Press Release
Krasnodar
June 21, 2018
PJSC "Magnit" Announces the Decision to Pay Dividends
Krasnodar, Russia (June 21, 2018): Magnit PJSC, one of Russia's leading retailers (the "Company"; MOEX and LSE: MGNT) announces the decision to pay dividends for the 2017 reporting year made by the AGM.
The annual general shareholders meeting, held on June 21, 2018, made the decision to pay dividends on PJSC "Magnit" shares in the total amount of 13,808,988,602.50 rubles, which is 135.50 rubles per ordinary share following the results of the 2017 reporting year.
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Type of securities:
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ordinary registered uncertified shares, International Stock Identification Number (ISIN) RU000A0JKQU8
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State registration number of the securities issue, date of registration:
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1-01-60525-P of March 4, 2004
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Governance body of the Issuer which made the decision to pay dividends:
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General Shareholders Meeting
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Date of the decision to pay dividends:
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June 21, 2018
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Date and the number of the minutes of meeting where the decision to pay dividends was made:
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Minutes w/o No. of 21.06.2018
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Reporting period which the dividend is paid for:
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2017 reporting year
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Total amount of dividends:
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13,808,988,602.50 rubles
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The amount of dividend accrued on one share following the results of 2017 financial year:
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135.50 rubles
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Form of payment:
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monetary funds in the currency of the Russian Federation by bank transfer
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Dividend record date:
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July 06, 2018
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Dividend payment date for nominees:
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July 20, 2018
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Dividend payment date for the other shareholders:
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August 10, 2018
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For further information, please contact:
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Timothy Post
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Head of Investor Relations
Email: post@magnit.ru
Office: +7-861-277-4554 x 17600
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Dina Svishcheva
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Deputy Director, Investor Relations
Email: Chistyak@magnit.ru
Office: +7-861-277-4554 x 15101
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Media Inquiries
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Media Relations Department
press@magnit.ru
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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 March 31, 2018, Magnit operated 37 distribution centers and 16,625 stores (12,283 convenience, 242 hypermarkets, 210 Magnit Family stores and 3,890 drogerie stores) in 2,764 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the audited IFRS results for 2017, Magnit had revenues of RUB 1,143 billion and an EBITDA of RUB 92 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.
