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OJSC 'MAGNIT' (FRA:5M71) PJSC 'Magnit' notifies on the Change of Share by the Entity under the Issuer's Control

Directive transparence : information réglementée

11/06/2019 16:01

MAGNIT PJSC (MGNT)
PJSC 'Magnit' notifies on the Change of Share by the Entity under the Issuer's Control

11-Jun-2019 / 17:01 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


Press Release | Krasnodar | June 11, 2019

 

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

 

Krasnodar, Russia (June 11, 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 10, 2019

Amount of disposed shares:

731 shares (0.000717% 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:

4,363,054 votes (4.281225% of the total number of votes)

Amount of votes after disposal:

4,362,323 votes (4.280507% of the total number of votes)

 

 

For further information, please contact:

 

Dmitry Kovalenko   Dina Chistyak   

Director for Investor Relations  Director for Investor Relations 

Email: dmitry_kovalenko@magnit.ru  Email: dina_chistyak@magnit.ru 

Office: +7 (861) 210-48-80   Office: +7 (861) 210-9810 x 15101

 

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.

 



ISIN: US55953Q2021
Category Code: MSCU
TIDM: MGNT
LEI Code: 2534009KKPTVL99W2Y12
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 9763
EQS News ID: 822649

 
End of Announcement EQS News Service

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