Press-release
Krasnodar
January 24, 2014
OJSC "Magnit" Announces the Change of Share of the Entity under the Issuer's Control
Krasnodar, January 24, 2014: OJSC "Magnit", Russia's largest retailer (the
"Company", the "Issuer", MICEX and LSE: MGNT), announces the change of share of
the entity which is under the Issuer's control.
Full company name and joint-stock company "Tander"
address:
185, Levanevskogo street, Krasnodar, Russia
Taxpayer Id Number: 2310031475
Principal State 1022301598549
Registration Number:
Object of acquisition: voting shares of the Issuer
January 21, 2014 Acquisition of shares
Amount of acquired shares: 50,236 shares (0.053125% of the total equity)
Basis for acquisition: Salesand Purchase Agreements executed in the trading
of MICEX Stock Exchange,
Repurchase Agreement
Amount of votes before 75,174 votes (0.079498% of the total number of votes)
acquisition:
Amount of votes after 125,410 votes (0.132623% of the total number of
acquisition: votes)
January 21, 2014 Disposal of shares
Amount of disposed shares: 12,177 shares (0.012877% of the total equity)
Basis for disposal: Sales and Purchase Agreements executed in the
trading of MICEX Stock Exchange
Amount of votes before 125,410 votes (0.132623% of the total number of
disposal: votes)
Amount of votes after 113,233 votes (0.119746% of the total number of
disposal: votes)
January 22, 2014 Acquisition of shares
Amount of acquired shares: 6,800 shares (0.007191% of the total equity)
Basis for acquisition: Sales and Purchase Agreements executed in the
trading of MICEX Stock Exchange
Amount of votes before 113,233 votes (0.119746% of the total number of
acquisition: votes)
Amount of votes after 120,033 votes (0.126937% of the total number of
acquisition: votes)
January 22, 2014 Disposal of shares
Amount of disposed shares: 150shares (0.000159% of the total equity)
Basis for disposal: Sales and Purchase Agreements executed in the
trading of MICEX Stock Exchange
Amount of votes before 120,033 votes (0.126937% of the total number of
disposal: votes)
Amount of votes after 119,883 votes (0.126778% of the total number of
disposal: votes)
January 23, 2014 Acquisition of shares
Amount of acquired shares: 7,000 shares (0.007403% of the total equity)
Basis for acquisition: Sales and Purchase Agreements executed in the
trading of MICEX Stock Exchange
Amount of votes before 119,883 votes (0.126778% of the total number of
acquisition: votes)
Amount of votes after 126,883 votes (0.134181% of the total number of
acquisition: votes)
For further information, please contact:
Timothy Post Director, Investor Relations
Email: post@gw.tander.ru
Office: +7-861-277-4554 x7600
Mobile: +7-961-511-7678
Direct Line: +7-861-277-4562
Dina Svishcheva Deputy Director, Investor Relations
Email: Chistyak@gw.tander.ru
Office: +7-861-277-45-54 x5101
Mobile: +7-961-511-0202
Direct Line: +7-861-277-4562
Company description:
Magnit is Russia's largest retailer. Founded in 1994, the company is
headquartered in the southern Russian city of Krasnodar. As of December 31,
2013, Magnit operated 22 distribution centers and over 8,000 stores (7,200
convenience, 207 hypermarkets, and 686 cosmetics) in more than 1,868 cities and
towns throughout 7 federal regions of the Russian Federation.
In accordance with its reviewed IFRS consolidated financial statements, Magnit
had 1H 2013 revenues of $8.7 billion USD and an EBITDA of $890 million USD.
Magnit's local shares are traded on the Moscow Stock Exchange (MICEX: 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 now
Europe's 2nd largest food retailer.