28th Aug 2012 07:00
Press-release
Krasnodar
August 27, 2012
OJSC "Magnit": dividend payment update
Dear Ladies and Gentlemen!
We are pleased to inform you that the Company has made dividend payment on its shares following the results of 2011 and the 1st quarter of 2012 financial year.
Type of securities: | ordinary registered shares |
State registration number of the issue: | 1-01-60525-P as of 04.03.2004 |
Total amount of dividends accrued on shares following the results of 2011: | 1,726,690,342.30 rubles |
Amount of dividend accrued on one share following the results of 2010: | 18.26 rubles |
Total amount of dividends accrued on shares following the results of the 1st quarter of 2012: | 489,827,818.90 rubles |
Amount of dividend accrued on one share following the results of the 1st quarter of 2012: | 5.18 rubles |
Payment due date: | July 27, 2012 |
The Company has effected payment of dividends in the amount of 2,216,515,324.96 rubles, out of which 298.16 rubles were returned as of 27.08.2012 to the account of the Company due to the incorrect bank details provided by shareholders.
The outstanding dividend amount is 2,836.24 rubles which represents 0.000128% of the total amount of the announced dividends. Nonpayment is due to the shareholders' failure to submit the information required for the payment.
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" (LSE and MICEX: MGNT, S&P: "BB-") 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, 2012 the chain consisted of 5,268 convenience stores, 98 hypermarkets, 5 "Magnit Family" stores and 351 cosmetics stores (drogerie) in 1,461 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, 2012 the Company operated an in-house logistics system consisting of 16 distribution centers, employing automated stock replenishment systems and a fleet of 4,070 vehicles.
In accordance with the reviewed IFRS consolidated financial statements for 1H 2012, the Company recorded consolidated revenue of approximately US$ 6,776 million and consolidated EBITDA of around US$ 671 million.
Related Shares:
MGNT.L