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Magnit
Major Shareholding Notification • Dec 5, 2017
6413_rns_2017-12-05_01d283a5-0ed2-4ffb-9f19-dfe9e987c689.html
Major Shareholding Notification
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MAGNIT PJSC (MGNT)
MAGNIT PJSC: PJSC 'Magnit' announces the acquisition by Dodge & Cox of the certain number of shares in the charter capital of PJSC 'Magnit'
05-Dec-2017 / 07:58 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Press Release
Krasnodar
December 5, 2017
PJSC "Magnit" announces the acquisition by Dodge & Cox of the certain number of shares in the charter capital of PJSC "Magnit"
Krasnodar, Russia (December 5, 2017): Magnit PJSC, one of Russia's leading retailers (the "Company"; MOEX and LSE: MGNT), announces the acquisition by Dodge & Cox of the certain number of shares in the charter capital of PJSC "Magnit".
On November 17, 2017 Dodge & Cox (555 California Street, 40th floor, San Francisco, California, 94104, USA, Principal State Registration Number C0368317; Taxpayer Identification Number: 94-1441976) acquired certain number of voting right shares in the charter capital of PJSC "Magnit".
Type of stock power: indirect power.
Legal entities controlled by such entity through which such entity acquired the right to indirectly dispose certain number of votes attached to voting shares (stakes) that constitute the charter capital of the issuer:
Full company name: Dodge & Cox International Stock Fund;
Address: c/o Dodge & Cox, 555 California Street, 40th floor, San Francisco, CA, 94104, USA;
Principal State Registration Number: 2859038;
Taxpayer Identification Number: 94-3390852.
Full company name: Dodge & Cox Global Stock Fund;
Address: c/o Dodge & Cox, 555 California Street, 40th floor, San Francisco, CA, 94104, USA;
Principal State Registration Number: 2859038;
Taxpayer Identification Number: 26-2099183.
Full company name: Dodge & Cox Worldwide Funds plc - International Stock Fund;
Address: 78 Sir John Rogerson's Quay, Dublin 2, Ireland;
Principal State Registration Number: 475691;
Taxpayer Identification Number: 9725957P.
Full company name: Dodge & Cox Worldwide Funds plc - Global Stock Fund;
Address: 78 Sir John Rogerson's Quay, Dublin 2, Ireland;
Principal State Registration Number: 475691;
Taxpayer Identification Number: 9725957P.
Full company name: Johnson & Johnson Pension and Saving Plan;
Address: One Johnson and Johnson Plaza, New Brunswick, NJ 08933, USA;
Principal State Registration Number: 5106301000;
Taxpayer Identification Number: 22-1024240.
Attribute of stock power: sole power.
The basis of the stock power: trust management agreement.
Number of shares and % in the charter capital before the basis of the stock power: 4,329,385 shares (4.58%).
Number of shares and % in the charter capital after the basis of the stock power: 6,610,285 shares (6.99%).
For further information, please contact:
| Timothy Post | Head of Investor Relations Email: [email protected] Office: +7-861-277-4554 x 17600 |
| Dina Svishcheva | Deputy Director, Investor Relations Email: [email protected] Office: +7-861-277-4554 x 15101 |
| 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 September 30, 2017, Magnit operated 36 distribution centers and 15,697 stores (11,743 convenience, 432 hypermarkets and 3,522 drogerie stores) in 2,664 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the reviewed IFRS consolidated financial statements for 1H 2017, Magnit had revenues of RUB 555 billion and an EBITDA of RUB 49 billion. Magnit's local shares 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 of the largest retailers in Europe.
| ISIN: | US55953Q2021 |
| Category Code: | MSCU |
| TIDM: | MGNT |
| LEI Code: | 2534009KKPTVL99W2Y12 |
| OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
| Sequence No.: | 4945 |
| End of Announcement | EQS News Service |
635639 05-Dec-2017