4th Apr 2017 16:12
PJSC MAGNIT - List of Affiliated PersonsPJSC MAGNIT - List of Affiliated Persons
PR Newswire
London, April 4
Press Release
Krasnodar
April 4, 2017
Magnit Has Published the List of Affiliated Persons as of 31.03.2017
Krasnodar, Russia (April 4, 2017): Magnit PJSC, one of Russia’s leading retailers (the “Company”; MOEX and LSE: MGNT), announces the publication of the list of affiliated persons as of 31.03.2017.
Please be informed that today PJSC “Magnit” has published the list of affiliated persons as of 31.03.2017.
The list can be found on the Company’s website http://www.ir.magnit.com/ and on http://www.e-disclosure.ru/portal/company.aspx?id=7671
For further information, please contact:
| Timothy Post | Head of Investor RelationsEmail: [email protected]: +7-861-277-4554 x 17600Mobile: +7-961-511-7678Direct Line: +7-861-277-4562 |
| Investor Relations Office | [email protected] Line: +7-861-277-4562Website: ir.magnit.com/ |
| Media Inquiries | Media Relations [email protected] |
Company description:
Public Joint Stock Company “Magnit” is one of Russia's leading retailers. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of December 31, 2016, Magnit operated 35 distribution centers and 14,059 stores (10,521 convenience, 431 hypermarkets and 3,107 drogerie stores) in 2,494 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the audited IFRS results for 2016, Magnit had revenues of RUB 1,075 billion and an EBITDA of RUB 108 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