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Magnit
Related Party Transaction • Oct 2, 2015
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Related Party Transaction
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PJSC MAGNIT - List of Affiliated Persons
PR Newswire
London, October 2
Press-release
Krasnodar
October 2, 2015
PJSC “Magnit” Has Published the List of Affiliated Persons as of 30.09.2015
Krasnodar, October 2, 2015: PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MOEX and LSE: MGNT), announces the publication of the list of affiliated persons as of 30.09.2015.
Please be informed that today PJSC “Magnit” has published the list of affiliated persons as of 30.09.2015.
The list can be found on the Company’s website www.ir.magnit.com and on http://www.e-disclosure.ru/portal/company.aspx?id=7671
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: +7-861-277-4562 |
| Dina Svishcheva | Deputy Director, Investor Relations Email: [email protected] Office: +7-861-277-45-54 x 15101 Mobile: +7-961-511-0202 Direct Line: +7-861-277-4562 |
| Media Inquiries | PR and GR Department [email protected] |
Company description:
Magnit is Russia's largest food retailer. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of June 30, 2015, Magnit operated 29 distribution centers and over 10,700 stores (8,890 convenience, 311 hypermarkets, and 1,527 drogerie stores) in approximately 2,233 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the reviewed IFRS consolidated financial statements for 1H 2015, Magnit had revenues of RUB 455 billion and an EBITDA of RUB 49 billion. Magnit's local shares are traded on the Moscow Stock 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.
