9 Jan 2018 05:47
MAGNIT PJSC (MGNT) MAGNIT PJSC: PJSC 'Magnit' Announces the Exclusion of its Bonds from the 'Third Level' Section of the List of Securities Admitted to Trading at Moscow Exchange due to their Redemption 09-Jan-2018 / 07:47 CET/CEST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
Press-release Krasnodar January 9, 2018
PJSC "Magnit" Announces the Exclusion of its Bonds from the "Third Level" Section of the List of Securities Admitted to Trading at Moscow Exchange due to their Redemption
Krasnodar, January 9, 2018: PJSC "Magnit", Russia's largest food retailer (the "Company"; MICEX and LSE: MGNT), announces the exclusion of its bonds from the "Third Level" Section of the List of securities admitted to trading at Moscow Exchange.
Please be informed that on December 29, 2017 exchange-traded bonds of the BO-001P-04 series were excluded from the Level 3 of the List of securities admitted to trading at Moscow Exchange, due to their redemption.
For further information, please contact:
Company description: 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 September 30, 2017, Magnit operated 36 distribution centers and 15,697 stores (11,743 convenience, 432 hypermarkets and 3,522 drogerie stores) in 2,664 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the reviewed IFRS consolidated financial statements for 1H 2017, Magnit had revenues of RUB 555 billion and an EBITDA of RUB 49 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. Measured by market capitalization, Magnit is one of the largest retailers in Europe.
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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.: | 5081 |
| End of Announcement | EQS News Service |
643787 09-Jan-2018
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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