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MAGNIT PJSC (MGNT)

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Monday 13 November, 2017

MAGNIT PJSC

Director/PDMR Shareholding

MAGNIT PJSC (MGNT)
MAGNIT PJSC: Director/PDMR Shareholding

13-Nov-2017 / 17:18 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

November 13, 2017

 

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

 

Krasnodar, November 13, 2017: PJSC "Magnit", Russia's largest food retailer (the "Company", the "Issuer", MOEX and LSE: MGNT), announces the change of share of the entity which is under the Issuer's control.

 

 

Full company name and address:

 

Taxpayer Id Number:

Joint Stock Company "Tander"  185, Levanevskogo street, Krasnodar, Russia

2310031475

Principal State Registration Number:

1022301598549

Object of acquisition:

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

Acquisition of shares

Date of change:

November 13, 2017

Date of the fact being reported to the Issuer:

November 13, 2017

Amount of acquired shares:

1,500,000 shares (1.586272% of the total equity)

Basis for acquisition:

Receipt of shares under Security transfer agreement

 

Amount of votes before acquisition:

0 votes (0.0% of the total number of votes)

Amount of votes after acquisition:

1,500,000 votes (1.586272% 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

a)

Name

Joint Stock Company "Tander" (JSC "Tander")

2

Основание для направления уведомления

 

Reason for the notification

a)

Position/status

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

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer

a)

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

a)

Description of the financial instrument, type of instrument Identification code

Share

ISIN RU000A0JKQU8

b)

Nature of the transaction

Receipt of shares under Security transfer agreement

c)

Price(s) and volume(s)

Price

Volume

0

1,500,000

 

d)

Aggregated information

- Aggregated volume

- Price

Price

Aggregated volume

0

1,500,000

 

e)

Date of the transaction

November 13, 2017

f)

Place of the transaction

outside a trading venue

 

 


For further information, please contact:

 

Timothy Post

Head of Investor Relations

Email: [email protected]

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

 

Dina Svishcheva

Deputy Director, Investor Relations

Email: [email protected]

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

 

Media Inquiries

Media Relations Department

[email protected]

 

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.

 



ISIN: US55953Q2021
Category Code: DSH
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.: 4841

 
End of Announcement EQS News Service

628597  13-Nov-2017 

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