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Declaration of Voting Results & Voting Rights Announcements • May 15, 2020
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Declaration of Voting Results & Voting Rights Announcements
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MAGNIT PJSC (MGNT)
PJSC Magnit notifies on the Change of Share by the Entity under the Issuer's Control
15-May-2020 / 19:20 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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: [email protected]
Office: +7 (861) 210-48-80
Dina Chistyak
Director for Investor Relations
Email: [email protected]
Office: +7 (861) 210-9810 x 15101
Media Inquiries
Email: [email protected]
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.
| 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.: | 64208 |
| EQS News ID: | 1047053 |
| End of Announcement | EQS News Service |