Press Release | Krasnodar | May 14, 2020
PJSC Magnit notifies on the transactions by persons discharging managerial responsibilities and persons closely associated with them
Krasnodar, Russia (May 14, 2020): 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 the members of the Management Board Dei Maria Viktorovna, Zhavoronkova Elena Yurievna, Melnikov Evgeny Viktorovich, Milinova Elena Mikhailovna, Sorokin Vladimir Leonidovich.
On May 14, 2020 the Company was notified on the following changes:
| Name of the member of the Management Board | 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 |
| Dei Maria Viktorovna | May 13, 2020 | 0.001617% | 0.001617% | 0.003234% | 0.003234% |
| Zhavoronkova Elena Yurievna | May 13, 2020 | 0.003089% | 0.003089% | 0.004706% | 0.004706% |
| Melnikov Evgeny Viktorovich | May 13, 2020 | 0.001617% | 0.001617% | 0.003234% | 0.003234% |
| Milinova Elena Mikhailovna | May 13, 2020 | 0.007068% | 0.007068% | 0.013537% | 0.013537% |
| Sorokin Vladimir Leonidovich | May 13, 2020 | 0.019845% | 0.019845% | 0.036018% | 0.036018% |
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 | Dei Maria Viktorovna |
| 2 | Reason for the notification |
| а) | Position/status | member of the PJSC "Magnit" collective executive body (Management Board) |
| b) | Initial notification/ Amendment | Initial notification |
| 3 | Details of the issuer |
| а) | Name | Public Joint Stock Company "Magnit" |
| b) | 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 |
| b) | 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". |
| c) | Price(s) and volume(s) | |
| d) | Aggregated information - Aggregated volume - Price | | Price | Aggregated volume | | 3,690 | 1,648 |
|
| e) | Date of the transaction execution | May 13, 2020 |
| f) | Place of the transaction | outside a trading venue |
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 | Zhavoronkova Elena Yurievna |
| 2 | Reason for the notification |
| а) | Position/status | member of the PJSC "Magnit" collective executive body (Management Board) |
| b) | Initial notification/ Amendment | Initial notification |
| 3 | Details of the issuer |
| а) | Name | Public Joint Stock Company "Magnit" |
| b) | 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 |
| b) | 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". |
| c) | Price(s) and volume(s) | |
| d) | Aggregated information - Aggregated volume - Price | | Price | Aggregated volume | | 3,690 | 1,648 |
|
| e) | Date of the transaction execution | May 13, 2020 |
| f) | Place of the transaction | outside a trading venue |
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) |
| b) | Initial notification/ Amendment | Initial notification |
| 3 | Details of the issuer |
| а) | Name | Public Joint Stock Company "Magnit" |
| b) | 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 |
| b) | 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". |
| c) | Price(s) and volume(s) | |
| d) | Aggregated information - Aggregated volume - Price | | Price | Aggregated volume | | 3,690 | 1,648 |
|
| e) | Date of the transaction execution | May 13, 2020 |
| f) | Place of the transaction | outside a trading venue |
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 | Milinova Elena Mikhailovna |
| 2 | Reason for the notification |
| а) | Position/status | member of the PJSC "Magnit" collective executive body (Management Board) |
| b) | Initial notification/ Amendment | Initial notification |
| 3 | Details of the issuer |
| а) | Name | Public Joint Stock Company "Magnit" |
| b) | 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 |
| b) | 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". |
| c) | Price(s) and volume(s) | |
| d) | Aggregated information - Aggregated volume - Price | | Price | Aggregated volume | | 3,690 | 6,593 |
|
| e) | Date of the transaction execution | May 13, 2020 |
| f) | Place of the transaction | outside a trading venue |
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 | Sorokin Vladimir Leonidovich |
| 2 | Reason for the notification |
| а) | Position/status | member of the PJSC "Magnit" collective executive body (Management Board) |
| b) | Initial notification/ Amendment | Initial notification |
| 3 | Details of the issuer |
| а) | Name | Public Joint Stock Company "Magnit" |
| b) | 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 |
| b) | 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". |
| c) | Price(s) and volume(s) | | Price | volume | | 3,690 | 16,482 |
|
| d) | Aggregated information - Aggregated volume - Price | | Price | Aggregated volume | | 3,690 | 16,482 |
|
| e) | Date of the transaction execution | May 13, 2020 |
| f) | Place of the transaction | outside a trading venue |
For further information, please contact:
Dmitry Kovalenko
Director for Investor Relations
Email: dmitry_kovalenko@magnit.ru
Office: +7 (861) 210-48-80
Dina Chistyak
Director for Investor Relations
Email: dina_chistyak@magnit.ru
Office: +7 (861) 210-9810 x 15101
Media Inquiries
Email: press@magnit.ru
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, 2020, Magnit operated 38 distribution centres and 20,860 stores (14,594 convenience, 472 supermarkets and 5,794 drogerie stores) in 3,718 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the audited IFRS results for FY 2019, Magnit had revenues of RUB 1,369 billion and an EBITDA of RUB 147 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.
