MAGNIT PJSC (MGNT)
Magnit announces the transactions by the person closely associated with persons discharging managerial responsibilities

17-Feb-2022 / 18:00 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


 

 

MAGNIT announces the transactions by the person closely associated with persons discharging managerial responsibilities

 

 

Krasnodar, February 17, 2022: Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, announces the transactions by the person closely associated with persons discharging managerial responsibilities.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Marathon Retail Limited Liability Company

2

Reason for the notification

a)

Position/status

The notification concerns a person closely associated with the persons discharging managerial responsibilities - Vinokurov Alexander Semenovich and Zakharov Sergey Mihailovich (members of the Board of Directors of PJSC "Magnit")

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer

a)

Name

Public Joint Stock Company "Magnit"

b)

LEI

2534009KKPTVL99W2Y12

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code

Shares

ISIN RU000A0JKQU8

b)

Nature of the transaction

Subsequent pledge of PJSC «Magnit» shares under the Agreement

c)

 

Price(s) and volume(s)

 

 

Price (RUB)

 

Volume

5,075

1,995,356

 

d)

 

Aggregated information

 - Aggregated volume

 - Price

 

 

Price (RUB)

 

Aggregated Volume

5,075

1,995,356

 

e)

Date of the transaction

2022-02-14

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 

For further information, please contact:

 

Dina Chistyak

Head of Investor Relations 
dina_chistyak@magnit.ru

Office: +7 (861) 210 9810 x 15101

 

Media Inquiries                    Twitter

press@magnit.ru                    @MagnitIR

 

 

 

 

 

 

 

Note to editors

 

"Magnit" is one of Russia's leading retailers. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of December 31, 2021, Magnit operated 45 distribution centers and 26,077 stores in 3,898 cities and towns throughout 7 federal regions of the Russian Federation.

In accordance with the unaudited IFRS 16 management accounts results for FY 2021, Magnit had revenues of RUB 1,856 billion and an EBITDA of RUB 214 billion. Magnit's local shares are traded on the Moscow Exchange (MOEX: MGNT) and its GDRs on the London Stock Exchange (LSE: MGNT) and it has a credit rating from Standard & Poor's of BB+.

 


 

Forward-looking statements

 

This document contains or may contain forward-looking statements that may or may not prove accurate. For example, statements regarding expected sales growth rate and/or store openings are forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from what is expressed or implied by the statements. Any forward-looking statement is based on information available to Magnit as of the date of the statement. All written or oral forward-looking statements attributable to Magnit are qualified by this caution. Magnit does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances.

 



ISIN: US55953Q2021
Category Code: MSCU
TIDM: MGNT
LEI Code: 2534009KKPTVL99W2Y12
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 143808
EQS News ID: 1282611

 
End of Announcement EQS News Service

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UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.