9 Jul 2015 15:06
PJSC MAGNIT - Change of Share (BoD and Management Board Members)PJSC MAGNIT - Change of Share (BoD and Management Board Members)
PR Newswire
London, July 9
Press-release
Krasnodar
July 9, 2015
PJSC “Magnit” Announces the Change of Share of the BoD Members and the Members of the Management Board in the Charter Capital
Krasnodar, July 9, 2015: PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MOEX and LSE: MGNT), announces the change of share of the BoD members and the members of the Management Board in the charter capital.
On July 9, 2015 the Company was notified of the following changes of share of the BoD members and the members of the Management Board in its charter capital (date of change: July 1, 2015).
Name and position | Share in the charter capital before change | Share of the ordinary shares before change | Share in the charter capital after change | Share of the ordinary shares after change |
Marina Ivanova Member of the Management Board | 0,003124% | 0,003124% | 0,004012% | 0,004012% |
Andrey Arutyunyan BoD member | 0,211647% | 0,211647% | 0,212535% | 0,212535% |
Khachatur Pombukhchan Chairman of the BoD | 0,002617% | 0,002617% | 0,003506% | 0,003506% |
Ilya Sattarov Member of the Management Board | 0,004288% | 0,004288% | 0,005177% | 0,005177% |
Aslan Shkhachemukov BoD Member | 0,007734% | 0,007734% | 0,008622% | 0,008622% |
Alexander Barsukov member of the Management Board | 0,0% | 0,0% | 0,000888% | 0,000888% |
For further information, please contact:
Timothy Post | Director, Investor Relations Email: post@magnit.ru 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: Chistyak@magnit.ru 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.