Magnit : PJSC “Magnit” notifies on the transactions by persons discharging managerial responsibilities and persons closely associated with them

Press Release | Krasnodar | June 7, 2019

PJSC "Magnit" notifies on the transactions by persons discharging managerial responsibilities and persons closely associated with them

Krasnodar, Russia (June 7, 2019): Magnit PJSC (MOEX and LSE: MGNT), one of Russia's leading retailers announces the change of stake of ordinary shares in the charter capital of PJSC "Magnit" owned by the President, member of the Management Board and Board of Directors of PJSC "Magnit" Dunning Jan Gezinus and member of the Management Board Talvitie Jyrki Petteri.

On June 6, 2019 the Company was notified on the following change of share in the charter capital.

Name of the member of the

Share in the charter capital before

Ordinary shares stake

Share in the charter capital

Ordinary shares stake after

Management Board

Date of change

change

before change

after change

change

Dunning Jan Gezinus

June 5, 2019

0.080810%

0.080810%

0.103775%

0.103775%

Talvitie Jyrki Petteri

June 5, 2019

0%

0%

0.000469%

0.000469%

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

Dunning Jan Gezinus

2

Reason for the notification

а)

Position/status

President (member of the PJSC "Magnit"

collective executive

body (Management Board), member of the Board of Directors

б)

Initial notification/ Amendment

Initial notification

3

Details of the issuer

а)

Name

Public Joint Stock Company "Magnit"

б)

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,			Share
type of instrument Identification code			ISIN RU000A0JKQU8
	Nature of the transaction			Acquisition of PJSC "Magnit" shares under the Shares Purchase
б)				Agreement executed with JSC "Tander" pursuant to Long-Term
			Remuneration Program for key employees of JSC "Tander" and
				PJSC "Magnit".
	Price(s) and volume(s)
в)				Price		volume
				3,659		23,404
г)	Aggregated information			Price		Aggregated volume
- Aggregated volume
	- Price			3,659		23,404
д)	Date of the transaction			June 5, 2019
е)	Place of the transaction			outside a trading venue

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	Talvitie Jyrki Petteri
2	Reason for the notification
а)	Position/status	member of the PJSC "Magnit" collective executive body
	(Management Board)
б)	Initial notification/ Amendment	Initial notification
3	Details of the issuer

а)	Name			Public Joint Stock Company "Magnit"
б)	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,			Share
type of instrument Identification code			ISIN RU000A0JKQU8
	Nature of the transaction			Acquisition of PJSC "Magnit" shares under the Shares Purchase
б)				Agreement executed with JSC "Tander" pursuant to Long-Term
			Remuneration Program for key employees of JSC "Tander" and
				PJSC "Magnit".
	Price(s) and volume(s)
в)				Price	volume
				3,659		478
г)	Aggregated information			Price	Aggregated volume
- Aggregated volume
	- Price			3,659		478
д)	Date of the transaction			June 5, 2019
е)	Place of the transaction			outside a trading venue

For further information, please contact:

Dmitry Kovalenko Director for Investor Relations Email: [e-mail] Office: [phone]

Dina Chistyak	Media Inquiries
Director for Investor Relations	Media Relations Department
Email: [e-mail]	Email: [e-mail]
Office: [phone] x 15101

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 March 31, 2019, Magnit operated 38 distribution centres and 19,223 stores (13,909 convenience, 467 supermarkets and 4,847 drogerie stores) in 3,077 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.