Press-release Krasnodar January 14, 2014 OJSC "Magnit" Announces Change of Share in the Charter Capital Krasnodar, January 14, 2014: 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 0.00835% to 0.0084%. 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 0.00835% change: Ordinary shares stake before 0.00835% change: Share in charter capital after 0.0084% change: Ordinary shares stake after 0.0084% change: Date of change of share in the January 13, 2014 charter capital: Date of the fact being January 14, 2014 reported: For further information, please contact: Timothy Post Director, Investor Relations Email: firstname.lastname@example.org Office: +7-861-277-4554 x7600 Mobile: +7-961-511-7678 Direct Line: +7-861-277-4562 Dina Svishcheva Deputy Director, Investor Relations Email: Chistyak@gw.tander.ru Office: +7-861-277-45-54 x5101 Mobile: +7-961-511-0202 Direct Line: +7-861-277-4562 Company description: Magnit is Russia's largest retailer. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of December 31, 2013, Magnit operated 22 distribution centers and over 8,000 stores (7,200 convenience, 207 hypermarkets, and 686 cosmetics) in more than 1,868 cities and towns throughout 7 federal regions of the Russian Federation. In accordance with its reviewed IFRS consolidated financial statements, Magnit had 1H 2013 revenues of $8.7 billion USD and an EBITDA of $890 million 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 food retailer. END -0- Jan/14/2014 13:15 GMT
OJSC MAGNIT: Change of Share
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