24th Jul 2015 14:00
PJSC MAGNIT - Dividend Payment UpdatePJSC MAGNIT - Dividend Payment Update
PR Newswire
London, July 24
Press-release
Krasnodar
July 24, 2015
PJSC “Magnit” Dividend Payment Update
Krasnodar, July 24, 2015: PJSC “Magnit”, Russia’s largest food retailer (the “Company”, “Issuer”; MOEX and LSE: MGNT), announces the payment of dividends.
Please be informed that the Company has made dividend payment on its shares following the results of 2014 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 2014 financial year: | 12,535,998,832.35rubles |
| Amount of dividend accrued on one share following the results of 2014 financial year: | 132.57 rubles |
| Total number of the issuer’s securities | 94,561,355 shares |
| Form of yield payment: | monetary funds in the currency of the Russian Federation by bank transfer |
| Dividend record date: | June 19, 2015 |
| Dividend payment date for nominees: | July 3, 2015 |
| Dividend payment date for the other shareholders registered in the shareholder register: | July 24, 2015 |
The Company has effected dividend payment in the amount of 12,535,983,454.23 rubles.
The outstanding dividend amount is 15,378.12 rubles which represents 0.000112% of the total amount of the announced dividends. Nonpayment is due to the absence of the bank account details required for the payment.
For further information, please contact:
| Timothy Post | Director, Investor Relations Email: [email protected] Office: +7-861-277-4554 x 17600 Mobile: +7-961-511-7678 Direct Line: +7-861-277-4562 |
| Dina Svishcheva | Deputy Director, Investor Relations Email: [email protected] Office: +7-861-277-45-54 x 15101 Mobile: +7-961-511-0202 Direct Line: +7-861-277-4562 |
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 unaudited IFRS management accounts 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