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MAGNIT PJSC (MGNT)
26-May-2021 / 18:41 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Magnit notifies on the Change of Share by the Entity under the Issuer's Control
Krasnodar, Russia (May 26, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia's leading retailers, announces the change of share by the entity which is under the Issuer's control.
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Full company name and address:
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Joint Stock Company "Tander"
185, Levanevskogo street, Krasnodar, Russia
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Taxpayer Id Number:
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2310031475
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Principal State Registration Number:
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1022301598549
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Object of disposal:
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Ordinary registered uncertified voting shares with a state registration No. 1-01-60525-P of 04.03.2004, International Securities Identification Number (ISIN) RU000A0JKQU8
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Disposal of shares
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Date of change:
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May 25, 2021
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Amount of disposed shares:
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974 shares (0.000956% of the total equity)
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Basis for disposal:
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Shares Purchase Agreements executed with the participants of Long-Term Incentive Program for key employees of JSC "Tander" and PJSC "Magnit".
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Amount of votes before disposal:
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3,983,845 votes (3.909128% of the total number of votes)
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Amount of votes after disposal:
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3,982,871 votes (3.908172% of the total number of votes)
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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 March 31, 2021, Magnit operated 39 distribution centers and 21,900 stores (15,098 convenience, 471 supermarkets and 6,331 drogerie stores) in 3,770 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the audited IFRS 16 results for FY 2020, Magnit had revenues of RUB 1,553.8 billion and an EBITDA of RUB 178.2 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.
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