23rd Nov 2012 13:24
Not for release, publication or distribution in Australia, Canada, Japan or the United States.
These materials are not an offer for sale of securities in the United States.Securities may not be offered or sold in the United States absent registrationwith the United States Securities and Exchange Commission or an exemption fromregistration under the U.S. Securities Act of 1933, as amended. OJSC Magnit hasnot registered and does not intend to register any part of the offering in theUnited States or to conduct a public offering of any securities in the UnitedStates.This document is only being distributed to and is only directed at (i) personswho are outside the United Kingdom or (ii) to investment professionals fallingwithin Article 19(5) of the Financial Services and Markets Act 2000 (FinancialPromotion) Order 2005 (the "Order") or (iii) high net worth companies, andother persons to whom it may lawfully be communicated, falling within Article49(2)(a) to (d) of the Order (all such persons in (i), (ii) and (iii) abovetogether being referred to as "relevant persons"). The securities are onlyavailable to, and any invitation, offer or agreement to subscribe, purchase orotherwise acquire such securities will be engaged in only with, relevantpersons. Any person who is not a relevant person should not act or rely on thisdocument or any of its contents.In any EEA Member State that has implemented Directive 2003/71/EC (suchDirective, together with any applicable implementing measures in the relevanthome Member State under such Directive, the "Prospectus Directive") thiscommunication is only addressed to and is only directed at qualified investorsin that Member State within the meaning of the Prospectus Directive.Securities of OJSC Magnit have not been and will not be registered under theapplicable securities laws of Australia, Canada or Japan and, subject tocertain exceptions, may not be offered or sold within Australia, Canada orJapan or to, or for the account or benefit of, citizens or residents ofAustralia, Canada or Japan except under circumstances which will result in thefull compliance with the applicable laws and regulations promulgated by therelevant regulatory authorities in effect at the relevant time. Press-releaseKrasnodarNovember 23, 2012
OJSC "Magnit" announces the submission of the application for the state registration of the securities issue
Krasnodar, November 23, 2012: OJSC «Magnit» announces the submission of the application for the state registration of the securities issue.
Please be informed that the Company has filed the application for the state registration of the issue of the following securities on November 23, 2012:
Type of securities: Non-convertible interest bearing certified bonds to the bearer with the obligatory centralized custody of 01, 02, 03 series to be placed by means of open subscription suitable for advanced redemption upon request of the holders and at the discretion of the Issuer. Decision to issue securities (bonds of 01, 02, 03 series), approved by the Board of Directors on October 29, 2012 (minutes w/o No. of November 29, 2012) in accordance with the decision to place Non-convertible interest bearing certified bonds to the bearer with the obligatory centralized custody of 01, 02, 03 series, approved by the Board of Directors of OJSC "Magnit" on October 29, 2012 (minutes w/o No. of November 29, 2012). Date of the November 23, 2012 decision: Registering Federal Financial Markets Service authority:
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 groupof entities that operate in the retail trade under the "Magnit" brand. Thechain of "Magnit" stores is one of the leading food retail networks in Russia.As of September 30, 2012 the chain consisted of 5,523 convenience stores, 105hypermarkets, 11 "Magnit Family" stores and 480 cosmetics stores (drogerie) in1,504 locations in the Russian Federation.Approximately two-thirds of the Company'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 September 30, 2012 the Company operated an in-house logistics system consisting of 17 distribution centers, employing automated stock replenishment systems and a fleet of 4,082 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.
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