7th Sep 2011 07:00
Press-release
Krasnodar
September 7, 2011
OJSC "Magnit": announces the date of the list of holders of securities
Krasnodar, September 7, 2011: OJSC "Magnit" (the "Company", the "Issuer", RTS, MICEX and LSE: MGNT) announces the date of the list of holders of securities for the purpose of execution of rights fixed by such securities.
Type of securities | non-convertible interest-bearing exchange-traded bonds to the bearer with the obligatory centralized custody of BO-01/BO-02/BO-03/BO-04 series |
Identification code and date of its assignment to the issue: | № 4B02-01-60525-P / 4B02-02-60525-P / 4B02-03-60525-P / 4B02-04-60525-P as of 02.02.2010. |
Rights fixed by the certified securities to the bearer with the obligatory centralized custody | right to receive interest of the nominal value of exchange-traded bond (coupon yield) |
Date on which the list of holders of the certified securities to the bearer with the obligatory centralized custody is made | September 6, 2011 |
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:
Based in Krasnodar, in the Southern region of Russia, Open Joint Stock Company "Magnit" is the holding company for a group of entities that operate in the retail trade under the "Magnit" brand. The chain of "Magnit" stores is one of the leading food retail networks in Russia. As of June 30, 2011 the chain consisted of 4,366 convenience stores, 66 hypermarkets and 28 cosmetics stores (drogerie) in 1,286 locations in the Russian Federation.
Approximately two-thirds of the Company's stores are located in cities with a population of less than 500,000 inhabitants. Most of its stores are located in the Southern, North-Caucasian, Central and Volga regions. The Company also operates stores in the North-Western, Urals and Siberian regions.
As of June 30, 2011 the Company operated an in-house logistics system consisting of 12 distribution centers, employing automated stock replenishment systems and a fleet of 3,454 vehicles.
In accordance with the unaudited IFRS consolidated financial statements for 1H 2011, the Company recorded consolidated revenue of approximately US$5,471 million and consolidated EBITDA of around US$359 million.
Related Shares:
MGNT.L