1st Oct 2015 12:34
PJSC MAGNIT - Change of SharePJSC MAGNIT - Change of Share
PR Newswire
London, October 1
Press-release
Krasnodar
October 1, 2015
PJSC “Magnit” Announces the Change of Share in the Charter Capital
Krasnodar, October 1, 2015: PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MOEX and LSE: MGNT), announces the change of share in the charter capital of PJSC “Magnit" (ordinary shares stake) owned by Ilya Sattarov, the member of the PJSC “Magnit” Management Board.
| Name and position of the person: | Ilya Sattarov, the member of the PJSC “Magnit” Management Board |
| Company: | Public Joint Stock Company, 15/5, Solnechnaya street, Krasnodar, Russia |
| Date of change of share in the charter capital: | September 23, 2015 |
| Date of the fact being reported: | October 1, 2015 |
| Share in charter capital before change: | 0.002606% |
| Ordinary shares stake before change: | 0.002606% |
| Share in charter capital after change: | 0.002605% |
| Ordinary shares stake after change: | 0.002605% |
| Date of change of share in the charter capital: | September 25, 2015 |
| Date of the fact being reported: | October 1, 2015 |
| Share in charter capital before change: | 0.002605% |
| Ordinary shares stake before change: | 0.002605% |
| Share in charter capital after change: | 0.001939% |
| Ordinary shares stake after change: | 0.001939% |
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 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 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