Board/Management Information • Oct 29, 2017
Board/Management Information
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27-Oct-2017 / 16:43 CET/CEST
Dissemination of a RegulatoryAnnouncement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
Press Release Krasnodar October 27, 2017
Krasnodar, October 27, 2017: Magnit PJSC, one ofRussia's leading retailers (the"Company", MOEXand LSE:MGNT), is pleased to announce the holding ofthe Board of Directors meeting.
OnOctober 27, 2017, the Chairman of the Board of Directors made the decision to hold the BOD meeting on November 3, 2017 with the following agenda:
Timothy Post Head ofInvestor Relations Email: [email protected] Office:+7-861-277-4554 x 17600
Dina Svishcheva DeputyDirector, Investor Relations Email:[email protected] Office:+7-861-277-4554 x 15101
MediaInquiries Media Relations Department [email protected]
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 ofSeptember 30, 2017, Magnit operated 36 distribution centersand 15,697 stores (11,743 convenience, 432 hypermarkets and 3,522 drogeriestores) in 2,664 citiesand towns throughout 7 federalregions ofthe Russian Federation.
In accordance with thereviewed IFRS consolidated financialstatements for 1H 2017, Magnit had revenues of RUB 555 billion and an EBITDAof RUB 49 billion. Magnit's localshares are traded on the Moscow 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 ofthe largest retailers in Europe.
ISIN: US55953Q2021 Category Code: MSCU TIDM: MGNT LEICode: 2534009KKPTVL99W2Y12 OAM Categories:3.1.Additional regulated information required to be disclosed under the laws of a Member State Sequence No.: 4789
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