OJSC 'MAGNIT' (FRA:5M71) MAGNIT PJSC: PJSC 'Magnit' Announces the Acquisition of Shares by JSC 'Tander'

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08/11/2018 13:01




MAGNIT PJSC (MGNT)


MAGNIT PJSC: PJSC 'Magnit' Announces the Acquisition of Shares by JSC 'Tander'

08-Nov-2018 / 15:01 MSK


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Press Release | Krasnodar | November 08, 2018



 



PJSC "Magnit" Announces the Acquisition of Shares by JSC "Tander"



Krasnodar, Russia (November 08, 2018): Magnit PJSC (MOEX and LSE: MGNT; Issuer; Company; Group), one of Russia's leading retailers, announces the acquisition of shares by the entity under its control (JSC "Tander").



 




























Full Company Name and Address



Joint Stock Company "Tander"



185 Levanevskogo street, Krasnodar, Russian Federation



Taxpayer Id. Number



2310031475



Principal State Registration Number



1022301598549



Object of Acquisition



Ordinary Registered Uncertified Voting Shares



State Registration No.



1-01-60525-P of 04.03.2004



International Securities Identification Number (ISIN)



RU000A0JKQU8



Date of Acquisition



November 07, 2018



Date of the Fact being Reported to the Issuer



November 08, 2018



Number of Acquired Shares



109,456 shares



0.107403% of the total number of voting shares



Basis for Acquisition



Agreement No. 7700976 TAN of September 04, 2018 on opening a brokerage account and terms of brokerage between JSC "Tander" and Renaissance Broker LLC



Number of Votes before Acquisition



3,403,274 votes



3.339445% of the total number of votes



Number of Votes after Acquisition



3,512,730 votes



3.446848% of the total number of votes


 



 



 



For further information, please contact



 



Petr Molchanov    Alisa Kvadzba  Media Inquiries



Chief Investment Officer  IR manager   Media Relations



Email: molchanov_ps@magnit.ru  Email: magnitIR@magnit.ru            Email: press@magnit.ru



Office: +7-861-277-4554 x 45000  Office: +7-861-277-4554 x 17601



 



Note to editors:



Public Joint Stock Company "Magnit" is one of Russia's leading retailers. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of September 30, 2018, Magnit operated 37 distribution centers and 17,442 stores (12,813 convenience, 457 supermarkets and 4,172 drogerie stores) in 2,866 cities and towns throughout 7 federal regions of the Russian Federation.



In accordance with the reviewed IFRS consolidated financial statements for 1H 2018, Magnit had revenues of RUB 595 billion and an EBITDA of RUB 44 billion. Magnit's local shares are traded on the Moscow 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.



 


































ISIN: US55953Q2021
Category Code: MSCU
TIDM: MGNT
LEI Code: 2534009KKPTVL99W2Y12
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 6465
EQS News ID: 743175





 
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