Press Release | Krasnodar | May 15, 2020

 

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

 

Krasnodar, Russia (May 15, 2020): 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:	May 14, 2020
Amount of disposed shares:	23,404 shares (0.022965  % 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:	4,270,380  votes (4.190289 % of the total number of votes)
Amount of votes after disposal:	4,246,976  votes (4.167324% 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

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, 2020, Magnit operated 38 distribution centres and 20,860 stores (14,594 convenience, 472 supermarkets and 5,794 drogerie stores) in 3,718 cities and towns throughout 7 federal regions of the Russian Federation.

In accordance with the audited IFRS results for FY 2019, Magnit had revenues of RUB 1,369 billion and an EBITDA of RUB 147 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.