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Magnit
Declaration of Voting Results & Voting Rights Announcements • Oct 31, 2014
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Declaration of Voting Results & Voting Rights Announcements
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PJSC MAGNIT - Material Fact
PR Newswire
London, October 31
Press-releaseKrasnodarOctober 31, 2014PJSC "Magnit" Announces the Disposal of Shares by the Entity under the Issuer'sControlKrasnodar, October 31, 2014: PJSC "Magnit", Russia's largest food retailer (the"Company", the "Issuer", MICEX and LSE: MGNT), announces the disposal of sharesby 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 disposal: voting shares of the IssuerDate of disposal: October 29, 2014Amount of disposed shares: 7,287 shares (0.007706% of the total equity)Basis for disposal: Sale and Purchase Agreements executed in the trading of MICEX Stock ExchangeAmount of votes before 216,457 votes (0.228906% of the total number ofdisposal: votes)Amount of votes after 209,170 votes (0.221200% of the total number ofdisposal: votes)Date of disposal: October 30, 2014Amount of disposed shares: 8,523 shares (0.009013% of the total equity)Basis for disposal: Sale and Purchase Agreements executed in the trading of MICEX Stock ExchangeAmount of votes before 209,170 votes (0.221200% of the total number ofdisposal: votes)Amount of votes after 200,647 votes (0.212187% 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 September 30,2014, Magnit operated 25 distribution centers and over 9,020 stores (7,891convenience, 243 hypermarkets, and 886 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.
