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Magnit
Major Shareholding Notification • Apr 23, 2015
6413_rns_2015-04-23_a1c8903e-23c1-4bd1-a78b-18cb03e1b05a.html
Major Shareholding Notification
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PJSC MAGNIT - Change of Share
PR Newswire
London, April 23
Press-releaseKrasnodarApril 23, 2015PJSC "Magnit" Announces Change of Share in the Charter CapitalKrasnodar, April 23, 2015: PJSC "Magnit", Russia's largest food retailer (the"Company"; MOEX and LSE: MGNT), announces change of share in the chartercapital of PJSC "Magnit" (ordinary shares stake) owned by KhachaturPombukhchan, the chairman of PJSC "Magnit" Board of Directors.Name and position of the Khachatur Pombukhchan, the chairman of PJSC "Magnit"person: Board of DirectorsCompany: PublicJointStock Company "Magnit", 15/5, Solnechnaya street, Krasnodar, RussiaShare in charter capital 0.002534%before change:Ordinary shares stake 0.002534%before change:Share in charter capital 0.002560%after change:Ordinary shares stake 0.002560%after change:Date of change of share in April22, 2015the charter capital:Date of the fact being April23, 2015reported: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, 2015,Magnit operated 28 distribution centers and over 10,000 stores (8,581convenience, 300 hypermarkets, and 1,239 drogerie stores) in approximately2,180 cities and towns throughout 7 federal regions of the Russian Federation.In accordance with the audited IFRS consolidated financial statements for 2014,Magnit had revenues of RUB 764 billion and an EBITDA of RUB 86 billion.Magnit's local shares are traded on the Moscow Stock Exchange (MOEX: 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.
