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OJSC 'MAGNIT' (FRA:5M71) MAGNIT PJSC: PJSC 'Magnit' Announces the Decision to Pay Dividends

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MAGNIT PJSC (MGNT)
MAGNIT PJSC: PJSC 'Magnit' Announces the Decision to Pay Dividends

07-Dec-2018 / 09:58 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


Press Release | Krasnodar | December 7, 2018

PJSC "Magnit" Announces the Decision to Pay Dividends

Krasnodar, Russia (December 7, 2018): Magnit PJSC (MOEX and LSE: MGNT; Issuer; Company; Group), one of Russia's leading retailers, announces the decision to pay dividends for the 9 months of 2018 reporting year made by the EGM.

 

The extraordinary general shareholders meeting made the decision to pay dividends on PJSC "Magnit" shares in the total amount of 14,000,581,949.90 rubles which is 137.38 rubles per share following the results of the 9 months of 2018 reporting year.

Type of securities:

ordinary registered uncertified shares, International Securities Identification Number (ISIN) RU000A0JKQU8

State registration number of the securities issue, date of registration:

1-01-60525-P of March 4, 2004

Governance body of the Issuer which made the decision to pay dividends:

General Shareholders Meeting

Date of the decision to pay dividends:

December 6, 2018

Date and the number of the minutes of meeting where the decision to pay dividends was made:

Minutes w/o No. of 06.12.2018

Reporting period which the dividend is paid for:

9 months of 2018 reporting year

Total amount of dividends accrued on shares following the results of the 9 months of 2018 reporting year:

14,000,581,949.90 rubles

The amount of dividend accrued on one share following the results of the 9 months of 2018 reporting year:

137.38 rubles

Form of payment:

monetary funds in the currency of the Russian Federation by bank transfer

Dividend record date:

December 21, 2018

Dividend payment date for nominees:

January 14, 2019

Dividend payment date for the other shareholders:

February 4, 2019

 

For further information, please contact

 

Petr Molchanov    Alisa Kvadzba   Media Inquiries

Chief Investment Officer  IR manager   Media Relations Department

Email: molchanov_ps@magnit.ru  Email: magnitIR@magnit.ru  Email: press@magnit.ru

Office: +7-861-277-4554 x 45000  Office: +7-861-277-4554 x 17601

 

Note to editors:

Public Joint Stock Company "Magnit" is one of Russia's leading retailers. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of September 30, 2018, Magnit operated 37 distribution centers and 17,442 stores (12,813 convenience, 457 supermarkets and 4,172 drogerie stores) in 2,866 cities and towns throughout 7 federal regions of the Russian Federation.

In accordance with the reviewed IFRS consolidated financial statements for 1H 2018, Magnit had revenues of RUB 595 billion and an EBITDA of RUB 44 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.

 



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.: 6796
EQS News ID: 755445

 
End of Announcement EQS News Service

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