Press-release
Krasnodar
April 13, 2015
PJSC "Magnit" Announces the Change of Share of the BoD Members and the Members
of the Management Board in the Charter Capital
Krasnodar, April 13, 2015: PJSC "Magnit", Russia's largest food retailer (the
"Company"; MOEX and LSE: MGNT), announces the change of share of the BoD
members and the members of the Management Board in the charter capital.
On April 13, 2015 the Company has been notified of the following changes of
share of the BoD members and the members of the Management Board in its charter
capital.
Name and Share in the Share of the Share in the Share of the Date of
position charter ordinary charter ordinary change
capital shares before capital shares after
before change change after change change
Marina 0,002119% 0,002119% 0,003008% 0,003008% April 1,
Ivanova 2015
Member of the
Management
Board
Andrey 0,210758% 0,210758% 0,211647% 0,211647% April 1,
Arutyunyan 2015
BoD member
Khachatur 0,001644% 0,001644% 0,001645% 0,001645% March 23,
Pombukhchan 2015
Chairman of
the BoD
Khachatur 0,001645% 0,001645% 0,002534% 0,002534% April 1,
Pombukhchan 2015
Chairman of
the BoD
Ilya Sattarov 0,003400% 0,003400% 0,004288% 0,004288% April 1,
2015
Member of the
Management
Board
Aslan 0,006845% 0,006845% 0,007734% 0,007734% April 1,
Shkhachemukov 2015
BoD Member
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 March 31, 2015,
Magnit operated 28 distribution centers and over 10,000 stores (8,581
convenience, 300 hypermarkets, and 1,239 drogerie stores) in approximately
2,180 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the audited IFRS consolidated financial statements for 2014,
Magnit had revenues of RUB 764 billion and an EBITDA of RUB 86 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.