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Magnit
Declaration of Voting Results & Voting Rights Announcements • Sep 26, 2014
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Declaration of Voting Results & Voting Rights Announcements
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OJSC MAGNIT - Change of Share
PR Newswire
London, September 26
Press-releaseKrasnodarSeptember 26, 2014OJSC "Magnit" Announces the Change of Share of the Entity under the Issuer's ControlKrasnodar, September 26, 2014: OJSC "Magnit", Russia's largest food retailer(the "Company", the "Issuer", MICEX and LSE: MGNT), announces the change ofshare of 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 IssuerSeptember 24, 2014 Acquisition of sharesAmount of acquired shares: 10,500 shares (0.011104% of the total equity)Basis for acquisition: Sale and Purchase Agreements executed in the trading of MICEX Stock ExchangeAmount of votes before 254,125 votes (0.268741% of the total number ofacquisition: votes)Amount of votes after 264,625 votes (0.279845% of the total number ofacquisition: votes)September 25, 2014 Disposal of sharesAmount of disposed shares: 10,367 shares (0.010963% of the total equity)Basis for disposal: Sale and Purchase Agreements executed in the trading of MICEX Stock ExchangeAmount of votes before 264,625 votes (0.279845% of the total number ofdisposal: votes)Amount of votes after 254,258 votes (0.268882% of the total number ofdisposal: 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: +7-961-511-0202 Direct 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 drogeries) in approximately 2,000 citiesand towns throughout 7 federal regions of the Russian Federation.In accordance with the reviewed IFRS consolidated financial statements for 1H2014, Magnit had revenues of $9,979 million USD and an EBITDA of $1,045 millionUSD. Magnit's local shares are traded on the Moscow Stock Exchange (MICEX:MGNT) and its GDRs on the London Stock Exchange (LSE: MGNT) and it has a creditrating from Standard & Poor's of BB. Measured by market capitalization, Magnitis one of the largest retailers in Europe.
