Press-release
Krasnodar
January 23, 2014
OJSC "Magnit" Announces Change of Share in the Charter Capital
Krasnodar, January 23, 2014: OJSC "Magnit", Russia's largest retailer (the
"Company"; MICEX and LSE: MGNT), announces change of share in the charter
capital of OJSC "Magnit" (ordinary shares stake) owned by Khachatur
Pombukhchan, the chairman of OJSC "Magnit" Board of Directors, and Marina
Ivanova, the member of the OJSC "Magnit" Management Board.
Name and position of the Khachatur Pombukhchan, the chairman of OJSC "Magnit"
person: Board of Directors
Company: Open joint-stock company "Magnit", 15/5, Solnechnaya
street, Krasnodar, Russia
Share in charter capital 0,0028%
before change:
Ordinary shares stake 0.0028%
before change:
Share in charter capital 0.0029%
after change:
Ordinary shares stake 0.0029%
after change:
Date of change of share in January21, 2014
the charter capital:
Date of the fact being January 23, 2014
reported:
Name and position of the Marina Ivanova, the member of the OJSC "Magnit"
person: Management Board
Company: Open joint-stock company "Magnit", 15/5,
Solnechnaya street, Krasnodar, Russia
Share in charter capital 0.0084%
before change:
Ordinary shares stake 0.0084%
before change:
Share in charter capital 0.00843%
after change:
Ordinary shares stake after 0.00843%
change:
Date of change of share in January 22, 2014
the charter capital:
Date of the fact being January 23, 2014
reported:
For further information, please contact:
Timothy Post Director, Investor Relations
Email: post@gw.tander.ru
Office: +7-861-277-4554 x7600
Mobile: +7-961-511-7678
Direct Line: +7-861-277-4562
Dina Svishcheva Deputy Director, Investor Relations
Email: Chistyak@gw.tander.ru
Office: +7-861-277-45-54 x5101
Mobile: +7-961-511-0202
Direct Line: +7-861-277-4562
Company description:
Magnit is Russia's largest retailer. Founded in 1994, the company is
headquartered in the southern Russian city of Krasnodar. As of December 31,
2013, Magnit operated 22 distribution centers and over 8,000 stores (7,200
convenience, 207 hypermarkets, and 686 cosmetics) in more than 1,868 cities and
towns throughout 7 federal regions of the Russian Federation.
In accordance with its reviewed IFRS consolidated financial statements, Magnit
had 1H 2013 revenues of $8.7 billion USD and an EBITDA of $890 million USD.
Magnit's local shares are traded on the Moscow Stock Exchange (MICEX: 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 now
Europe's 2nd largest food retailer.