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Magnit
Regulatory Filings • Jan 29, 2014
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Regulatory Filings
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OJSC MAGNIT - Material Fact
PR Newswire
London, January 29
Press-releaseKrasnodarJanuary 29, 2014OJSC "Magnit" Announces the Acquisition of Shares by the Entity under the Issuer'sControlKrasnodar, January 29, 2014: OJSC "Magnit", Russia's largest retailer (the"Company", the "Issuer", MICEX and LSE: MGNT), announces the acquisition ofshares by the entity which is under the Issuer's control.Full company name and joint-stock company "Tander"address: 185, Levanevskogo street, Krasnodar, RussiaTaxpayer Id Number: 2310031475Principal State 1022301598549Registration Number:Object of acquisition: voting shares of the IssuerDate of acquisition: January 28, 2014Amount of acquired shares: 15,000 shares (0.015863% of the total equity)Basis for acquisition: Sales andPurchase Agreements executed in the trading of MICEX Stock ExchangeAmount of votes before 202,702 votes (0.214360% of the total number ofacquisition: votes)Amount of votes after 217,702 votes (0.230223% of the total number ofacquisition: votes)For further information, please contact:Timothy Post Director, Investor Relations Email: [email protected] Office: +7-861-277-4554 x7600 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 x5101 Mobile: +7-961-511-0202 Direct Line: +7-861-277-4562Company description:Magnit is Russia's largest retailer. Founded in 1994, the company isheadquartered in the southern Russian city of Krasnodar. As of December 31,2013, Magnit operated 22 distribution centers and over 8,000 stores (7,200convenience, 207 hypermarkets, and 686 cosmetics) in more than 1,868 cities andtowns throughout 7 federal regions of the Russian Federation.In accordance with the unaudited IFRS management accounts for 2013, Magnit hadrevenues of $18,202 million USD and an EBITDA of $2,032 million USD. Magnit'slocal shares are traded on the Moscow Stock Exchange (MICEX: MGNT) and its GDRson the London Stock Exchange (LSE: MGNT) and it has a credit rating fromStandard & Poor's of BB. Measured by market capitalization, Magnit is nowEurope's 2nd largest retailer.
