25 Aug 2015 09:30
PJSC MAGNIT - Change of SharePJSC MAGNIT - Change of Share
PR Newswire
London, August 25
Press-release
Krasnodar
August 25, 2015
PJSC “Magnit” Announces the Change of Share of the Entity under the Issuer’s Control
Krasnodar, August 25, 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 |
August 19, 2015 | Acquisition of shares |
Amount of acquired shares: | 5,257 shares (0.005559% of the total equity) |
Basis for acquisition: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
Amount of votes before acquisition: | 54,516 votes (0.057651% of the total number of votes) |
Amount of votes after acquisition: | 59,773 votes (0.063211% of the total number of votes) |
August 19, 2015 | Disposal of shares |
Amount of disposed shares: | 708 shares (0.000749% of the total equity) |
Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
Amount of votes before disposal: | 59,773 votes (0.063211% of the total number of votes) |
Amount of votes after disposal: | 59,065 votes (0.062462% of the total number of votes) |
August 20, 2015 | Disposal of shares |
Amount of disposed shares: | 1,142 shares (0.001208% of the total equity) |
Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
Amount of votes before disposal: | 59,065 votes (0.062462% of the total number of votes) |
Amount of votes after disposal: | 57,923 votes (0.061254% of the total number of votes) |
August 21, 2015 | Acquisition of shares |
Amount of acquired shares: | 3,800 shares (0.004019% of the total equity) |
Basis for acquisition: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
Amount of votes before acquisition: | 57,923 votes (0.061254% of the total number of votes) |
Amount of votes after acquisition: | 61,723 votes (0.065273% of the total number of votes) |
August 21, 2015 | Disposal of shares |
Amount of disposed shares: | 3,709 shares (0.003922% of the total equity) |
Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
Amount of votes before disposal: | 61,723 votes (0.065273% of the total number of votes) |
Amount of votes after disposal: | 58,014 votes (0.061351% 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 unaudited IFRS management accounts 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