CYPRUS

Magnit announces the changes of the rights of VTB Bank and Marathon Group to dispose a certain number of votes accounted for voting shares of PJSC Magnit

Retrieved on: 
Tuesday, December 7, 2021

1 - MG MARATHON GROUP (CYPRUS) LTD and its entities, including PHARMACONTUR LLC, Natsbioprodukt LLC, SERENGATE ADVISORS LIMITED, AVENTOCO LIMITED, Marathon Marble LLC, Marathon Retail LLC.

Key Points: 
  • 1 - MG MARATHON GROUP (CYPRUS) LTD and its entities, including PHARMACONTUR LLC, Natsbioprodukt LLC, SERENGATE ADVISORS LIMITED, AVENTOCO LIMITED, Marathon Marble LLC, Marathon Retail LLC.
  • 3 - According to the explanations received by Magnit, the Votes of Marathon Group are distributed as follows:
    1,103,458 Magnit voting shares (1.08%) are held by Natsbioprodukt LLC;
    1,513,601 Magnit voting shares (1.49%) are held by SERENGATE ADVISORS LIMITED;
    19,305,710 Magnit voting shares (18.94%) are held by Marathon Retail LLC;
    in respect of 3.49% of Magnit voting shares the right to dispose Votes is held by Marathon Retail LLC on the basis of the repurchase agreements concluded between Marathon Retail LLC and VTB Group, under which 7,868,427 Magnit voting shares (7.72 %) were transferred to VTB Group;
    in respect of 4.23% of Magnit voting shares Marathon Retail LLC will be provided with the right to dispose Votes after the FAS of Russia satisfies the corresponding application of Marathon Retail LLC based on the above mentioned repurchase agreements.
  • 4 - MG MARATHON GROUP (CYPRUS) LTD has acquired the right to indirectly dispose the Votes through PHARMACONTUR LLC, Natsbioprodukt LLC, SERENGATE ADVISORS LIMITED, AVENTOCO LIMITED, Marathon Marble LLC and Marathon Retail LLC.
  • 5 - Alexander Vinokurov has acquired the right to indirectly dispose the Votes through MG MARATHON GROUP (CYPRUS) LTD, PHARMACONTUR LLC, Natsbioprodukt LLC, SERENGATE ADVISORS LIMITED, AVENTOCO LIMITED, Marathon Marble LLC and Marathon Retail LLC.