WKN: A0MVY2 ISIN: US55953Q2021 Magnit JSC (spons. GDR)
MAGNIT PJSC (MGNT)
This announcement is not for publication or distribution, directly or indirectly, in or into the United States, Australia, Canada, Japan or any other jurisdiction in which offers or sales would be prohibited by law. The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
This announcement does not contain or constitute an offer of, or the solicitation of an offer to purchase or subscribe for, the securities to any person in the United States, Australia, Canada or Japan or in any jurisdiction to whom or in which such offer or solicitation is unlawful. The Secutities may not be offered or sold in the United States unless registered under the US Securities Act or offered in a transaction exempt from, or not subject to, the registration requirements of the US Securities Act. The offer and sale of the Securities referred to herein has not been and will not be registered under the US Securities Act or under the applicable securities laws of Australia, Canada or Japan. Subject to certain exceptions, the Securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan. There will be no public offer of the Securities in the United States, Australia, Canada or Japan or elsewhere.
Members of the general public are not eligible to take part in the sale. In member states of the European Economic Area ("EEA") (each, a "Relevant Member State"), this announcement and any offer if made subsequently is sent and addressed to and directed only at persons who are "qualified investors" within the meaning of the Prospectus Directive ("Qualified Investors"). For these purposes, the expression "Prospectus Directive" means Directive 2003/71/EC (and amendments thereto, including the 2010 PD Amending Directive), and includes any relevant implementing measure in the Relevant Member State and the expression "2010 PD Amending Directive" means Directive 2010/73/EU. In the United Kingdom this announcement is sent and distributed to and directed exclusively at Qualified Investors (i) who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order") or (ii) who fall within Article 49(2)(A) to (D) of the Order, or (iii) to whom it may otherwise lawfully be communicated, and the Securities will only be available to, and any investment activity to which this announcement relates will only be engaged in with, such persons and it should not be relied on by anyone other than such persons.
THIS ANNOUNCEMENT AND MATERIALS CONTAINED IN IT ARE PROVIDED EXCLUSIVELY FOR INFORMATION AND ARE NOT AN OFFER OR A PART OF AN OFFER OR AN INVITATION TO ACQUIRE OR DISPOSE SECURITIES IN ANY JURISDICTION INCLUDING THE USA, AUSTRALIA, CANADA AND JAPAN.
Press Release | Krasnodar | June 20, 2019
PJSC "Magnit" Announces the Approval of the Terms and Conditions of the Exchange-Traded Bonds Issuance
Krasnodar, Russia (June 20, 2019): Magnit PJSC (MOEX and LSE: MGNT; Issuer; Company; Group), one of Russia's leading retailers, announces the approval of the Terms and Conditions of the exchange-traded bonds issuance of the BO-003P-03 series.
On June 20, 2019 the sole executive body of the Issuer - the Chief Executive Officer - made a decision to approve the Terms and Conditions of the exchange-traded bonds issuance under the Program of the exchange-traded bonds (hereinafter - the Program).
The securities prospectus has been provided to the Stock Exchange at the stage of identification number assignment to the Program.
The securities placement price or the procedure of its determination:
The placement price of the Exchange-traded bonds is fixed in the amount of 1,000 (One thousand) rubles for 1 (One) Exchange-traded bond (100% of the nominal value).
From the second day of the Exchange-traded bonds placement within the settlement of the sale and purchase transaction the buyer shall also pay the accumulated coupon yield against the Exchange-traded bonds calculated using the formula specified in clause 18 of the Program.
The securities placement term or the procedure of its determination:
The commencing date of the Exchange-traded bonds placement is determined by the Issuer's sole executive body.
Other information on the commencing date determination procedure is stipulated in clause 8.2 of the Program.
The completion date of the Exchange-traded bonds placement is the earliest of the following dates:
a) the 3rd (Third) business day from the commencing date of the Exchange-traded bonds placement;
b) the date of placement of the last Exchange-traded bond.
The Exchange-traded bonds issuance is not supposed to be placed in tranches.
For further information, please contact:
Director for Investor Relations
Office: +7 (861) 210-48-80
Director for Investor Relations
Email: style="text-decoration: none;">firstname.lastname@example.org
Office: +7 (861) 210-9810 x 15101
Media Relations Department
Email: style="text-decoration: none;">email@example.com
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 March 31, 2019, Magnit operated 38 distribution centres and 19,223 stores (13,909 convenience, 467 supermarkets and 4,847 drogerie stores) in 3,077 cities and towns throughout 7 federal regions of the Russian Federation.
In accordance with the audited IFRS results for 2018, Magnit had revenues of RUB 1,237 billion and an EBITDA of RUB 90 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.
|OAM Categories:||3.1. Additional regulated information required to be disclosed under the laws of a Member State|
|EQS News ID:||828135|
|End of Announcement||EQS News Service|
Aktien in diesem Artikel
|Magnit JSC (spons. GDR)||13,23||1,81%|
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