OJSC MAGNIT: Commencing Date of Exchange-Traded Bonds Placement
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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.
March 27, 2013
OJSC "Magnit" Announces the Commencing Date of Bonds Placement
Krasnodar, March 27, 2013: OJSC «Magnit» (the "Company"; the "Issuer", MICEX and LSE: MGNT) announces the commencing date of exchange-traded bonds placement.
Parameters of bonds placement:
Typeofsecurities: Non-convertible interest-bearing certified e
xchange-traded bonds to the bearer with the obligatory centralized custody of BO-08/BO-09series
Maturity date: 1092ndday from the date of initiation of placement of
the exchange-traded bonds of BO-08/BO-09series
State registration 4B02-08-60525-P/4B02-09-60525-Pas of 10.08.2011 number of the issueand date of registration:
Registration authority: Securities market maker which admitted the e
xchange-traded bonds to trading within the course of placement - Close joint-stock company "MICEX Stock Exchange"
Amount of securities to 5,000,000bonds/ 5,000,000bonds be placed:
Nominal value: 1,000rubles each/ 1,000 rubles each
Placement method: Open subscription
Placement price: 1,000 rublesfor each exchange-traded bond (100 percent
of the nominal value)
Pre-emptive right: Not provided
Placement April2, 2013 commencingdate:
Placement completion April 2, 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 April 1, 2013.
Additionally, on March 27, 2013 sole executive body of the issuer (Chief Executive Officer) has determined the impossibility of advanced redemption of the non-convertible interest-bearing certified exchange-traded bonds to the bearer with the obligatory centralized custody of BO-08/BO-09 series (identification code 4B02-08-60525-P / 4B02-09-60525-P; admitted to trading on the stock exchange in the course of placement as of August 10, 2011) at the discretion of the Issuer according to paragraph 9.5.2. A). of the Resolution authorizing securities issue.
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 audited IFRS consolidated financial statements for 2012, Magnit recorded consolidated revenues of approximately $14,430 million USD and a consolidated EBITDA of $1,524 million USD. END -0- Mar/27/2013 09:37 GMT