Tander | Jotup

Magnit announces the holding of the Board of Directors meeting

Retrieved on:

Monday, November 8, 2021

Dissemination of a Regulatory Announcement, transmitted by EQS Group.

Key Points:

Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Krasnodar, Russia (November 8, 2021): Magnit PJSC (MOEX and LSE: MGNT; Magnit, the Company), one of Russia's leading retailers, announces the holding of the Board of Directors meeting.
On November 3, 2021 the Chairman of the Board of Directors made the decision to hold the BOD meeting of PJSC "Magnit" on November 9, 2021 the agenda of which includes, among others, the following items:
Approval of recommendations to the extraordinary general shareholders meeting on the dividend amount on PJSC "Magnit" shares following the results of 9 months of 2021 reporting year, the procedure of its payment and the dividend record date;
Determination of the deadline for submitting the voting ballots;
Determination of the postal address for submitting the completed voting ballots;
Determination of the record date for PJSC "Magnit" extraordinary general shareholders meeting;
Determination of the list of information (materials) to be provided to shareholders in the process of preparation for the extraordinary general shareholders meeting of PJSC "Magnit" and the procedure for its provision;
Determination of the position of the Board of Directors of PJSC "Magnit" on the agenda items of the extraordinary general shareholders meeting;
Election of the PJSC "Magnit" collegial executive body (Management Board) member;
Approval of the Regulations on Committees of the Board of Directors of PJSC "Magnit" in the new edition.

Magnit completes acquisition of DIXY

Retrieved on:

Thursday, July 22, 2021

Retailing, Retailers, Dixy, Magnit, Service companies, Tander, Megamart

The parties have closed the transaction through Magnit's main operating subsidiary JSC "Tander" having acquired 100% of shares in DIXY Holding Limited (Cyprus).

Key Points:

The parties have closed the transaction through Magnit's main operating subsidiary JSC "Tander" having acquired 100% of shares in DIXY Holding Limited (Cyprus).
The DIXY business is expected to remain a separate legal entity with the stores operating under the existing brands.
Depending on the quality of locations, the overlap with the existing Magnit stores, operational and financial performance, some adjustments to the Dixy and Megamart chains are possible at a later stage.
We are pleased to welcome a team of over 40,000 strong professionals at Dixy to the Magnit family.

Magnit announces approval by the Federal Antimonopoly Service of the DIXY business acquisition

Retrieved on:

Friday, July 16, 2021

Magnit, Retailing, Retailers, Dixy, Tander, Service companies, Federal Antimonopoly Service, Fas, Megamart

Krasnodar, Russia (July 15, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia's leading retailers, announces it has received an approval from the Federal Antimonopoly Service ("FAS") in connection with the acquisition of 100% shares of the DIXY Holding Limited (Cyprus) by JSC "Tander", main operating vehicle of Magnit.

Key Points:

Krasnodar, Russia (July 15, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia's leading retailers, announces it has received an approval from the Federal Antimonopoly Service ("FAS") in connection with the acquisition of 100% shares of the DIXY Holding Limited (Cyprus) by JSC "Tander", main operating vehicle of Magnit.
According to the agreement Magnit acquires a holding entity for a group of companies that operate convenience stores under the DIXY brand and superstores under the Megamart brand in three federal districts.
As part of the transaction Magnit will also acquire distribution centers and a truck fleet.
No further approvals after today's clearance by Federal Antimonopoly Service are required.

Magnit Announces the Results of the Board Meeting

Retrieved on:

Thursday, May 27, 2021

Magnit, VTB Bank, Tander, Companies, Economy of Russia, Service companies

Krasnodar, Russia (27 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 27, 2021 (minutes are w/o No.

Key Points:

Krasnodar, Russia (27 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 27, 2021 (minutes are w/o No.
The Board of Directors of PJSC Magnit agreed on the possibility for JSC Tander (Magnit main operating subsidiary) to enter into the Letter of Credit Agreement with VTB Bank PJSC.
The Board considered this issue in line with the best corporate governance practice given that two members of the Board (Tim Demchenko and Alexey Makhnev) are related to VTB Bank PJSC.
The Board decision was made based on the voting results of seven out of nine Directors, five out of them are independent.

Magnit Announces the Results of the Board Meeting

Retrieved on:

Monday, May 17, 2021

Magnit, Tander

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

Retrieved on:

Monday, April 26, 2021

Magnit, Tander, PJSC, Companies

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'

PJSC Magnit notifies on the transactions by persons discharging managerial responsibilities and persons clearly associated with them (PDMR/PCA)

Retrieved on:

Tuesday, February 9, 2021

Magnit, Tander

Dissemination of a Regulatory Announcement, transmitted by EQS Group.

Key Points:

Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
On February 8, 2021 as part of the fulfillment of obligations under the employment contract dated January 18, 2019, JSC Tander made the third (last) payment and transferred the remaining 25% of the fixed number of shares - 41,178 ordinary shares of PJSC Magnit - to Jan Dunning.
His share in the charter capital of PJSC Magnit increased to 0.216623%.

MAGNIT PJSC: Magnit announces the results of the Board meeting

Retrieved on:

Thursday, September 10, 2020

Magnit, Tander, Dividend, Companies, Economy of Russia

Press Release | Krasnodar | September 10, 2020

Key Points:

Press Release | Krasnodar | September 10, 2020
Krasnodar, Russia (September 10, 2020): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia's leading retailers, announces the results of the Board of Directors meeting.
Please be informed that the meeting of the Board of Directors was held on September 9, 2020 (minutes are w/o No.
The Board approved the payment of JSC "Tander" dividends in the amount of 25 billion Rubles (2.50 Rubles per one ordinary share) to PJSC "Magnit" as its sole shareholder.
Please follow the link below to view full results of the Board meeting:

Magnit Announces Changes in the Financial Block

Retrieved on:

Wednesday, July 15, 2020

Magnit, Tander, PJSC, Economy of Russia, Companies

Press-Release | Krasnodar | July 15, 2020

Key Points:

Press-Release | Krasnodar | July 15, 2020
Krasnodar, July 15, 2020: Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia's leading retailer, announces changes in the financial block.
Elena Milinova who held the position of the Chief Financial Officer made a decision to leave the Company.
From July 15, 2020, Dmitry Ivanov is appointed acting Chief Financial Officer of JSC Tander.
On July 14, 2020 Board of Directors of PJSC Magnit made a decision to exclude Elena Milinova from the Management Board.

Magnit announces the results of the Board meeting

Retrieved on:

Tuesday, May 12, 2020

Tander, Magnit, PJSC

The issuer is solely responsible for the content of this announcement.

Key Points:

The issuer is solely responsible for the content of this announcement.
Press Release | Krasnodar | May 12, 2020
Krasnodar, Russia (May 12, 2020): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia's leading retailers, announces the results of the Board of Directors meeting.
Please be informed that the meeting of the Board of Directors was held on May 11, 2020 (minutes are w/o No.
Pursuant to paragraph 3.3. of the Regulations on the Long-Term Incentive Program for the key employees of JSC Tander and PJSC Magnit (hereinafter - the LTI Program), the Board of Directors approved the List of positions of employees of JSC Tander and PJSC Magnit covered by the LTI Program as amended.