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26 Jul 2016 07:36
PJSC MAGNIT - Material FactPJSC MAGNIT - Material Fact
PR Newswire
London, July 26
Press-release
Krasnodar
July 26, 2016
PJSC “Magnit” Announces the Exclusion of its Bonds from the Level 3 of the List of Securities Admitted to Trading at MICEX due to their Advanced Redemption
Krasnodar, July 26, 2016: PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MICEX and LSE: MGNT), announces the exclusion of its bonds from the Level 3 of the List of securities admitted to trading at MICEX.
Please be informed that on July 25, 2016 exchange-traded bonds of the BO-10 series were excluded from the Level 3 of the List of securities admitted to trading at CJSC “MICEX Stock Exchange”, due to their advanced redemption.
| Securities market maker: | Closed Joint Stock Company “MICEX Stock Exchange” |
| Type of securities: | Non-convertible interest-bearing certified exchange-traded bonds to the bearer of the BO-10 series with the obligatory centralized custody, Identification number of the securities issues 4?02-10-60525-? as of 30.07.2013, International Stock Identification Number (ISIN) RU000A0JVMV2 |
For further information. please contact:
| Timothy Post | Head of Investor Relations Email: post@magnit.ru Office: +7-861-277-4554 x 17600 Mobile: +7-961-511-7678 Direct Line: +7-861-277-4562 |
| Investor Relations Office | MagnitIR@magnit.ru Direct Line: +7-861-277-4562 Website: ir.magnit.com/ |
| Media Inquiries | Media Relations 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, 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 unaudited IFRS management accounts 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 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.
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