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Related Party Transaction • Jan 27, 2014
6413_rns_2014-01-27_4b4f4781-4daa-41bc-9f10-6777cec4b99d.html
Related Party Transaction
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OJSC MAGNIT - Material Fact
PR Newswire
London, January 27
Press-releaseKrasnodarJanuary 27, 2014OJSC "Magnit" Announces the Acquisition of Shares by the Entityunder the Issuer'sControlKrasnodar, January 27, 2014: OJSC "Magnit", Russia's largest retailer (the"Company", the "Issuer", MICEX and LSE: MGNT), announces the acquisition ofshares by the entity which is under the Issuer's control.Full company name and joint-stock company "Tander"address: 185, Levanevskogo street, Krasnodar, RussiaTaxpayer Id Number: 2310031475Principal State 1022301598549Registration Number:Object of acquisition: voting shares of the IssuerDate of acquisition: January 24, 2014Amount of acquired shares: 47,819 shares (0.050569% of the total equity)Basis for acquisition: Sales andPurchase Agreements executed in the trading of MICEX Stock ExchangeAmount of votes before 126,883 votes (0.134181% of the total number ofacquisition: votes)Amount of votes after 174,702 votes (0.184750% of the total number ofacquisition: votes)For further information, please contact:Timothy Post Director, Investor Relations Email: [email protected] Office: +7-861-277-4554 x7600 Mobile: +7-961-511-7678 Direct Line: +7-861-277-4562Dina Svishcheva Deputy Director, Investor Relations Email: [email protected] Office: +7-861-277-45-54 x5101 Mobile: +7-961-511-0202 Direct Line: +7-861-277-4562Company description:Magnit is Russia's largest retailer. Founded in 1994, the company isheadquartered in the southern Russian city of Krasnodar. As of December 31,2013, Magnit operated 22 distribution centers and over 8,000 stores (7,200convenience, 207 hypermarkets, and 686 cosmetics) in more than 1,868 cities andtowns throughout 7 federal regions of the Russian Federation.In accordance with the unaudited IFRS management accounts for 2013, Magnit hadrevenues of $18,202 million USD and an EBITDA of $2,032 million USD. Magnit'slocal shares are traded on the Moscow Stock Exchange (MICEX: MGNT) and its GDRson the London Stock Exchange (LSE: MGNT) and it has a credit rating fromStandard & Poor's of BB. Measured by market capitalization, Magnit is nowEurope's 2nd largest retailer.
