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Magnit
Delisting Announcement • Apr 20, 2017
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Delisting Announcement
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PJSC MAGNIT - Material Fact
PR Newswire
London, April 20
Press-release
Krasnodar
April 20, 2017
PJSC “Magnit” Announces the Exclusion of its Bonds from the Level 2 of the List of Securities Admitted to Trading at Moscow Exchange due to their Advanced Redemption
Krasnodar, April 20, 2017: PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MICEX and LSE: MGNT), announces the exclusion of its bonds from the Level 2 of the List of securities admitted to trading at Moscow Exchange.
Please be informed that on April 19, 2017 exchange-traded bonds of the BO-11 series were excluded from the Level 2 of the List of securities admitted to trading at Moscow Exchange, due to their advanced redemption.
| Securities market maker: | Public Joint Stock Company “Moscow Exchange MICEX-RTS” (Moscow Exchange) |
| Type of securities: | Non-convertible interest-bearing certified exchange-traded bonds to the bearer of the BO-11 series with the obligatory centralized custody, Identification number of the securities issues 4B02-11-60525-P as of 30.07.2013, International Stock Identification Number (ISIN) RU000A0JVUZ6 |
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 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.
