Press Release
Krasnodar
March 15, 2018
PJSC "Magnit" Announces the Change of Share in the Charter Capital
Krasnodar, March 15, 2018: PJSC "Magnit", one of Russia's leading retailers (the "Company"; MOEX and LSE: MGNT), announces the change of share in the charter capital of PJSC "Magnit" (ordinary shares stake) owned by Sergey Galitskiy, the member of the PJSC "Magnit" Board of Directors.
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Name and position of the person:
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Sergey Galitskiy, the member of the PJSC "Magnit" Board of Directors
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Company:
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Public Joint Stock Company "Magnit", 15/5, Solnechnaya street, Krasnodar, Russia
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Share in the charter capital before change:
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31.793156%
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Ordinary shares stake before change:
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31.793156%
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Share in the charter capital after change:
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2.693160%
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Ordinary shares stake after change:
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2.693160%
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Date of change of share in the charter capital:
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March 14, 2018
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Date of the fact being reported:
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March 15, 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 December 31, 2017, Magnit operated 37 distribution centers and 16,350 stores (12,125 convenience, 243 hypermarkets, 208 Magnit Family stores and 3,774 drogerie stores) in 2,709 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the unaudited IFRS management accounts 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.
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