Magnit

Regulatory Filings • Oct 16, 2018

16-Oct-2018 / 15:01 MSK

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Press Release | Krasnodar | October 16, 2018

PJSC "Magnit" Announces the Acquisition of Shares by JSC "Tander"

Krasnodar, Russia (October 16, 2018): Magnit PJSC (MOEX and LSE: MGNT; Issuer; Company; Group), one of Russia's leading retailers, announces the acquisition of shares by the entity under its control (JSC "Tander").

Full Company Name and Address	Joint Stock Company "Tander"
	185 Levanevskogo street, Krasnodar, Russian Federation
Taxpayer Id. Number	2310031475
Principal State Registration Number	1022301598549
Object of Acquisition	Ordinary Registered Uncertified Voting Shares
State Registration No.	1-01-60525-P of 04.03.2004
International Securities Identification Number (ISIN)	RU000A0JKQU8
Date of Acquisition	October 15, 2018
Date of the Fact being Reported to the Issuer	October 16, 2018
Number of Acquired Shares	112,829 shares
	0.110713% of the total number of voting shares
Basis for Acquisition	Agreement No. 7700976 TAN of September 04, 2018 on opening a brokerage account and terms of brokerage between JSC "Tander" and Renaissance Broker LLC
Number of Votes before Acquisition	1,586,089 votes
	1.556342% of the total number of votes
Number of Votes after Acquisition	1,698,918 votes
	1.667055% of the total number of votes

For further information, please contact

Dina Svishcheva Media Inquiries Head of IR Media Relations Department Email: Chistyak@magnit.ru Email: press@magnit.ru Office: +7-861-277-4554 x 15101

Note to editors:

Publ ic Joint Stock Compa ny "Magnit" is one of Russia's lea ding retai lers. Founded in 1994, the compa ny is hea dquartered in the s outhern Russia n city of Kras nodar. As of June 30, 2018, Magnit operated 37 distribu,on centers a nd 16,960 stores (12,503 convenience, 244 hypermarkets, 213 s upermarkets a nd 4,000 drogerie stores) in 2,808 ci,es a nd towns throughout 7 federal regions of the Russia n Federa,on.

In accorda nce with the reviewed IFRS cons ol idated fina ncial statements for 1H 2018, Magnit ha d revenues of RUB 595 bi l l ion a nd a n EBITDA of RUB 44 bi l l ion. Magnit's local s hares are tra ded on the Moscow Excha nge (MOEX: MGNT) a nd its GDRs on the London Stock Excha nge (LSE: MGNT) a nd it has a credit ra,ng from Sta ndard & Poor's of BB.

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.: 6214 EQS News ID: 734097

End ofAnnouncementEQS News Service