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)
24-Nov-2020 / 16:30 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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:
Name
Date of change
Share in the charter capital before change
Ordinary shares stake before change
Share in the charter capital after change
Ordinary shares stake after change
Jan Gezinus Dunning
November 23, 2020
0.167145%
0.167145%
0.173825%[1]
0.167145%
[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
1
Details of the person discharging managerial responsibilities/person closely associated
а)
Name
Jan Gezinus Dunning
2
Reason for the notification
а)
Position/status
CEO, President, Chairman of the Management Board and member of the Board of Directors of PJSC "Magnit".
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer
а)
Name
Public Joint Stock Company "Magnit"
b)
LEI
2534009KKPTVL99W2Y12
4.1
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
а)
Description of the financial instrument, type of instrument Identification code
Global depositary receipts
ISIN US55953Q2021
b)
Nature of the transaction
Acquisition of PJSC "Magnit" global depositary receipts
c)
Price(s) and volume(s)
Price (EUR)
volume
12.7649786983987
34,035
d)
Aggregated information
- Aggregated volume
- Price
Price (EUR)
Aggregated volume
12.7649786983987
34,035
e)
Date of the transaction
November 23, 2020
f)
Place of the transaction
outside a trading venue
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