22 Sep 2021 10:00
MAGNIT PJSC (MGNT) Magnit launches e-pharmacy in regions 22-Sep-2021 / 12:00 MSK Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
MAGNiT LAUNCHEs E-Pharmacy IN REGIONS
Krasnodar, Russia (September 22, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, started to roll out its service of pharmaceuticals reservation in regions. Magnit's online service now covers about 70 pharmacies in 30 localities throughout the Northwestern Federal District. Magnit's e-pharmacy operates under a "click & collect" model: customers reserve products at a conveniently located Magnit Pharmacy, which they can then pick up and pay for in 30 minutes. The service offers a range of up to 5,000 articles, including pharmaceuticals, medicinal cosmetics, personal hygiene products, baby food, medical devices, and seasonal items. Orders may be made using the Magnit Pharmacy website or the Company's Call Center. Customers can make reservations around the clock, but pickup is available during working hours of the pharmacies. In addition, the customer can browse the formulas and use instructions and get an alert if the product will soon run out of stock. There is no minimum order amount, and orders are picked by pharmacy employees. For reservations collected on the same day, the prices are identical to those in brick-and-mortar pharmacies. The e-pharmacy will have the same price promotions as the brick-and-mortar outlets. The service is now available in Saint Petersburg and Leningrad, Murmansk, Novgorod, Pskov and Tver regions, as well as in the Republic of Karelia. By the end of the year, the project will be rolled out to the entire Magnit Pharmacy geography, which will enable customer to reserve orders at almost 900 of the Company's pharmacies across Russia, including more than 100 pharmacies in Moscow and Moscow region.
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| ISIN: | US55953Q2021 |
| Category Code: | MSCU |
| TIDM: | MGNT |
| LEI Code: | 2534009KKPTVL99W2Y12 |
| OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
| Sequence No.: | 122688 |
| EQS News ID: | 1235148 |
| End of Announcement | EQS News Service |
UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.