13jul

Forward.

It’s weird when I see old entries about you, how I wrote about you, I can’t even remember how it felt anymore. I know when I wrote that, all the thoughts and feelings that came with it were true. I remember you, us, the good and the bad, but in a bit of a blur. I get flashes of memories we’ve shared, but it doesn’t stir up something within me like it did before. It took me more than a year to get over you, and when I did, finally, I felt at peace with myself again. I felt lighter, happier.

PJSC “Magnit” Announces the Changes of Share in the Charter Capital

PJSC “Magnit” Announces the Changes of Share in the Charter Capital

Press-release-Change of Share- Shkhachemukov-13Jul-eng Press-release Krasnodar July 13, 2015

PJSC ‘Magnit’ Announces the Changes of Share in the Charter Capital

Krasnodar, July 13, 2015: PJSC 'Magnit’, Russia’s largest food retailer (the 'Company’; MOEX and LSE: MGNT), announces the changes of share of the PJSC 'Magnit’ Board of Directors member in the charter capital.

On July 13, 2015 the Company was notified of the following changes of share of Aslan Shkhachemukov, the Board of Directors member, in the charter capital.

For further information, please contact:

Timothy Post Director, Investor Relations
Email: post@magnit.ru
Office: +7-861-277-4554 x 17600
Mobile: +7-961-511-7678
Direct Line: +7-861-277-4562
Dina Svishcheva Deputy Director, Investor Relations
Email: Chistyak@magnit.ru
Office: +7-861-277-45-54 x 15101
Mobile: +7-961-511-0202
Direct Line: +7-861-277-4562

Company description:

Magnit is Russia’s largest food retailer. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of June 30, 2015, Magnit operated 29 distribution centers and over 10,700 stores (8,890 convenience, 311 hypermarkets, and 1,527 drogerie stores) in approximately 2,233 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the audited IFRS consolidated financial statements for 2014, Magnit had revenues of RUB 764 billion and an EBITDA of RUB 86 billion. Magnit’s local shares are traded on the Moscow Stock 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+. Measured by market capitalization, Magnit is one of the largest retailers in Europe.