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Magnit Delisting Announcement 2014
6413_rns_2014-04-29_4125755a-023a-452f-85ae-bb0de0824302.html
Delisting Announcement
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OJSC MAGNIT - Material Fact
PR Newswire
London, April 29
Press-releaseKrasnodarApril 29, 2014OJSC "Magnit" Announces the Exclusion of its Bonds from the Quotation List "A"Level 1 at MICEXKrasnodar, April 29, 2014: OJSC «Magnit», Russia's largest food retailer (the"Company"; MICEX and LSE: MGNT), announces the exclusion of its bonds from theQuotation list "A" Level 1 at MICEX.Please be informed that on April 29, 2014 exchange-traded bonds of BO-06 serieswere excluded from the Quotation list "A" Level 1, List of securities admittedto trading at CJSC "MICEX Stock Exchange", due to their redemption (regulationof CJSC "MICEX Stock Exchange" №525-r as of 29.04.2014).Securities market maker: Close joint-stock company "MICEX Stock Exchange"Type of securities: Non-convertible interest-bearing certified e xchange-traded bonds ofBO-06 series to the bearer with the obligatory centralized custody(identification number of the issue 4B02-06-60525-P as of February16, 2011)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 March 31, 2014,Magnit operated 23 distribution centers and over 8,200 stores (7,341convenience, 215 hypermarkets, and 700 cosmetics) in more than 1,905 cities andtowns throughout 7 federal regions of the Russian Federation.In accordance with the audited IFRS consolidated financial statements for 2013,Magnit had revenues of $18,202 million USD and an EBITDA of $2,032 million USD.Magnit's local shares are traded on the Moscow Stock Exchange (MICEX: MGNT) andits GDRs on the London Stock Exchange (LSE: MGNT) and it has a credit ratingfrom Standard & Poor's of BB. Measured by market capitalization, Magnit is oneof the largest retailers in Europe.
