8th Apr 2016 14:45
PJSC MAGNIT - Material FactPJSC MAGNIT - Material Fact
PR Newswire
London, April 8
Press-release
Krasnodar
April 8, 2016
PJSC “Magnit” Announces the Change of Share of the Entity under the Issuer’s Control
Krasnodar, April 8, 2016: 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 |
| Acquisition of shares | |
| Date of change: | April 4, 2016 |
| Date of the fact being reported to the Issuer: | April 8, 2016 |
| Amount of acquired shares: | 700 shares (0.000740% of the total equity) |
| Basis for acquisition: | Sale and Purchase Agreement executed in the trading of MICEX Stock Exchange |
| Amount of votes before acquisition: | 33,900 votes (0.035850% of the total number of votes) |
| Amount of votes after acquisition: | 34,600 votes (0.036590% of the total number of votes) |
| Disposal of shares | |
| Date of change: | April 4, 2016 |
| Amount of disposed shares: | 10,172 shares (0.010757% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreement executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 34,600 votes (0.036590% of the total number of votes) |
| Amount of votes after disposal: | 24,428 votes (0.025833% of the total number of votes) |
| Disposal of shares | |
| Date of change: | April 5, 2016 |
| Amount of disposed shares: | 1,515 shares (0.001602% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreement executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 24,428 votes (0.025833% of the total number of votes) |
| Amount of votes after disposal: | 22,913 votes (0.024231% of the total number of votes) |
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:
Magnit is Russia's largest food retailer. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of December 31, 2015, Magnit operated 33 distribution centers and about 12,089 stores (9,594 convenience, 374 hypermarkets, and 2,121 drogerie stores) in 2,361 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the audited IFRS results for 2015, Magnit had revenues of RUB 951 billion and an EBITDA of RUB 104 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