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28 Jul 2017 12:39
PJSC MAGNIT - Dividend Payment UpdatePJSC MAGNIT - Dividend Payment Update
PR Newswire
London, July 28
Press-release
Krasnodar
July 28, 2017
PJSC “Magnit” Dividend Payment Update
Krasnodar, Russia (July 28, 2017): Magnit PJSC, one of Russia’s leading retailers (the “Company”; MOEX and LSE: MGNT), announces the payment of dividends.
Please be informed that the Company has made dividend payment on its shares following the results of 2016 reporting year.
| Type of securities: | ordinary registered uncertified shares |
| International Securities Identification Number (ISIN) | RU000A0JKQU8 |
| State registration number of the issue and the date of registration: | 1-01-60525-P as of 04.03.2004 |
| Total amount of dividends accrued on shares following the results of the 2016 reporting year: | 6,374,380,940.55 rubles |
| Amount of dividend accrued on one share following the results of the 2016 reporting year: | 67.41 rubles |
| Total number of the issuer’s securities | 94,561,355 shares |
| Form of yield payment: | monetary funds in the currency of the Russian Federation |
| Dividend record date: | June 23, 2017 |
| Dividend payment date for nominees: | July 7, 2017 |
| Dividend payment date for the other shareholders registered in the shareholder register: | July 28, 2017 |
The Company has effected dividend payment in the amount of 6,374,348,381.52 rubles.
The dividend amount of 32,559.03 rubles which accounts for 0.000511% of the total amount of declared dividends has not been paid due to the absence of the bank account details required for the payment and/or another creditor’s delay.
For further information, please contact:
| Timothy Post | Head of Investor Relations Email: post@magnit.ru Office: +7-861-277-4554 x 17600 |
| Dina Svishcheva | Deputy Director, Investor Relations Email: Chistyak@magnit.ru Office: +7-861-277-4554 x 15101 |
| Media Inquiries | Media Relations Department press@magnit.ru |
Company description:
Public Joint Stock Company “Magnit” is one of Russia's leading retailers. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of June 30, 2017, Magnit operated 35 distribution centers and 14,844 stores (11,114 convenience, 430 hypermarkets and 3,300 drogerie stores) in 2,567 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the unaudited IFRS management accounts for 1H 2017, Magnit had revenues of RUB 555 billion and an EBITDA of RUB 49 billion. Magnit's local shares are traded on the Moscow 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.
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