MAGNIT PJSC (MGNT)
Magnit notifies on the transactions by persons discharging managerial responsibilities and persons closely associated with them

28-Sep-2021 / 19:30 MSK
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Magnit notifies on the transactions by persons discharging managerial responsibilities and persons closely associated with them

 

Krasnodar, Russia (September 28, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia's leading retailers, announces the change of ordinary shares stake and share 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 the Company, as well as the related transactions between Jan Gezinus Dunning and his spouse, Olga Dyunning.

 

On September 28, 2021 the Company was notified on the following changes of ordinary shares stake and share in the charter capital owned by Jan Gezinus Dunning:

 

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

July 9, 2021

0.288183%*

0.279111%

0.167145%

0.167145%

*Including 46,226 global depository receipts (GDRs) certifying the rights to ordinary registered shares of PJSC Magnit at a ratio 5 GDRs per 1 ordinary share.

 

The Company was also notified that the changes resulted from the gift of relevant securities by Jan Gezinus Dunning to his spouse, Olga Dyunning. More detailed information is provided below.

 

Notifications 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

a)

Name

Jan Gezinus Dunning

2

Reason for the notification

a)

Position/status

CEO, President, Chairman of the Management Board, member of the Board of Directors of PJSC "Magnit"

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer

a)

Name

Public Joint Stock Company "Magnit"

b)

LEI

2534009KKPTVL99W2Y12

4

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

a)

Description of the financial instrument, type of instrument

Identification code

Share

 

ISIN RU000A0JKQU8

b)

Nature of the transaction

Transfer of securities to a spouse by gift

c)

Price(s) and volume(s)

 

Price

Volume

0

114,106

 

d)

Aggregated information

 - Aggregated volume

 - Price

Price

Aggregated volume

0

114,106

 

e)

Date of the transaction

July 9, 2021

f)

Place of the transaction

outside a trading venue

5

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

a)

Description of the financial instrument, type of instrument

Identification code

Global depositary receipts

 

ISIN US55953Q2021

b)

Nature of the transaction

Transfer of securities to a spouse by gift

c)

Price(s) and volume(s)

 

Price

Volume

0

46,226

 

d)

Aggregated information

 - Aggregated volume

 - Price

Price

Aggregated volume

0

46,226

 

e)

Date of the transaction

July 9, 2021

f)

Place of the transaction

outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Olga Aleksandrovna Dyunning

2

Reason for the notification

a)

Position/status

The notification concerns a person closely associated with a person discharging managerial responsibilities - Jan Gezinus Dunning (CEO, President, Chairman of the Management Board, member of the Board of Directors of PJSC "Magnit")

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer

a)

Name

Public Joint Stock Company "Magnit"

b)

LEI

2534009KKPTVL99W2Y12

4

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

a)

Description of the financial instrument, type of instrument

Identification code

Share

 

ISIN RU000A0JKQU8

b)

Nature of the transaction

Acceptance of securities as a gift from a spouse

c)

Price(s) and volume(s)

 

Price

Volume

0

114,106

 

d)

Aggregated information

 - Aggregated volume

 - Price

Price

Aggregated volume

0

114,106

 

e)

Date of the transaction

July 9, 2021

f)

Place of the transaction

outside a trading venue

5

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

a)

Description of the financial instrument, type of instrument

Identification code

Global depositary receipts

 

ISIN US55953Q2021

b)

Nature of the transaction

Acceptance of securities as a gift from a spouse

c)

Price(s) and volume(s)

 

Price

Volume

0

46,226

 

d)

Aggregated information

 - Aggregated volume

 - Price

Price

Aggregated volume

0

46,226

 

e)

Date of the transaction

July 9, 2021

f)

Place of the transaction

outside a trading venue

 

 

 

 

For further information, please contact:

 

Dina Chistyak

Director for Investor Relations 
dina_chistyak@magnit.ru

Office: +7 (861) 210 9810 x 15101

 

Media Inquiries                    Twitter

press@magnit.ru                    @MagnitIR

 

 

 

 

 

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 June 30, 2021, Magnit operated 39 distribution centers and 22,344 stores (15,348 convenience, 469 supermarkets and 6,527 drogerie stores) in 3,802 cities and towns throughout 7 federal regions of the Russian Federation.

In accordance with the reviewed IFRS 16 results for 1H 2021, Magnit had revenues of RUB 822.2 billion and an EBITDA of RUB 94.4 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.: 123113
EQS News ID: 1236589

 
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