Magnit

Magnit Announces the Results of the Board Meeting

Monday, May 17, 2021 - 6:04pm

b'Dissemination of a Regulatory Announcement, transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\nKrasnodar, Russia (17 May, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia\'s leading retailers, announces the results of the Board of Directors meeting held on May 17, 2021 (minutes are w/o No.

Key Points: 
  • b'Dissemination of a Regulatory Announcement, transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\nKrasnodar, Russia (17 May, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia\'s leading retailers, announces the results of the Board of Directors meeting held on May 17, 2021 (minutes are w/o No.
  • of May 17, 2021).\nThe Board of Directors of the Company has approved the calculations for the implementation of the Long-Term Incentive Program for Key Employees of JSC Tander and PJSC Magnit (hereinafter - the LTI Program) in the year 2021, pursuant to paragraph 5.8 of the Regulations on the LTI Program.\nThe Board of Directors has made a decision to determine the total number of Shares to be provided to the Participants within the Tranche for 2021 (based on 2020 results) in line with the LTI Program, their distribution among the Participants and term of payment for the first part of the Tranche, and to grant the certain Participants of the LTI Program the right to purchase all or a part of Shares from the Tranche for the year 2021 (based on the results of the year 2020).\nThe Board has determined the total number of Shares to be provided to the Participants within the Tranche for 2020 (based on 2019 results) in line with the LTI Program, the distribution of such shares among the Participants and terms of payment for the second part of the Tranche, and also the total number of Shares for the third part of the tranche for the year 2019 (based on 2018 results) to be provided to the Participants in line with the LTI Program, the distribution of such shares among the Participants and terms of payment for such Shares.\nThe Board has also approved the List of Positions of Employees of JSC "Tander" and PJSC "Magnit", covered by the LTI Program, as amended, as well as the drafts of Addendums to the Shares Purchase Agreements under the LTI Program with certain Participants.\nPlease follow the link below to view full results of the Board meeting:\n'

Magnit announces the coupon yield payment

Tuesday, May 4, 2021 - 2:16pm

b'Dissemination of a Regulatory Announcement, transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\nKrasnodar, Russia (May 4, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia\'s leading retailers, announces the 3rd coupon yield payment against bonds.\nPlease be informed that today PJSC Magnit fulfilled its obligation of the 3rd coupon yield payment against bonds of the BO-003P-04 series in the amount of 344,100,000 rubles.\nNon-convertible interest-bearing certified exchange-traded bonds of PJSC "Magnit" of the BO-003P-04 series to the bearer with obligatory centralized custody, placed under the Program of the exchange-traded bonds with the identification number 4-60525-P-003P-02E of 30.01.2018, International Securities Identification Number (ISIN) RU000A100ZS3\nRegistration number of the securities issue and the date of its assignment:\nReporting (coupon) period which the yield is paid for:\nThe total amount of the interest to be paid against bonds:\nThe amount of the interest to be paid against one bond:\nThe total number of bonds against which the yield is paid:\nThe date of the obligation fulfilment:\nThe total amount of the interest paid against bonds following the reporting period:\nFollowing the 3rd coupon period the amount of 344,100,000.00 (Three hundred and forty four million one hundred thousand) rubles was paid excluding tax and other deductions.

Key Points: 
  • b'Dissemination of a Regulatory Announcement, transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\nKrasnodar, Russia (May 4, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia\'s leading retailers, announces the 3rd coupon yield payment against bonds.\nPlease be informed that today PJSC Magnit fulfilled its obligation of the 3rd coupon yield payment against bonds of the BO-003P-04 series in the amount of 344,100,000 rubles.\nNon-convertible interest-bearing certified exchange-traded bonds of PJSC "Magnit" of the BO-003P-04 series to the bearer with obligatory centralized custody, placed under the Program of the exchange-traded bonds with the identification number 4-60525-P-003P-02E of 30.01.2018, International Securities Identification Number (ISIN) RU000A100ZS3\nRegistration number of the securities issue and the date of its assignment:\nReporting (coupon) period which the yield is paid for:\nThe total amount of the interest to be paid against bonds:\nThe amount of the interest to be paid against one bond:\nThe total number of bonds against which the yield is paid:\nThe date of the obligation fulfilment:\nThe total amount of the interest paid against bonds following the reporting period:\nFollowing the 3rd coupon period the amount of 344,100,000.00 (Three hundred and forty four million one hundred thousand) rubles was paid excluding tax and other deductions.
  • Obligation has been fulfilled in full.\n'

UnionPay Rewards Its Cardholders with Bonus Points Earning in Magnit Supermarket

Friday, April 30, 2021 - 9:41am

b'MOSCOW, April 30, 2021 /PRNewswire/ -- UnionPay International (UPI) and Magnit, one of Russia\'s leading food retail chains, are co-launching the additional points-earning campaign.

Key Points: 
  • b'MOSCOW, April 30, 2021 /PRNewswire/ -- UnionPay International (UPI) and Magnit, one of Russia\'s leading food retail chains, are co-launching the additional points-earning campaign.
  • The Magnit chain of stores is one of the leading food retail chains in Russia.
  • Now UnionPay payment acceptance network has expanded to 180 countries and regions, and 70 countries and regions have issued UnionPay cards.
  • Over 1.6 million POS terminals accept UnionPay cards with QuickPass contactless payment technology, and over 3 million UnionPay cards have been issued in Russia.\n'

Magnit announces the coupon yield payment

Wednesday, April 28, 2021 - 6:14pm

b'Dissemination of a Regulatory Announcement, transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\nKrasnodar, Russia (April 28, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia\'s leading retailers, announces the 2nd coupon yield payment against bonds.\nPlease be informed that today PJSC Magnit fulfilled its obligation of the 2nd coupon yield payment against bonds of the BO-002P-02 series in the amount of 334,100,000 rubles.\nNon-convertible interest-bearing uncertified exchange-traded bonds of PJSC "Magnit" of the BO-002P-02 series to the bearer with centralized registration of rights, placed under the Program of the exchange-traded bonds with the identification number\nRegistration number of the securities issue and the date of its assignment:\nReporting (coupon) period which the yield is paid for:\nThe total amount of the interest to be paid against bonds:\nThe amount of the interest to be paid against one bond:\nThe total number of bonds against which the yield is paid:\nThe date of the obligation fulfilment:\nThe total amount of the interest paid against bonds following the reporting period:\nFollowing the 2nd coupon period the amount of 334,100,000.00 (Three hundred and thirty four million one hundred thousand) rubles was paid excluding tax and other deductions.

Key Points: 
  • b'Dissemination of a Regulatory Announcement, transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\nKrasnodar, Russia (April 28, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia\'s leading retailers, announces the 2nd coupon yield payment against bonds.\nPlease be informed that today PJSC Magnit fulfilled its obligation of the 2nd coupon yield payment against bonds of the BO-002P-02 series in the amount of 334,100,000 rubles.\nNon-convertible interest-bearing uncertified exchange-traded bonds of PJSC "Magnit" of the BO-002P-02 series to the bearer with centralized registration of rights, placed under the Program of the exchange-traded bonds with the identification number\nRegistration number of the securities issue and the date of its assignment:\nReporting (coupon) period which the yield is paid for:\nThe total amount of the interest to be paid against bonds:\nThe amount of the interest to be paid against one bond:\nThe total number of bonds against which the yield is paid:\nThe date of the obligation fulfilment:\nThe total amount of the interest paid against bonds following the reporting period:\nFollowing the 2nd coupon period the amount of 334,100,000.00 (Three hundred and thirty four million one hundred thousand) rubles was paid excluding tax and other deductions.
  • Obligation has been fulfilled in full.\n'

Magnit Launches its Own Delivery Service from Magnit Cosmetic Stores in Regions

Tuesday, April 27, 2021 - 10:02am

Prices and discounts for the Internet service are identical to those in brick-and-mortar Chain stores.\n"In April, we started to roll out our own express delivery service of products from Magnit Convenience stores in regions, and now we are taking the delivery from Magnit Cosmetic stores beyond Krasnodar.

Key Points: 
  • Prices and discounts for the Internet service are identical to those in brick-and-mortar Chain stores.\n"In April, we started to roll out our own express delivery service of products from Magnit Convenience stores in regions, and now we are taking the delivery from Magnit Cosmetic stores beyond Krasnodar.
  • "\nIn total, Magnit currently runs seven online delivery projects, both independently and in cooperation with partners.
  • The average ticket of the Company\'s own delivery service is up to RUB 1,400, which is almost 3.8 times higher than in the convenience stores (RUB 372 in 1Q 2021).
  • During 2021, the Company plans to expand online delivery adding at least 1,500 convenience, drogerie and large-format stores in more than 50 regions across Russia.\n'

Magnit Sums Up the Results of its Work in Sustainability for 2020

Tuesday, April 27, 2021 - 8:01am

The Company has released more non-financial metrics this year, striving to meet stakeholder expectations, and refined historical data on environmental indicators.

Key Points: 
  • The Company has released more non-financial metrics this year, striving to meet stakeholder expectations, and refined historical data on environmental indicators.
  • Magnit took measures to protect health of its employees and customers, substantially immediately, when the threat of mass infection became known.
  • In 2020, the Company saw 5.4% increase in procurement from local producers, while expanding the number thereof from 2,371 to 2,422.
  • We continue to work on all focus areas of the Strategy and feel quite confident in achieving our strategic goals by 2025".\nThe full version of Magnit 2020 sustainability report can be found here:\n'

Magnit Announces the Publication of its 2020 Annual Report

Monday, April 26, 2021 - 5:16pm

b"Dissemination of a Regulatory Announcement, transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\nKrasnodar, Russia (26 April, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia's leading retailers, announces the publication of its 2020 Annual Report.\nPlease be informed that the 2020 Annual Report has been preliminary approved by the Board of Directors of PJSC Magnit on April 21, 2021 (Minutes w/o No.

Key Points: 
  • b"Dissemination of a Regulatory Announcement, transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\nKrasnodar, Russia (26 April, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia's leading retailers, announces the publication of its 2020 Annual Report.\nPlease be informed that the 2020 Annual Report has been preliminary approved by the Board of Directors of PJSC Magnit on April 21, 2021 (Minutes w/o No.
  • of April 24, 2021) and is now available on the official website of PJSC Magnit.\nPlease follow the link https://www.magnit.com/ru/disclosure/annual-reports/ to view the English version of the report and https://www.magnit.com/en/disclosure/annual-reports/ for the Russian version.\n2020 Annual Report will soon be available at https://data.fca.org.uk/#/nsm/nationalstoragemechanism as well.\n"

Magnit Announces the Results of the Board Meeting, Including the Decision to Call the AGM and the AGM Record Date

Monday, April 26, 2021 - 8:01am

b'Out of ten nominees only Sergey Zakharov is not a member of the current Board of Directors.\nThe Board elected Egor Shumilin to the Management Board of PJSC Magnit effective from April 26, 2021 and Francesco Fiamingo from the date of receipt of the corresponding permission by PJSC Magnit from Francesco Fiamingo.\nThe Board approved the remuneration to the members of the Management Board and the other key employees of PJSC Magnit group of companies following the results of 2020.\nThe Board has changed the total number of participants of the Long-Term Incentive (LTI) Programme for Key Employees of JSC Tander and PJSC Magnit and approved the List of PJSC Magnit and JSC Tander employee positions covered by the Programme in the new edition.\nThe Board has also reviewed the report on the external evaluation of PJSC Magnit Board of Directors prepared by an independent assessor, preliminary approved the Annual Report of PJSC Magnit for 2020, approved the Report on related party transactions made by PJSC Magnit in 2020, reviewed the Audited Financial results of PJSC Magnit and its subsidiaries for the full year 2020 in accordance with IFRS, determined the amount of remuneration for the auditor services for 2021, approved PJSC Magnit 2020 sustainability report, Regulations on the information policy of PJSC Magnit in the new edition, Regulations on the Committees of the Board of Directors of PJSC Magnit in the new edition, etc.\nPlease follow the link below to view full results of the Board meeting:\nItems of the agenda of PJSC Magnit Board of Directors are related to the exercise of rights on ordinary registered uncertified shares, state registration number 1-01-60525-P of 04.03.2004, International Stock Identification Number (ISIN) RU000A0JKQU8.\nThis announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation which came into effect on 3 July 2016.\n'

Key Points: 
  • b'Out of ten nominees only Sergey Zakharov is not a member of the current Board of Directors.\nThe Board elected Egor Shumilin to the Management Board of PJSC Magnit effective from April 26, 2021 and Francesco Fiamingo from the date of receipt of the corresponding permission by PJSC Magnit from Francesco Fiamingo.\nThe Board approved the remuneration to the members of the Management Board and the other key employees of PJSC Magnit group of companies following the results of 2020.\nThe Board has changed the total number of participants of the Long-Term Incentive (LTI) Programme for Key Employees of JSC Tander and PJSC Magnit and approved the List of PJSC Magnit and JSC Tander employee positions covered by the Programme in the new edition.\nThe Board has also reviewed the report on the external evaluation of PJSC Magnit Board of Directors prepared by an independent assessor, preliminary approved the Annual Report of PJSC Magnit for 2020, approved the Report on related party transactions made by PJSC Magnit in 2020, reviewed the Audited Financial results of PJSC Magnit and its subsidiaries for the full year 2020 in accordance with IFRS, determined the amount of remuneration for the auditor services for 2021, approved PJSC Magnit 2020 sustainability report, Regulations on the information policy of PJSC Magnit in the new edition, Regulations on the Committees of the Board of Directors of PJSC Magnit in the new edition, etc.\nPlease follow the link below to view full results of the Board meeting:\nItems of the agenda of PJSC Magnit Board of Directors are related to the exercise of rights on ordinary registered uncertified shares, state registration number 1-01-60525-P of 04.03.2004, International Stock Identification Number (ISIN) RU000A0JKQU8.\nThis announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation which came into effect on 3 July 2016.\n'

Magnit Plans to Open Official Office in Uzbekistan

Tuesday, April 6, 2021 - 11:01am

Krasnodar, Russia (April 6, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, plans to open an official office in the Republic of Uzbekistan.

Key Points: 
  • Krasnodar, Russia (April 6, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, plans to open an official office in the Republic of Uzbekistan.
  • By opening such an office, Magnit will be able to ramp up its exports as well as drive development of imports from countries of Central Asia and the Middle East.
  • In this regard, Magnit considers the Republic of Uzbekistan as a key partner for direct import of food products, primarily fruits, and light industry goods.
  • The opening of our office in Uzbekistan will ensure proper cooperation with foreign partners and enable us to develop our export and import operations, which we are very interested in.

Magnit Opens Ten Discounters in March

Monday, April 5, 2021 - 9:00am

Krasnodar, Russia (April 5, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, opened ten My Price discounters in March.

Key Points: 
  • Krasnodar, Russia (April 5, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, opened ten My Price discounters in March.
  • In early March, the Company opened discounters in Omsk and Yaroslavskaya village (Krasnodar Region).
  • This allows Magnit to control the cost and quality of goods on the shelf.
  • The discounters opened at the premises previously occupied by Magnit Convenience stores show an average 20% increase in LFL sales, mainly driven by growth in LFL traffic.