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"Magnit Family" Stores Opening

16 Sep 2016 12:32

PJSC MAGNIT - "Magnit Family" Stores Opening

PJSC MAGNIT - "Magnit Family" Stores Opening

PR Newswire

London, September 16

Press-release

Krasnodar

September 16, 2016

Magnit Announces the Opening of new “Magnit Family” Stores

Krasnodar, September 16, 2016: Magnit PJSC, one of Russia’s leading retailers (the “Company”; MOEX and LSE: MGNT), is pleased to announce the opening of new “Magnit Family” stores.

The 177th “Magnit Family” store is located at Moskovskoye shosse street, Ulyanovsk, Volga federal region. Assortment of the store consists of more than 10 100 SKUs, out of which about 84% are food items. There are 11 cash desks installed in the sales area. The outlet is owned by the Company. The store is open 7 days a week from 9 am to 10 pm.

The 178th “Magnit Family” store is located at 12 Mira street, building 2, Syktyvkar, Republic of Komi, North-Western federal region. Assortment of the store consists of more than 6 500 SKUs, out of which about 88% are food items. There are 13 cash desks installed in the sales area. The outlet is leased by the Company. The store is open 7 days a week from 8 am to 10 pm.

The 179th “Magnit Family” store is located at 60 Druzhby Narodov street, Kogalym, Khanty-Mansiysk autonomous district, Urals federal region (“Galakitika” shopping center). Assortment of the store consists of about 7 600 SKUs, out of which about 88% are food items. There are 11 cash desks installed in the sales area. The outlet is leased by the Company. The store is open 7 days a week from 10 am to 10 pm.

For further information, please contact:

Timothy PostHead of Investor RelationsEmail: post@magnit.ruOffice: +7-861-277-4554 x 17600Mobile: +7-961-511-7678Direct Line: +7-861-277-4562
Investor Relations OfficeMagnitIR@magnit.ruDirect Line: +7-861-277-4562Website: ir.magnit.com/
Media InquiriesMedia Relations Departmentpress@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, 2016, Magnit operated 34 distribution centers and 12,888 stores (9,902 convenience, 398 hypermarkets and 2,588 drogerie stores) in 2,397 cities and towns throughout 7 federal regions of the Russian Federation.

In accordance with the reviewed IFRS consolidated financial statements for 1H 2016, Magnit had revenues of RUB 522 billion and an EBITDA of RUB 52 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.

Date   Source Headline
30th Aug 202210:30 amEQSCancellation of the listing and admission to trading of the GDRs representing PJSC Magnit shares from the London Stock Exchange
19th Aug 20227:00 amEQSMagnit reports 38.2% total sales growth (19.1% adjusted for the Dixy acquisition) and 7.0% EBITDA margin in 1H 2022
19th Aug 20227:00 amEQSMagnit reports 38.2% total sales growth (19.1% adjusted for the Dixy acquisition) and 7.0% EBITDA margin in 1H 2022
18th Aug 20224:00 pmEQSMagnit has notified the Custodian of the need to conduct automatic conversion of its GDRs
18th Aug 20224:00 pmEQSMagnit has notified the Custodian of the need to conduct automatic conversion of its GDRs
28th Jul 20227:00 amEQSMagnit reports 38.7% total sales growth (19.7% adjusted for Dixy acquisition) and 13.1% LFL sales growth in 2Q 2022
28th Jul 20227:00 amEQSMagnit reports 38.7% total sales growth (19.7% adjusted for Dixy acquisition) and 13.1% LFL sales growth in 2Q 2022
18th Jul 20224:00 pmEQSUpdate on amendments of the procedure for conversion of global depositary receipts of PJSC Magnit
18th Jul 20224:00 pmEQSUpdate on amendments of the procedure for conversion of global depositary receipts of PJSC Magnit
13th Jul 20225:00 pmEQSUpcoming delisting of GDRs representing PJSC Magnit shares
13th Jul 20225:00 pmEQSUpcoming delisting of GDRs representing PJSC Magnit shares
1st Jul 20225:55 pmEQSMagnit announces the AGM invalid
1st Jul 20225:55 pmEQSMagnit announces the AGM invalid
27th Jun 20222:27 pmEQSMagnit notifies on the transactions by the person discharging managerial responsibilities
27th Jun 20222:26 pmEQSMagnit notifies on the transactions by the person discharging managerial responsibilities
23rd Jun 20223:45 pmEQSMagnit announces the coupon yield payment
23rd Jun 20223:45 pmEQSMagnit announces the coupon yield payment
22nd Jun 20223:42 pmEQSMagnit notifies on the transactions by the person discharging managerial responsibilities
22nd Jun 20223:42 pmEQSMagnit notifies on the transactions by the person discharging managerial responsibilities
17th Jun 20224:07 pmEQSMagnit notifies on the transactions by the person discharging managerial responsibilities
17th Jun 20224:06 pmEQSMagnit notifies on the transactions by the person discharging managerial responsibilities
15th Jun 20224:10 pmEQSMagnit notifies on the disposal of shares by the entity under the issuer’s control
15th Jun 20224:10 pmEQSMagnit notifies on the disposal of shares by the entity under the issuer’s control
10th Jun 20222:00 pmEQSMagnit notifies on the transactions by the person discharging managerial responsibilities
10th Jun 20221:59 pmEQSMagnit notifies on the transactions by the person discharging managerial responsibilities
9th Jun 20223:15 pmEQSMagnit notifies on the disposal of shares by the entity under the issuer’s control
9th Jun 20223:15 pmEQSMagnit notifies on the disposal of shares by the entity under the issuer’s control
8th Jun 20223:15 pmEQSMagnit notifies on the disposal of shares by the entity under the issuer’s control
8th Jun 20223:15 pmEQSMagnit notifies on the disposal of shares by the entity under the issuer’s control
7th Jun 20224:30 pmEQSMagnit notifies on the transactions by the persons discharging managerial responsibilities
7th Jun 20224:30 pmEQSMagnit notifies on the disposal of shares by the entity under the issuer’s control
1st Jun 20223:30 pmEQSMagnit announces the coupon yield payment
27th May 20229:00 amEQSMagnit announces the results of the Board meeting
20th May 20225:59 pmEQSMagnit notifies JPMorgan Chase Bank, N.A. of termination of the deposit agreement and GDR programme
20th May 20221:00 pmEQSMagnit announces the coupon yield payment
6th May 202212:40 pmEQSMagnit announces the exclusion of its bonds from the “First Level” section of the list of securities admitted to trading at Moscow Exchange due to their redemption
5th May 20225:10 pmEQSMagnit submits an application to continue its GDR Programme
4th May 20223:40 pmEQSMagnit announces payment of the coupon yield and the nominal value of the exchange-traded bonds
29th Apr 20224:50 pmEQSMagnit reports 37.7% total sales growth (18.5% adjusted for Dixy acquisition) and 12.0% LFL sales growth in 1Q 2022
29th Apr 20228:50 amEQSMagnit announces the publication of its 2021 Annual Report
29th Apr 20227:59 amEQSMagnit announces the results of the Board meeting, including the decision to call the AGM and the AGM record date
27th Apr 20221:00 pmEQSMagnit announces the coupon yield payment
26th Apr 20229:55 pmEQSNotification for the holders of the Global Depository Receipts of Magnit
26th Apr 202210:20 amEQSMagnit opens first cosmetics store in Uzbekistan
12th Apr 20221:00 pmEQSMagnit announces staff changes in e-commerce
4th Apr 20224:45 pmEQSS&P Global Ratings withdrew Magnit's credit rating
9th Mar 20222:00 pmEQSMagnit announces the results of the Board meeting
9th Mar 20222:00 pmEQSS&P Global Ratings downgraded Magnit's credit rating to 'CCC-' level after similar action on sovereign
4th Mar 20226:00 amEQSMagnit reports 19.5% total sales growth and 7.2% EBITDA margin in 2021
3rd Mar 20223:10 pmEQSMagnit announces the coupon yield payment

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