Press-release
Krasnodar
January 22, 2016
PJSC "Magnit" Announces the Change of Share of the Entity under the Issuer's
Control
Krasnodar, January 22, 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 Joint Stock Company "Tander"
address: 185, Levanevskogo street, Krasnodar, Russia
Taxpayer Id Number: 2310031475
Principal State Registration 1022301598549
Number:
Object of acquisition: voting shares of the Issuer
January 18, 2016 Acquisition of shares
Amount of acquired shares: 5,731 shares (0.006061% of the total equity)
Basis for acquisition: Sale and Purchase Agreements executed in the trading of
MICEX Stock Exchange
Amount of votes before 31,677 votes (0.033499% of the total number of votes)
acquisition:
Amount of votes after 37,408 votes (0.039560% of the total number of votes)
acquisition:
For further information, please contact:
Timothy Post Head of Investor Relations
Email: post@magnit.ru
Office: +7-861-277-4554 x 17600
Mobile: +7-961-511-7678
Direct Line: +7-861-277-4562
Investor Relations Office MagnitIR@magnit.ru
Direct Line: +7-861-277-4562
Website: ir.magnit.com/
Media Inquiries Media Relations Department
press@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 December 31,
2015, Magnit operated 33 distribution centers and about 12,089 stores (9,594
convenience, 374 hypermarkets, and 2,121 drogerie stores) in 2,361 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.