22nd Jan 2013 07:41
OJSC MAGNIT - Change of ShareOJSC MAGNIT - Change of Share
PR Newswire
London, January 22
OJSC "Magnit" Announces Change of Share in the Charter Capital
Krasnodar, January 22, 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 0.0065 % to 0.00656%.
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 0.0065% before change: Ordinary shares stake 0.0065% before change: Share in charter capital 0.00656% after change: Ordinary shares stake 0.00656% after change: Date of change of share in January21, 2013 the charter capital Date of the fact being January22, 2013 reported:For further information, please contact:
Timothy Post Director, Investor Relations e-mail: [email protected] Tel. in Krasnodar +7 (861) 277-45-54, 210-98-10 ext. 7600 Mob.: +7 (961) 508-06-61 Direct line for investors only: +7 (861) 277-45-62 Dina Svishcheva Deputy Director, 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 unaudited IFRS management accounts for 2012, Magnitrecorded consolidated revenues of approximately $14,430 billion USD and aconsolidated EBITDA of $1,524 million USD.
2Related Shares:
MGNT.L