Press Release | Krasnodar | December 7, 2018
PJSC "Magnit" Announces the Decision to Pay Dividends
Krasnodar, Russia (December 7, 2018): Magnit PJSC (MOEX and LSE: MGNT; Issuer; Company; Group), one of Russia's leading retailers, announces the decision to pay dividends for the 9 months of 2018 reporting year made by the EGM.
The extraordinary general shareholders meeting made the decision to pay dividends on PJSC "Magnit" shares in the total amount of 14,000,581,949.90 rubles which is 137.38 rubles per share following the results of the 9 months of 2018 reporting year.
Type of securities:
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ordinary registered uncertified shares, International Securities Identification Number (ISIN) RU000A0JKQU8
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State registration number of the securities issue, date of registration:
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1-01-60525-P of March 4, 2004
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Governance body of the Issuer which made the decision to pay dividends:
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General Shareholders Meeting
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Date of the decision to pay dividends:
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December 6, 2018
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Date and the number of the minutes of meeting where the decision to pay dividends was made:
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Minutes w/o No. of 06.12.2018
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Reporting period which the dividend is paid for:
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9 months of 2018 reporting year
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Total amount of dividends accrued on shares following the results of the 9 months of 2018 reporting year:
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14,000,581,949.90 rubles
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The amount of dividend accrued on one share following the results of the 9 months of 2018 reporting year:
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137.38 rubles
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Form of payment:
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monetary funds in the currency of the Russian Federation by bank transfer
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Dividend record date:
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December 21, 2018
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Dividend payment date for nominees:
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January 14, 2019
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Dividend payment date for the other shareholders:
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February 4, 2019
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For further information, please contact
Petr Molchanov Alisa Kvadzba Media Inquiries
Chief Investment Officer IR manager Media Relations Department
Email: molchanov_ps@magnit.ru Email: magnitIR@magnit.ru Email: press@magnit.ru
Office: +7-861-277-4554 x 45000 Office: +7-861-277-4554 x 17601
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, 2018, Magnit operated 37 distribution centers and 17,442 stores (12,813 convenience, 457 supermarkets and 4,172 drogerie stores) in 2,866 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the reviewed IFRS consolidated financial statements for 1H 2018, Magnit had revenues of RUB 595 billion and an EBITDA of RUB 44 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.