17 May 2016 15:28
PJSC MAGNIT - Change of SharePJSC MAGNIT - Change of Share
PR Newswire
London, May 17
Press-release
Krasnodar
May 17, 2016
PJSC “Magnit” Announces the Acquisition of Shares by the Entity under the Issuer’s Control
Krasnodar, May 17, 2016: PJSC “Magnit”, Russia’s largest food retailer (the “Company”, the “Issuer”, MICEX and LSE: MGNT), announces the acquisition of shares by 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: | Ordinary registered uncertified voting shares with a state registration No. 1-01-60525-P of 04.03.2004, International Stock Identification Number (ISIN) RU000A0JKQU8 |
| Acquisition of shares | |
| Date of change: | May 12, 2016 |
| Date of the fact being reported to the Issuer: | May 17, 2016 |
| Amount of acquired shares: | 16,324 shares (0.017263% of the total equity) |
| Basis for acquisition: | Sale and Purchase Agreement executed in the trading of MICEX Stock Exchange |
| Amount of votes before acquisition: | 35,361 votes (0.037395% of the total number of votes) |
| Amount of votes after acquisition: | 51,685 votes (0.054658% of the total number of votes) |
| Acquisition of shares | |
| Date of change: | May 13, 2016 |
| Date of the fact being reported to the Issuer: | May 17, 2016 |
| Amount of acquired shares: | 22,327 shares (0.023611% of the total equity) |
| Basis for acquisition: | Sale and Purchase Agreement executed in the trading of MICEX Stock Exchange |
| Amount of votes before acquisition: | 51,685 votes (0.054658% of the total number of votes) |
| Amount of votes after acquisition: | 74,012 votes (0.078269% of the total number of votes) |
For further information, please contact:
| Timothy Post | Head of Investor RelationsEmail: post@magnit.ruOffice: +7-861-277-4554 x 17600Mobile: +7-961-511-7678Direct Line: +7-861-277-4562 |
| Investor Relations Office | MagnitIR@magnit.ruDirect Line: +7-861-277-4562Website: ir.magnit.com/ |
| Media Inquiries | Media Relations Departmentpress@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 March 31, 2016, Magnit operated 34 distribution centers and about 12,434 stores (9,715 convenience, 382 hypermarkets, and 2,337 drogerie stores) in 2,385 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.