OJSC MAGNIT: Inclusion of Shares into the Blue Chip Index of MICEX
OJSC MAGNIT: Inclusion of Shares into the Blue Chip Index of MICEX Press-release
June 13, 2013
OJSC "Magnit" Announcesthe Inclusionofits Sharesinto the Blue Chip Index Constituents of MICEX
Krasnodar, June 13, 2013: OJSC "Magnit", Russia's largest retailer (the "Company"; MICEX and LSE: MGNT), announces the inclusion of its shares into the Blue Chip Index Constituents of MICEX.
Please be informed that shares of the Company are included into the Blue Chip Index Constituents of MICEX from June 18, 2013.
Moscow Exchange Blue Chip Index is an indicator of the market of the most liquid stocks of Russian companies. The index is calculated on the basis of the most liquid stocks of Russian stock market. The Index is based on the prices of shares, denominated in rubles.
More information on the blue chip list you can find following the link http://rts.micex.ru/s921.
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: Magnit is Russia's largest retailer. Founded in 1994 by Sergey Galitskiy, the company is headquartered in the southern Russian city of Krasnodar. As of March 31, 2013, Magnit operates 18 distribution centers and over 7,000 stores (6,209 convenience, 153 hypermarkets, and 713 cosmetics) in more than1,600 cities and towns throughout 7 federal regions of the Russian Federation. In accordance with its audited IFRS consolidated financial statements for year-end 2012, Magnit had revenues of $14.43 billion USD and an EBITDA of $1.52 billion USD. Magnit's local shares are traded on the Moscow Stock Exchange (MICEX: 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 now Europe's 2nd largest retailer. END -0- Jun/13/2013 10:06 GMT