Public Joint Stock Magnit : PJSC Magnit notifies on the transactions by persons discharging managerial responsibilities and persons closely associated with them (PDMR/PCA)

MAGNIT PJSC (MGNT) PJSC Magnit notifies on the transactions by persons discharging managerial responsibilities and persons closely associated with them (PDMR/PCA) 25-Nov-2020 / 16:40 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 closely associated with them (PDMR/PCA)   Krasnodar, Russia (25 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 25,2020 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 24, 2020 0.173825%[1] 0.167145% 0,176217 [2] 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. [2] including 46,226 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 ?) Name Jan Gezinus Dunning 2 Reason for the notification ?)   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 ?) 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 ?) 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 12.7547904191617 12,191   d) Aggregated information  - Aggregated volume  - Price Price (EUR) Aggregated volume 12.7547904191617 12,191   e)   Date of the transaction   November24, 2020 f)   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 Director for Investor Relations Email: [e-mail] Office: [phone] x 15101   Media Inquiries Email: [e-mail]   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.:	88524
EQS News ID:	1150578

End of Announcement	EQS News Service