11 Jan 2016 13:58
PJSC MAGNIT - Change of SharePJSC MAGNIT - Change of Share
PR Newswire
London, January 11
Press-release
Krasnodar
January 11, 2016
PJSC “Magnit” Announces the Change of Share of the Entity under the Issuer’s Control
Krasnodar, January 11, 2016: PJSC “Magnit”, Russia’s largest food retailer (the “Company”, the “Issuer”, MOEX and LSE: MGNT), announces the change of share of the entity which is under the Issuer’s control.
| Full company name and address: | Joint Stock Company “Tander”185, Levanevskogo street, Krasnodar, Russia |
| Taxpayer Id Number: | 2310031475 |
| Principal State Registration Number: | 1022301598549 |
| Object of acquisition: | voting shares of the Issuer |
| January 4, 2016 | Disposal of shares |
| Amount of disposed shares: | 12,752 shares (0.013485% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 46,218 votes (0.048876% of the total number of votes) |
| Amount of votes after disposal: | 33,466 votes (0.035391% of the total number of votes) |
| January 5, 2016 | Acquisition of shares |
| Amount of acquired shares: | 1 share (0.000001% of the total equity) |
| Basis for acquisition: | Sale and Purchase Agreement executed in the trading of MICEX Stock Exchange |
| Amount of votes before acquisition: | 33,466 votes (0.035391% of the total number of votes) |
| Amount of votes after acquisition: | 33,467 votes (0.035392% of the total number of votes) |
| January 5, 2016 | Disposal of shares |
| Amount of disposed shares: | 1,790 shares (0.001893% of the total equity) |
| Basis for disposal: | Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange |
| Amount of votes before disposal: | 33,467 votes (0.035392% of the total number of votes) |
| Amount of votes after disposal: | 31,677 votes (0.033499% of the total number of votes) |
For further information, please contact:
| Timothy Post | Head of Investor RelationsEmail: post@magnit.ruOffice: +7-861-277-4554 x 17600Mobile: +7-961-511-7678Direct Line: +7-861-277-4562 |
| Investor Relations Office | MagnitIR@magnit.ruDirect Line: +7-861-277-4562Website: ir.magnit.com/ |
| Media Inquiries | Media Relations Departmentpress@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 September 30, 2015, Magnit operated 29 distribution centers and about 11,400 stores (9,246 convenience, 335 hypermarkets, and 1,807 drogerie stores) in 2,297 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the reviewed IFRS consolidated financial statements for 1H 2015, Magnit had revenues of RUB 455 billion and an EBITDA of RUB 49 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.
MGNT.L (MGNT)