Press-release
Krasnodar
January 26, 2016
PJSC "Magnit" Announces the Change of Share in the Charter Capital
Krasnodar, January 26, 2016: PJSC "Magnit", Russia's largest food retailer (the
"Company"; MOEX and LSE: MGNT), announces the change of share in the charter
capital of PJSC "Magnit" (ordinary shares stake) owned by Ilya Sattarov, the
member of the PJSC "Magnit" Management Board.
On January 26, 2016 the Company was notified of the following changes of share
of Ilya Sattarov, the Management Board member, in the charter capital.
Date of change Share in the charter Share of the ordinary Share in the charter Share of the ordinary
capital before change shares before change capital after change shares after change
January 19, 2016 0,002957% 0,002957% 0,002956% 0,002956%
January 21, 2016 0,002956% 0,002956% 0,002587% 0,002587%
January 22, 2016 0,002587% 0,002587% 0,002375% 0,002375%
For further information, please contact:
Timothy Post Head of Investor Relations
Email: post@magnit.ru
Office: +7-861-277-4554 x 17600
Mobile: +7-961-511-7678
Direct Line: +7-861-277-4562
Investor Relations Office MagnitIR@magnit.ru
Direct Line: +7-861-277-4562
Website: ir.magnit.com/
Media Inquiries Media Relations Department
press@magnit.ru
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 December 31,
2015, Magnit operated 33 distribution centers and about 12,089 stores (9,594
convenience, 374 hypermarkets, and 2,121 drogerie stores) in 2,361 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.