from OJSC 'Magnit' (isin : US55953Q2021)
PJSC Magnit notifies on the transactions by persons discharging managerial responsibilities and persons clearly associated with them (PDMR/PCA)
MAGNIT PJSC (MGNT) PJSC Magnit notifies on the transactions by persons discharging managerial responsibilities and persons clearly associated with them (PDMR/PCA)
Krasnodar, Russia (24 November, 2020): Magnit PJSC (MOEX and LSE: MGNT; the Company, the Group), one of Russia's leading retailers, announces the change of stake in the charter capital of PJSC Magnit owned by Jan Gezinus Dunning, CEO, President, Chairman of the Management Board and member of the Board of Directors of PJSC Magnit.
On November 24, 2020 the Company was notified on the following changes:
[1] including 34,035 Global Depositary Receipts ("GDRs"), which certify the rights in relation to ordinary shares of PJSC "Magnit" at a ratio of 5 GDRs per 1 ordinary share.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
For further information, please contact:
Dmitry Kovalenko Director for Investor Relations Email: dmitry_kovalenko@magnit.ru Office: +7 (861) 210-48-80
Dina Chistyak Director for Investor Relations Email: dina_chistyak@magnit.ru Office: +7 (861) 210-9810 x 15101
Media Inquiries Email: press@magnit.ru 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, 2020, Magnit operated 38 distribution centres and 21,154 stores (14,699 convenience, 469 supermarkets and 5,986 drogerie stores) in 3,819 cities and towns throughout 7 federal regions of the Russian Federation. In accordance with the unaudited IFRS 16 management accounts results for 1H 2020, Magnit had revenues of RUB 763.4 billion and an EBITDA of RUB 86.9 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.: | 88428 |
| EQS News ID: | 1150276 |
| End of Announcement | EQS News Service |