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PJSC 'Magnit' notifies on the transactions by persons discharging managerial responsibilities and persons closely associated with them

29 May 2019 07:42

MAGNIT PJSC (MGNT) PJSC 'Magnit' notifies on the transactions by persons discharging managerial responsibilities and persons closely associated with them 29-May-2019 / 09:42 MSK Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.


Press Release | Krasnodar | May 29, 2019

 

PJSC "Magnit" notifies on the transactions by persons discharging managerial responsibilities and persons closely associated with them

 

Krasnodar, Russia (May 29, 2019): Magnit PJSC (MOEX and LSE: MGNT), one of Russia's leading retailers announces the change of stake of ordinary shares in the charter capital of PJSC "Magnit" owned by Melnikov Evgeny Viktorovich, the member of the Management Board of PJSC "Magnit".

On May 28, 2019 the Company was notified on the following change of share of Melnikov Evgeny Viktorovich in the charter capital.

Date of change

Share in the charter capital before change

Ordinary shares stake before change

Share in the charter capital after change

Ordinary shares stake after change

May 27, 2019

0%

0%

0.001617%

0.001617%

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

Details of the person discharging managerial responsibilities/person closely associated

а)

Name

Melnikov Evgeny Viktorovich

2

Reason for the notification

а)

Position/status

member of the PJSC "Magnit" collective executive body (Management Board)

б)

Initial notification/ Amendment

Initial notification

3

Details of the issuer

а)

Name

Public Joint Stock Company "Magnit"

б)

LEI

2534009KKPTVL99W2Y12

4.1

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

а)

Description of the financial instrument, type of instrument Identification code

Share

ISIN RU000A0JKQU8

б)

Nature of the transaction

Acquisition of PJSC "Magnit" shares under the Shares Purchase Agreement executed with JSC "Tander" pursuant to Long-Term Remuneration Program for key employees of JSC "Tander" and PJSC "Magnit".

в)

Price(s) and volume(s)

Price

volume

3,659

1,648

 

г)

 

Aggregated information

 - Aggregated volume

 - Price

Price

Aggregated volume

3,659

1,648

 

д)

Date of the transaction

May 27, 2019

е)

Place of the transaction

outside a trading venue

 

For further information, please contact:

 

Dmitry Kovalenko   Dina Chistyak   

Director for Investor Relations  Director for Investor Relations 

Email: dmitry_kovalenko@magnit.ru  Email: dina_chistyak@magnit.ru 

Office: +7 (861) 210-48-80   Office: +7 (861) 210-9810 x 15101

 

Note to editors:

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 March 31, 2019, Magnit operated 38 distribution centres and 19,223 stores (13,909 convenience, 467 supermarkets and 4,847 drogerie stores) in 3,077 cities and towns throughout 7 federal regions of the Russian Federation.

In accordance with the audited IFRS results for 2018, Magnit had revenues of RUB 1,237 billion and an EBITDA of RUB 90 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.

 


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.:8850
EQS News ID:816985
 
End of AnnouncementEQS 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.

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