16th Jan 2013 09:24
OJSC MAGNIT - Change of ShareOJSC MAGNIT - Change of Share
PR Newswire
London, January 16
OJSC "Magnit" announces change of share in the charter capital
Krasnodar, January 16, 2013: OJSC "Magnit" (the "Company"; MICEX and LSE: MGNT)announces change of share in the charter capital of OJSC "Magnit" (ordinaryshares stake) owned by Marina Ivanova, the member of the OJSC "Magnit"Management Board, from 0.0063 % to 0.0065%.
Name and position of the MarinaIvanova, the memberof the OJSC "Magnit" person: Management Board Company: Open joint-stock company "Magnit", 15/5, Solnechnaya street, Krasnodar, Russia Share in charter capital 0.0063% before change: Ordinary shares stake 0.0063% before change: Share in charter capital 0.0065% after change: Ordinary shares stake 0.0065% after change: Date of change of share in January15, 2013 the charter capital Date of the fact being January16, 2012 reported:For further information, please contact:
Oleg Goncharov Director, Investor Relations e-mail: [email protected] Tel. in Krasnodar +7 (861) 277-45-54, 210-98-10 ext. 5100 Mob.: +7 (903) 411-40-35 Direct line for investors only: +7 (861) 277-45-62 Dina Svishcheva Manager, 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 reviewed IFRS consolidated financial statements for 1H2012, Magnit recorded consolidated revenues of approximately $6.7 billion USDand a consolidated EBITDA of $671 million USD.
2Related Shares:
MGNT.L