date of change: | August 22, 2016 |
| Date of the fact being reported to the Issuer: | August 25, 2016 |
| Amount of acquired shares: | 3,063 shares (0.003239% of the total equity) |
| Basis for acquisition: | Sale and Purchase Agreement executed in the trading of CJSC MICEX Stock Exchange |
| Amount of votes before acquisition: | 8,776 votes (0.009281% of the total number of votes) |
| Amount of votes after acquisition: | 11,839 votes (0.012520% of the total number of votes) |
| Acquisition of shares | |
| Date of change: | August 23, 2016 |
| Date of the fact being reported to the Issuer: | August 25, 2016 |
| Amount of acquired shares: | 2,400 shares (0.002538% of the total equity) |
| Basis for acquisition: | Sale and Purchase Agreement executed in the trading of CJSC MICEX Stock Exchange |
| Amount of votes before acquisition: | 11,839 votes (0.012520% of the total number of votes) |
| Amount of votes after acquisition: | 14,239 votes (0.015058% of the total number of votes) |
For further information, please contact:
| Timothy Post | Head of Investor Relations Email: [email protected] Office: +7-861-277-4554 x 17600 Mobile: +7-961-511-7678 Direct Line: +7-861-277-4562 |
| Investor Relations Office | [email protected] Direct Line: +7-861-277-4562 Website: ir.magnit.com/ |
| Media Inquiries | Media Relations Department [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 June 30, 2016, Magnit operated 34 distribution centers and 12,888 stores (9,902 convenience, 398 hypermarkets and 2,588 drogerie stores) in 2,397 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the reviewed IFRS consolidated financial statements for 1H 2016, Magnit had revenues of RUB 522 billion and an EBITDA of RUB 52 billion. Magnit's local shares are traded on the Moscow 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