17th Jul 2015 15:07
PJSC MAGNIT - Material FactPJSC MAGNIT - Material Fact
PR Newswire
London, July 17
Press-release
Krasnodar
July 17, 2015
PJSC “Magnit” Announces the Change of Share of the Entity under the Issuer’s Control
Krasnodar, July 17, 2015: PJSC “Magnit”, Russia’s largest food retailer (the “Company”, the “Issuer”, MOEX and LSE: MGNT), announces the change of share of the entity which is under the Issuer’s control.
| Full company name and address: | Joint Stock Company “Tander” 185, Levanevskogo street, Krasnodar, Russia |
| Taxpayer Id Number: | 2310031475 |
| Principal State Registration Number: | 1022301598549 |
| Object of acquisition: | voting shares of the Issuer |
| July 10, 2015 | Acquisition of shares |
| Amount of acquired shares: | 9,200 shares (0.009729% of the total equity) |
| Basis for acquisition: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before acquisition: | 74,907 votes (0.079215% of the total number of votes) |
| Amount of votes after acquisition: | 84,107 votes (0.088944% of the total number of votes) |
| July 13, 2015 | Disposal of shares |
| Amount of disposed shares: | 9,073 shares (0.009595% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 84,107 votes (0.088944% of the total number of votes) |
| Amount of votes after disposal: | 75,034 votes (0.079350% of the total number of votes) |
| July 14, 2015 | Disposal of shares |
| Amount of disposed shares: | 11,049 shares (0.011684% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 75,034 votes (0.079350% of the total number of votes) |
| Amount of votes after disposal: | 63,985 votes (0.067665% of the total number of votes) |
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 audited IFRS consolidated financial statements for 2014, Magnit had revenues of RUB 764 billion and an EBITDA of RUB 86 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