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Regulatory Filings • Mar 6, 2015
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Regulatory Filings
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PJSC MAGNIT - 194th Hypermarket Opening
PR Newswire
London, March 6
Press-releaseKrasnodarMarch 6, 2015PJSC "Magnit" Announces the Opening of the 194th HypermarketKrasnodar, March 6, 2015: PJSC "Magnit", Russia's largest food retailer (the"Company"; MOEX and LSE: MGNT), is pleased to announce the opening of the 194thhypermarket of a small format.Please be informed that today the Company opened its 194th hypermarket of asmall format located at 58 Rostovskaya street, Voronezh, Central federalregion. Assortment of the hypermarket consists of more than 11,000 SKUs, out ofwhich about 80% are food items. There are 15 cash desks installed in the salesarea. The outlet is leased by the Company. The hypermarket is open 7 days aweek from 9 am to 11 pm.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 December 31,2014, Magnit operated 27 distribution centers and over 9,700 stores (8,344convenience, 287 hypermarkets, and 1,080 drogerie stores) in approximately2,100 cities and towns throughout 7 federal regions of the Russian Federation.In accordance with the unaudited IFRS management accounts for 2014, Magnit hadrevenues of RUB 764 billion and an EBITDA of RUB 86 billion. Magnit's localshares are traded on the Moscow Stock Exchange (MOEX: MGNT) and its GDRs on theLondon Stock Exchange (LSE: MGNT) and it has a credit rating from Standard &Poor's of BB. Measured by market capitalization, Magnit is one of the largestretailers in Europe.
