AI Terminal
Magnit
Delisting Announcement • Jun 5, 2014
6413_rns_2014-06-05_0bb4b230-8ac9-4648-9816-06803ca1dbe9.html
Delisting Announcement
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information
You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.
OJSC MAGNIT - Inclusion of Shares into Quotation List of OJSC "SPE"
PR Newswire
London, June 5
Press-releaseKrasnodarJune 5, 2014OJSC "Magnit" Announces the Inclusion of its Shares into the Quotation List ofOJSC "Saint Petersburg Exchange"Krasnodar, June 5, 2014: OJSC "Magnit" (the "Company"; MICEX and LSE: MGNT) ispleased to announce the inclusion of its shares into the quotation list of OJSC"Saint Petersburg Exchange".Please be informed that shares of OJSC "Magnit" will be included into thequotation list of OJSC "Saint Petersburg Exchange".Securities market Open joint-stock company" Saint Petersburg Exchange"maker:Type of securities: Ordinary registered shares (State registration number 1-01-60525-P)Date of inclusion June 6,2014of securities intothe quotation list:For further information, please contact:Timothy Post Director, Investor Relations Email: [email protected] Office: +7-861-277-4554 x 17600 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 x 15101 Mobile: +7-961-511-02-02 Direct line: +7 (861) 277-45-62Company description:Magnit is Russia's largest food retailer. Founded in 1994, the company isheadquartered in the southern Russian city of Krasnodar. As of March 31, 2014,Magnit operated 23 distribution centers and over 8,200 stores (7,341convenience, 215 hypermarkets, and 700 cosmetics) in more than 1,905 cities andtowns throughout 7 federal regions of the Russian Federation.In accordance with the audited IFRS consolidated financial statements for 2013,Magnit had revenues of $18,202 million USD and an EBITDA of $2,032 million USD.Magnit's local shares are traded on the Moscow Stock Exchange (MICEX: MGNT) andits GDRs on the London Stock Exchange (LSE: MGNT) and it has a credit ratingfrom Standard & Poor's of BB. Measured by market capitalization, Magnit is oneof the largest retailers in Europe.
