Magnit : PJSC 'Magnit' Announces the Acquisition of Shares by JSC 'Tander'

MAGNIT PJSC (MGNT) PJSC 'Magnit' Announces the Acquisition of Shares by JSC 'Tander' 08-Apr-2019 / 17:21 MSK Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. Press Release | Krasnodar | April8, 2019   PJSC "Magnit" Announces the Acquisition of Shares by JSC "Tander"   Krasnodar, Russia (April8, 2019): PJSC "Magnit"(MOEX and LSE: MGNT; Issuer; Company, Group), one of Russia's leading retailers, announces the acquisition of shares by the entity under its control (JSC "Tander").   Full Company Name and Address Joint Stock Company "Tander" 185 Levanevskogo street, Krasnodar, Russian Federation Taxpayer Id. Number 2310031475 Principal State Registration Number 1022301598549 Object of Acquisition Ordinary Registered Uncertified Voting Shares State Registration No. 1-01-60525-P of 04.03.2004 International Securities Identification Number (ISIN) RU000A0JKQU8 Date of Acquisition April5, 2019 Date of the Fact being Reported to the Issuer April8, 2019 Number of Acquired Shares 31,631shares 0.031038% of the total number of voting shares Basis for Acquisition Agreement No. 7700976 TAN of September 04, 2018 on opening a brokerage account and terms of brokerage between JSC "Tander" and Renaissance Broker Limited Number of Votes before Acquisition 4,444,618votes 4.361259%of the total number of votes Number of Votes after Acquisition 4,476,249votes 4.392297%of the total number of votes           For further information, please contact:   Dmitry Kovalenko    Media Inquiries Director for Investor Relations   Media Relations Department Email: [e-mail]   Email: [e-mail] Office: [phone]      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 December 31, 2018, Magnit operated 37 distribution centers and 18,399 stores (13,427 convenience, 467 supermarkets and 4,505 drogerie stores) in 2,976 cities and towns throughout 7 federal regions of the Russian Federation.   In accordance with the audited IFRS results for 2018, Magnit had revenues of RUB 1,237 billion and an EBITDA of RUB 90 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.:	8133
EQS News ID:	797167

End of Announcement	EQS News Service