14 Sep 2015 14:32
PJSC MAGNIT - Change of SharePJSC MAGNIT - Change of Share
PR Newswire
London, September 14
Press-release
Krasnodar
September 14, 2015
PJSC “Magnit” Announces the Change of Share of the Entity under the Issuer’s Control
Krasnodar, September 14, 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 |
September 9, 2015 | Disposal of shares |
Amount of disposed shares: | 2,300 shares (0.002432% of the total equity) |
Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
Amount of votes before disposal: | 61,846 votes (0.065403% of the total number of votes) |
Amount of votes after disposal: | 59,546 votes (0.062971% of the total number of votes) |
September 10, 2015 | Acquisition of shares |
Amount of acquired shares: | 258 shares (0.000273% of the total equity) |
Basis for acquisition: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
Amount of votes before acquisition: | 59,546 votes (0.062971% of the total number of votes) |
Amount of votes after acquisition: | 59,804 votes (0.063244% of the total number of votes) |
September 10, 2015 | Disposal of shares |
Amount of disposed shares: | 5,126 shares (0.005421% of the total equity) |
Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
Amount of votes before disposal: | 59,804 votes (0.063244% of the total number of votes) |
Amount of votes after disposal: | 54,678 votes (0.057823% of the total number of votes) |
September 11, 2015 | Acquisition of shares |
Amount of acquired shares: | 7,900 shares (0.008354% of the total equity) |
Basis for acquisition: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
Amount of votes before acquisition: | 54,678 votes (0.057823% of the total number of votes) |
Amount of votes after acquisition: | 62,578 votes (0.066177% of the total number of votes) |
September 11, 2015 | Disposal of shares |
Amount of disposed shares: | 200 shares (0.000212% of the total equity) |
Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
Amount of votes before disposal: | 62,578 votes (0.066177% of the total number of votes) |
Amount of votes after disposal: | 62,378 votes (0.065966% of the total number of votes) |
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 |
Media Inquiries | PR and GR Department press@magnit.ru |
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 reviewed IFRS consolidated financial statements for 1H 2015. Magnit had revenues of RUB 455 billion and an EBITDA of RUB 49 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.