Press Release | Krasnodar | June 14, 2019

 

PJSC "Magnit" notifies on the Change of Share by the Entity under the Issuer's Control

 

Krasnodar, Russia (June 14, 2019): Magnit PJSC (MOEX and LSE: MGNT), one of Russia's leading retailers 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:	June 13, 2019
Amount of disposed shares:	1,051 shares (0.001031% of the total equity)
Basis for disposal:	Shares Purchase Agreements executed with the participants of Long-Term Remuneration Program for key employees of JSC "Tander" and PJSC "Magnit".
Amount of votes before disposal:	4,362,323 votes (4.280507% of the total number of votes)
Amount of votes after disposal:	4,361,272 votes (4.279476% of the total number of votes)

 

 

For further information, please contact:

 

Dmitry Kovalenko

Director for Investor Relations

Email: dmitry_kovalenko@magnit.ru

Office: +7 (861) 210-48-80

 

Dina Chistyak

Director for Investor Relations

Email: dina_chistyak@magnit.ru

Office: +7 (861) 210-9810 x 15101

 

Media Inquiries

Media Relations Department

Email: press@magnit.ru

 

Note to editors:

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, 2019, Magnit operated 38 distribution centres and 19,223 stores (13,909 convenience, 467 supermarkets and 4,847 drogerie stores) in 3,077 cities and towns throughout 7 federal regions of the Russian Federation.

In accordance with the audited IFRS results for 2018, Magnit had revenues of RUB 1,237 billion and an EBITDA of RUB 90 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.