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Magnit
Major Shareholding Notification • Jul 18, 2014
6413_rns_2014-07-18_35076b9f-661b-4488-b3ab-f4697422654a.html
Major Shareholding Notification
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OJSC MAGNIT - Material fact
PR Newswire
London, July 18
Press-releaseKrasnodarJuly 18, 2014OJSC "Magnit" Announces the Acquisition of Shares by the Entity under theIssuer's ControlKrasnodar, July 18, 2014: OJSC "Magnit", Russia's largest food 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: July 17, 2014Amount of acquired shares: 10,177 shares (0.010762% of the total equity)Basis for acquisition: Sale and Purchase Agreements executed in the trading of MICEX Stock ExchangeAmount of votes before 217,197 votes (0.229689% of the total number ofacquisition: votes)Amount of votes after 227,374 votes (0.240451% of the total number ofacquisition: votes)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: +7-961-511-0202Direct Line: +7-861-277-4562Company description:Magnit is Russia's largest food retailer. Founded in 1994, the company isheadquartered in the southern Russian city of Krasnodar. As of June 30, 2014,Magnit operated 24 distribution centers and over 8,600 stores (7,614convenience, 226 hypermarkets, and 778 cosmetics) in approximately 2,000 citiesand towns 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.
