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Magnit
Notice of Dividend Amount • Apr 18, 2017
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Notice of Dividend Amount
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PJSC MAGNIT - Coupon Yield Payment and Advanced Redemption of Bonds
PR Newswire
London, April 18
Press-release
Krasnodar
April 18, 2017
PJSC “Magnit” Announces the 3rd Coupon Yield Payment and the Advanced Redemption of the Nominal Value of Exchange-Traded Bonds
Krasnodar, April 18, 2017: PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MOEX and LSE: MGNT), announces the 3rd coupon yield payment against bonds and the advanced redemption of the nominal value of exchange-traded bonds.
Please be informed that on April 18, 2017 PJSC “Magnit” fulfilled its obligation of the third coupon redemption against bonds of the BO-11 series in the amount of 583,400,000.00 rubles and the redemption of the nominal value of exchange-traded bonds.
Parameters of the bond issue:
| Type of securities: | Non-convertible interest-bearing certified exchange-traded bonds to the bearer of the BO-11 series with the obligatory centralized custody, International Stock Identification Number (ISIN) RU000A0JVUZ6 |
| Identification number of the securities issue and the date of its assignment: | No. 4B02-11-60525-P as of 30.07.2013 |
| Reporting (coupon) period which the yield is paid for: | The third coupon period (18.10.2016-18.04.2017) |
| The total amount of the interest to be paid against bonds: | 583,400,000.00 rubles excluding tax and other deductions |
| The amount of the interest to be paid against one bond: | 58.34 rubles |
| The total number of bonds against which the yield is paid: | 10,000,000 bonds |
| The method of payment: | Monetary funds in the currency of the Russian Federation by means of non-cash settlement |
| The record date: | April 17, 2017 |
| The date of the obligation fulfillment: | April 18, 2017 |
| The total amount of the interest paid against bonds following the reporting period: | Following the 3rd coupon period the amount of 583,400,000.00 rubles was paid excluding tax and other deductions. Obligation has been fulfilled. |
| The number of bonds which were redeemed in advance: | 10,000,000 bonds |
| Basis for advanced bonds redemption: | redemption of the nominal value of bonds according to the Decision on the issuance of PJSC “Magnit” securities approved by the Board of Directors on June 25, 2013, and the Decisionof the CEO on the advanced redemption of the bonds w/o No. as of October 12, 2015 |
| The date of advanced redemption of bonds: | April 18, 2017 |
For further information, please contact:
| Timothy Post | Head of Investor Relations Email: [email protected] Office: +7-861-277-4554 x 17600 |
| Investor Relations Office | [email protected] Direct Line: +7-861-277-4562 Website: ir.magnit.com/ |
| Media Inquiries | Media Relations Department [email protected] |
Company description:
Public Joint Stock Company “Magnit” is one of Russia's leading retailers. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of December 31, 2016, Magnit operated 35 distribution centers and 14,059 stores (10,521 convenience, 431 hypermarkets and 3,107 drogerie stores) in 2,494 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the audited IFRS results for 2016, Magnit had revenues of RUB 1,075 billion and an EBITDA of RUB 108 billion. Magnit's local shares are traded on the Moscow Stock Exchange (MOEX: MGNT) and its GDRs on the London 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 largest retailers in Europe.
