12th Dec 2012 13:48
OJSC MAGNIT - Material FactOJSC MAGNIT - Material Fact
PR Newswire
London, December 12
OJSC "Magnit" announces the acquisition of shares by the entity under the issuer'scontrol
Krasnodar, December 12, 2012: OJSC "Magnit" (the "Company", the "Issuer", MICEXand LSE: MGNT) announces the acquisition of shares by the entity which is underIssuer's control.Full company name and joint-stock company "Tander" address: 185, Levanevskogo street, Krasnodar, Russia Taxpayer Id Number: 2310031475 Principal State 1022301598549 Registration Number: Object of acquisition: voting shares of the IssuerAmount of acquired shares: 16,591 shares (0.0175% of the total equity)
Basis for acquisition: Securities Purchase Agreements executed in the organized trading of MICEX Stock Exchange; Securities Purchase Agreement №11/12/12-AK1 of 11 .12.2012 Amount of votes before 138,003 votes (0.1459% of the total number of votes) acquisition: Amount of votes after 154,594 votes (0.1634% of the total number of votes) acquisition: Date of acquisition December 11, 2012For 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:Headquartered in the southern Russia city of Krasnodar, Magnit (LSE and MICEX:MGNT) is the holding company for a group of entities that operate in the retailtrade under the "Magnit" brand. The chain of "Magnit" stores is one of theleading food retail networks in Russia. As of September 30, 2012 the chainconsisted of 5,523 convenience stores, 105 hypermarkets, 11 "Magnit Family"stores and 480 cosmetics stores (drogerie) in 1,504 cities and towns throughoutthe Russian Federation.
Approximately two-thirds of the Magnit'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 Magnit operated an in-house logistics systemconsisting of 17 distribution centers, employing automated stock replenishmentsystems and a fleet of 4,082 vehicles.
In accordance with the reviewed IFRS consolidated financial statements for 1H2012, the Magnit recorded consolidated revenues of approximately $6.7 billionUSD and a consolidated EBITDA of $671 million USD.
Related Shares:
MGNT.L