PJSC 'Magnit'

  • ISIN: US55953Q2021
  • Land: Russland

Nachricht vom 12.01.2018 | 12:33

Magnit Announces the Change of Share by the Entity under the Issuer's Control

MAGNIT PJSC (MGNT)

12-Jan-2018 / 12:33 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 12, 2018

 

Magnit Announces the Change of Share by the Entity under the Issuer's Control

 

Krasnodar, Russia (January 12, 2018): Magnit PJSC, one of Russia's leading retailers (the "Company", the "Issuer", MOEX and LSE: MGNT), announces the change of share by 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 disposal:

Ordinary registered uncertified voting shares with a state registration No. 1-01-60525-P of 04.03.2004, International Securities Identification Number (ISIN) RU000A0JKQU8

Disposal of shares

 

Date of change:

January 11, 2018

Amount of disposed shares:

730,000 shares (0.771986% of the total equity)

Basis for disposal:

Securities transfer agreement

Amount of votes before disposal:

730,000 votes (0.771986% of the total number of votes)

Amount of votes after disposal:

0 votes (0% of the total number of votes)

 

 

 


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

Joint Stock Company «Tander» (JSC «Tander»)

2

Reason for the notification

а)

Position/status

Notification concerns a person closely associated with a person discharging managerial responsibilities: Fedotov Denis  (CEO of JSC «Tander»)

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer

а)

Name

Public Joint Stock Company "Magnit"

b)

LEI

2534009KKPTVL99W2Y12

4

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

Return of shares under Security transfer agreement

c)

Price(s) and volume(s)

Price (RUB)

volume

0

730 000

 

d)

Aggregated information

- Aggregated volume

- Price

Price (RUB)

Aggregated volume

0

730 000

 

e)

Date of the transaction

January 11, 2018

 

f)

Place of the transaction

outside a trading venue

 

 

 


For further information, please contact:

 

Timothy Post

Head of Investor Relations

Email: post@magnit.ru

Office: +7-861-277-4554 x 17600

 

Dina Svishcheva

Deputy Director, Investor Relations

Email: Chistyak@magnit.ru

Office: +7-861-277-4554 x 15101

 

Media Inquiries

Media Relations Department

press@magnit.ru

 

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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