The issuer is solely responsible for the content of this announcement.
- The issuer is solely responsible for the content of this announcement.
- Krasnodar, January 14, 2022: Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, announces the acquisition of the right of Marathon Group1 and Alexander Vinokurov to dispose a certain number of votes accounted for voting shares in the charter capital of PJSC Magnit (hereinafter - "Votes on Magnit shares" or "Votes").
- The Company has been informed of the increase of the share of Votes of Marathon Group to 29.23% (acquisition of additional 4.23% of Votes due to the satisfaction of the corresponding application of Marathon Retail LLC by the FAS of Russia).
- This amount includes Votes on Magnit shares transferred to VTB Group2 under the repurchase agreements concluded between Marathon Retail LLC and VTB Group.