20th Aug 2015 12:55
PJSC MAGNIT - Change of SharePJSC MAGNIT - Change of Share
PR Newswire
London, August 20
Press-release
Krasnodar
August 20, 2015
PJSC “Magnit” Announces the Change of Share of the Entity under the Issuer’s Control
Krasnodar, August 20, 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 |
| August 12, 2015 | Acquisition of shares |
| Amount of acquired shares: | 3,500 shares (0.003701% of the total equity) |
| Basis for acquisition: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before acquisition: | 47,291 votes (0.050011% of the total number of votes) |
| Amount of votes after acquisition: | 50,791 votes (0.053712% of the total number of votes) |
| August 12, 2015 | Disposal of shares |
| Amount of disposed shares: | 3,461 shares (0.003660% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 50,791 votes (0.053712% of the total number of votes) |
| Amount of votes after disposal: | 47,330 votes (0.050052% of the total number of votes) |
| August 14, 2015 | Acquisition of shares |
| Amount of acquired shares: | 11,301 shares (0.011951% of the total equity) |
| Basis for acquisition: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before acquisition: | 47,330 votes (0.050052% of the total number of votes) |
| Amount of votes after acquisition: | 58,631 votes (0.062003% of the total number of votes) |
| August 17, 2015 | Acquisition of shares |
| Amount of acquired shares: | 2,800 shares (0.002961% of the total equity) |
| Basis for acquisition: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before acquisition: | 58,631 votes (0.062003% of the total number of votes) |
| Amount of votes after acquisition: | 61,431 votes (0.064964% of the total number of votes) |
| August 18, 2015 | Acquisition of shares |
| Amount of acquired shares: | 365 shares (0.000386% of the total equity) |
| Basis for acquisition: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before acquisition: | 61,431 votes (0.064964% of the total number of votes) |
| Amount of votes after acquisition: | 61,796 votes (0.065350% of the total number of votes) |
| August 18, 2015 | Disposal of shares |
| Amount of disposed shares: | 7,280 shares (0.007699% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 61,796 votes (0.065350% of the total number of votes) |
| Amount of votes after disposal: | 54,516 votes (0.057651% 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 |
| 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, 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