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November 27, 2015 9:44 PM ET

Multiline Retail

Company Overview of JSC Tander

Company Overview

JSC Tander owns and operates convenience stores and hypermarkets. It supplies perfumery, cosmetics, and household chemical goods. The company was founded in 1994 and is based in Krasnodar, Russia. JSC Tander operates as a subsidiary of Public Joint Stock Company Magnit.

15/5, Solnechnaya Street

Krasnodar,  350072


Founded in 1994


7 861 210 9810


7 861 210 9810

Key Executives for JSC Tander

Chief Executive Officer
Compensation as of Fiscal Year 2015.

JSC Tander Key Developments

PJSC Magnit Signs Loan Agreement with JSC Tander

On September 22, 2015, PJSC Magnit (Lender) and JSC Tander (Borrower) executed the related party transaction, according to which the Lender provides the loan of funds to the Borrower which is to be repaid by the Borrower within the period determined by the contract. The repayment of the loan and the interest may be effected by the Borrower in advance, without written notice to the Lender of the loan repayment. The loan amount is RUB 19,620,500,000.00. The maturity date is September 18, 2018. Interest rate is 12.7% per annum. The transaction was approved by the General shareholders meeting on June 4, 2015.

JSC “Tander” Announces Dividend for the Six Months Ended of 2015

PJSC “Magnit” at its board meet held on September 10, 2015, approved to pay dividends on ordinary registered shares of JSC “Tander” following the results of the six months of 2015 reporting year in the amount of RUB 18,000,000,000, which amounts to RUB 1.8 per one ordinary share. To determine the following record date is September 21, 2015. To pay dividends in monetary funds in accordance with the procedure and within the time limit established by the legislation of the Russian Federation.

MAGNIT Signs Credit Agreement with TANDER

On August 11, 2015, MAGNIT singed an interested-party deal - a credit agreement with TANDER. MAGNIT is a lender and TANDER is a borrower. The deal price is RUB 3,890,000,000 that constitutes 4.08% of the book value of the company's assets and the interest rate is 11.8% per annum. The deal term: through August 9, 2018. The deal was approved at the annual general shareholders' meeting on June 4, 2015.

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