X5 Retail Group N.V (FIVE) - X5 Announces Extraordinary General Meeting RNS Number : 6262P X5 Retail Group N.V. 26 October 2012 X5 RETAIL GROUP ANNOUNCES EXTRAORDINARY GENERAL MEETING Amsterdam, 26 October 2012 - X5 Retail Group N.V. (the "Company"), Russia's largest retailer in terms of sales, invites its shareholders and holders of global depository receipts to its extraordinary general meeting of shareholders (the "EGM") to be held at Parkstraat 20, 2514 JK The Hague, The Netherlands at 11.00 am CET on 7 December 2012. The record date for the EGM is 9 November 2012. The main item on the agenda is the proposed amendment of the Articles of Association of the Company. Explanatory notes to the EGM agenda, as well as the draft Deed of Amendment of the Articles of Association, are available at www.x5.ru. For further details please contact Gregory Madick Vladimir Rusanov Executive IR Director Acting Head of PR Department Tel.: +7 (495) 502-9783 Tel.: +7 (495) 662-8888, ext. 31 328 e-mail: gregory.madick@X5.ru e-mail: vladimir.rusanov@X5.ru Note to Editors: Headquartered in Moscow, X5 Retail Group (LSE: FIVE, Moody's - "B2", S&P - "B+") is Russia's largest retailer in terms of revenue. The Company operates several retail formats: the soft discounter chain under the Pyaterochka brand, the supermarket chain under the Perekrestok brand, the hypermarket chain under the Karusel brand, the online retail channel under E5.ru brand and convenience stores under various brands. As at 30 September 2012, X5 had 3,472 Company-operated stores. It has the leading market position in both Moscow and St. Petersburg and a significant presence in the European part of Russia. Its store base includes 2,936 soft discounter stores, 350 supermarkets, 76 hypermarkets and 110 convenience stores. The Company operates 28 DCs and 1,841 Company-owned trucks across the Russian Federation. X5 is run on an SAP platform. As at 30 September 2012, X5's direct franchisees operated 404 stores across Russia. As at 30 September 2012, the number of X5 employees totaled 102 thousand. For the full year 2011, net sales totaled USD 15,455 mln, EBITDA reached USD 1,130 mln, and net profit amounted to USD 302 mln. For the first half 2012, net sales totaled USD 7,859 mln, EBITDA reached USD 554 mln and net profit amounted to USD 135 mln. X5 Shareholder structure is as follows: Alfa Group - 47.86%, founders of Pyaterochka - 19.85%, X5 Directors- 0.13%, treasury shares - 0.11%, free float - 32.05%. Forward looking statements: This announcement includes statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements can be identified by the fact that they do not only relate to historical or current events. Forward-looking statements often use words such as "anticipate", "target", "expect", "estimate", "intend", "expected", "plan", "goal", "believe", or other words of similar meaning. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances, a number of which are beyond X5 Retail Group N.V.'s control. As a result, actual future results may differ materially from the plans, goals and expectations set out in these forward-looking statements. Any forward-looking statements made by or on behalf of X5 Retail Group N.V. speak only as at the date of this announcement. Save as required by any applicable laws or regulations, X5 Retail Group N.V. undertakes no obligation publicly to release the results of any revisions to any forward-looking statements in this document that may occur due to any change in its expectations or to reflect events or circumstances after the date of this document. This information is provided by RNS The company news service from the London Stock Exchange END NOEUNRWRUWARURA -0- Oct/26/2012 08:24 GMT
X5 Retail Group N.V FIVE X5 Announces Extraordinary General Meeting
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