13th Jul 2015 13:08
PJSC MAGNIT - Material FactPJSC MAGNIT - Material Fact
PR Newswire
London, July 13
Press-release
Krasnodar
July 13, 2015
PJSC “Magnit” Announces the Change of Share of the Entity under the Issuer’s Control
Krasnodar, July 13, 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 6, 2015 | Acquisition of shares |
| Amount of acquired shares: | 4,196 shares (0.004437% of the total equity) |
| Basis for acquisition: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before acquisition: | 57,369 votes (0.060669% of the total number of votes) |
| Amount of votes after acquisition: | 61,565 votes (0.065106% of the total number of votes) |
| July 7, 2015 | Acquisition of shares |
| Amount of acquired shares: | 821 shares (0.000868% of the total equity) |
| Basis for acquisition: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before acquisition: | 61,565 votes (0.065106% of the total number of votes) |
| Amount of votes after acquisition: | 62,386 votes (0.065974% of the total number of votes) |
| July 8, 2015 | Acquisition of shares |
| Amount of acquired shares: | 114 shares (0.000121% of the total equity) |
| Basis for acquisition: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before acquisition: | 62,386 votes (0.065974% of the total number of votes) |
| Amount of votes after acquisition: | 62,500 votes (0.066095% of the total number of votes) |
| July 8, 2015 | Disposal of shares |
| Amount of disposed shares: | 328 shares (0.000347% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 62,500 votes (0.066095% of the total number of votes) |
| Amount of votes after disposal: | 62,172 votes (0.065748% of the total number of votes) |
| July 9, 2015 | Acquisition of shares |
| Amount of acquired shares: | 13,400 shares (0.014171% of the total equity) |
| Basis for acquisition: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before acquisition: | 62,172 votes (0.065748% of the total number of votes) |
| Amount of votes after acquisition: | 75,572 votes (0.079918% of the total number of votes) |
| July 9, 2015 | Disposal of shares |
| Amount of disposed shares: | 665 shares (0.000703% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 75,572 votes (0.079918% of the total number of votes) |
| Amount of votes after disposal: | 74,907 votes (0.079215% 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