July 1, 2013
OJSC "Magnit" Announces the Acquisition of Shares by the Entity under the
Krasnodar, July 1, 2013: OJSC "Magnit", Russia's largest retailer (the
"Company", the "Issuer", MICEX and LSE: MGNT), announces the acquisition of
shares by the entity which is under Issuer's control.
Full company name and joint-stock company "Tander"
185, Levanevskogo street, Krasnodar, Russia
Taxpayer Id Number: 2310031475
Principal State 1022301598549
Object of acquisition: voting shares of the Issuer
Amount of acquired shares: 31 shares (0.00003% of the total equity)
Basis for acquisition: Securities Purchase Agreements executed in the
trading of MICEX Stock Exchange
Amount of votes before 70,659 votes (0.0747% of the total number of votes)
Amount of votes after 70,690 votes (0.07476% of the total number of votes)
Date of acquisition June 21, 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 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.
-0- Jul/01/2013 12:43 GMT
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