Press-release
Krasnodar
December 23, 2014
PJSC "Magnit" Announces the Decision to Pay Dividends
Krasnodar, December 23, 2014: PJSC "Magnit", Russia's largest food retailer
(the "Company"; MICEX and LSE: MGNT) announces the decision to pay dividends
for the 9 months of 2014 financial year made by the EGM.
On December 18, 2014 the extraordinary general shareholders meeting made the
decision to pay dividends on PJSC "Magnit" shares in the total amount of
14,379,945,254.85 rubles which is 152.07 rubles per share following the results
of the 9 months of 2014 financial year.
Type of securities: uncertified ordinary registered
shares
State registration number of the securities 1-01-60525-P of March 4, 2004
issue, date of registration:
Governance body of the Issuer which made the General Shareholders Meeting
decision to pay dividends:
Date of the decision to pay dividends: December 18, 2014
Dividend record date: December 30, 2014
Date and the number of the minutes of Minutes w/o No. of 23.12.2014
meeting where the decision to pay dividends
was made:
Reporting period which the dividend is paid 9 months of 2014 financial year
for:
Total amount of dividends accrued on shares 14,379,945,254.85 rubles
following the results of the 9 months of
2014 financial year:
The amount of dividend accrued on one share 152.07 rubles
following the results of the 9 months of
2014 financial year:
Form of payment: monetary funds in the currency of
the Russian Federation by bank
transfer
Dividend payment date for nominees: January 22, 2015
Dividend payment date for the other February 12, 2015
shareholders:
For further information, please contact:
Timothy Post Director, Investor Relations
Email: post@magnit.ru
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: Chistyak@magnit.ru
Office: +7-861-277-45-54 x 15101
Mobile: +7-961-511-0202
Direct Line: +7-861-277-4562
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 September 30,
2014, Magnit operated 25 distribution centers and over 9,020 stores (7,891
convenience, 243 hypermarkets, and 886 drogerie stores) in approximately 2,000
cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the reviewed IFRS consolidated financial statements for 1H
2014, Magnit had revenues of $9,979 million USD and an EBITDA of $1,045 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 one of the largest retailers in Europe.