Watch Live

Tweet TWEET

OJSC MAGNIT: Commencing Date of Bonds Placement

Not for release, publication or distribution in Australia, Canada, Japan or the
United States. 
These materials are not an offer for sale of securities in the United States.
Securities may not be offered or sold in the United States absent registration
with the United States Securities and Exchange Commission or an exemption from
registration under the U.S. Securities Act of 1933, as amended. OJSC Magnit has
not registered and does not intend to register any part of the offering in the
United States or to conduct a public offering of any securities in the United
States. 
This document is only being distributed to and is only directed at (i) persons
who are outside the United Kingdom or (ii) to investment professionals falling
within Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (the "Order") or (iii) high net worth companies, and
other persons to whom it may lawfully be communicated, falling within Article
49(2)(a) to (d) of the Order (all such persons in (i), (ii) and (iii) above
together being referred to as "relevant persons"). The securities are only
available to, and any invitation, offer or agreement to subscribe, purchase or
otherwise acquire such securities will be engaged in only with, relevant
persons. Any person who is not a relevant person should not act or rely on this
document or any of its contents. 
In any EEA Member State that has implemented Directive 2003/71/EC (such
Directive, together with any applicable implementing measures in the relevant
home Member State under such Directive, the "Prospectus Directive") this
communication is only addressed to and is only directed at qualified investors
in that Member State within the meaning of the Prospectus Directive. 
Securities of OJSC Magnit have not been and will not be registered under the
applicable securities laws of Australia, Canada or Japan and, subject to
certain exceptions, may not be offered or sold within Australia, Canada or
Japan or to, or for the account or benefit of, citizens or residents of
Australia, Canada or Japan except under circumstances which will result in the
full compliance with the applicable laws and regulations promulgated by the
relevant regulatory authorities in effect at the relevant time. 
                                                                            
                                                                           
Press-release 
Krasnodar 
February 20, 2013 
OJSC "Magnit" Announces the Commencing Date of Bonds Placement 
Krasnodar, February 20, 2013: OJSC «Magnit» (the "Company"; the "Issuer", 
MICEX
and LSE: MGNT) announces the commencing date of bonds placement. 
Parameters of bonds placement: 
Typeofsecurities:        interest-bearing non-convertible certified bonds of    


                         the 01 series to the bearer with the obligatory       
                         centralized custody                                   


                                                                           
Maturity date:           1092ndday from the date of initiation of placement of  
                     the Bonds                                              
                                                                           
State registration       4-01-60525-P as of 27.12.2012                         
number of the issue and                                                        
date of registration:                                                           
                                                                           
Registration authority:  FFMS of Russia                                         
                                                                           
Amount of securities to  5,000,000bonds                                        
be placed:                                                                      
                                                                           
Nominal value:           1,000 rubles each                                      
                                                                           
Placement method:        Open subscription                                      
                                                                           
Placement price:         1,000 rublesfor each bond (100 percent of the nominal  
                     value)                                                 
                                                                           
Pre-emptive right:       Not provided                                           
                                                                           
Placement                February26, 2013                                      
commencingdate:                                                                 
                                                                           
Placement completion     February26, 2013                                      
date:                                                                           
Placement commencing date can be changed subject to the publication of the
relevant information in the newswire and on the Company's website http://
www.e-disclosure.ru/portal/company.aspx?id=7671; www.magnit-info.ru not later
than on February 25, 2013. 
For further information, please contact: 
Timothy Post                            Director, Investor Relations            


                                                                               
                                        e-mail: Post@gw.tander.ru              
                                                                               
                                        Tel. in Krasnodar +7 (861) 277-45-54,  
                                        210-98-10 ext. 7600                    
                                                                               
                                        Mob.: +7 (961) 511-76-78               
                                                                               
                                        Direct line for investors only: +7     
                                        (861) 277-45-62                        


                                                                           
Dina Svishcheva                         Deputy Director, Investor Relations     


                                                                               
                                        e-mail: Chistyak@gw.tander.ru          
                                                                               
                                        Tel. in Krasnodar +7 (861) 277-45-54,  
                                        210-98-10 ext. 5101                    
                                                                               
                                        Mob.: +7-961-511-02-02                 
                                                                               
                                        Direct line for investors only: +7     
                                        (861) 277-45-62                        

Company description:

Headquartered in the southern Russia city of Krasnodar, Magnit (LSE and MICEX:
MGNT) is the holding company for a group of entities that operate in the retail
trade under the "Magnit" brand. The chain of "Magnit" stores is one of the
leading food retail networks in Russia. As of December 31, 2012 the chain
consisted of 6,046 convenience stores, 126 hypermarkets, 20 "Magnit Family"
stores and 692 cosmetics stores (drogerie) in 1,605 cities and towns throughout
the Russian Federation.

Approximately two-thirds of the Magnit's stores are located in cities with a
population of less than 500,000 inhabitants. Most of its stores are located in
the Southern, North-Caucasian, Central and Volga regions. The Company also
operates stores in the North-Western, Urals and Siberian regions.

As of December 31, 2012 Magnit operated an in-house logistics system consisting
of 18 distribution centers, employing automated stock replenishment systems and
a fleet of 4,401 vehicles.

In accordance with the unaudited IFRS management accounts for 2012, Magnit
recorded consolidated revenues of approximately $14,430 million USD and a
consolidated EBITDA of $1,524 million USD.



END

-0- Feb/20/2013 14:23 GMT


 
Press spacebar to pause and continue. Press esc to stop.