June 26, 2013
OJSC "Magnit" Announces Change of Share in the Charter Capital
Krasnodar, June 26, 2013: OJSC "Magnit", Russia's largest retailer (the
"Company"; MICEX and LSE: MGNT), announces change of share in the charter
capital of OJSC "Magnit" (ordinary shares stake) owned by Marina Ivanova, the
member of the OJSC "Magnit" Management Board, from 0.00685% to 0.00688%.
Name and position of the Marina Ivanova, the member of the OJSC "Magnit"
person: Management Board
Company: Open joint-stock company "Magnit", 15/5,
Solnechnaya street, Krasnodar, Russia
Share in charter capital before 0.00685%
Ordinary shares stake before 0.00685%
Share in charter capital after 0.00688%
Ordinary shares stake after 0.00688%
Date of change of share in the June 25, 2013
Date of the fact being June 26, 2013
For further information, please contact:
Timothy Post Director, Investor Relations
Office: +7-861-277-4554 x7600
Direct Line: +7-861-277-4562
Dina Svishcheva Deputy Director, Investor Relations
Tel. in Krasnodar +7 (861) 277-45-54,
210-98-10 ext. 5101
Direct line for investors only: +7
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 than 1,600 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.
-0- Jun/26/2013 10:13 GMT
Press spacebar to pause and continue. Press esc to stop.