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OJSC 'MAGNIT' (FRA:5M71) Magnit announces the registration of amendments to the bonds program

Transparency directive : regulatory news

03/12/2021 14:53

MAGNIT PJSC (MGNT)
Magnit announces the registration of amendments to the bonds program

03-Dec-2021 / 16:53 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


This announcement is not for publication or distribution, directly or indirectly, in or into the United States, Australia, Canada, Japan or any other jurisdiction in which offers or sales would be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 shares 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 shares 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 shares 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 shares 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 shares 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who are "qualified investors" within the meaning of the Prospectus Regulation (Regulation 2017/1129/EU, as amended or superseded). 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 shares 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.

 

 

 

 

Magnit announces the registration of amendments to the bonds program

 

Krasnodar, Russia (December 3, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia's leading retailers, announces the registration of the amendments to the Exchange-traded bonds program.

 

On November 9, 2021 the Board of Directors made the decision to approve the amendments to the Program of the PJSC Magnit exchange-traded bonds of the 004P series with the registration number 4-60525-P-004P-02E of 26.10.2020 (hereinafter "the Program"). Amendments to the Program were registered by the Moscow Exchange (Public Joint-Stock Company Moscow Exchange MICEX-RTS) on December 3, 2021.

The following information has been added to the Program:

  • provisions on the possibility of placement of certain issues of the exchange-traded bonds to be further identified using the words "green bonds" and (or) "social bonds" and (or) "infrastructure bonds";
  • information on the possibility of placement of the exchange-traded bonds via book-building and its procedure, including the procedure and terms of disclosure of information on the placement price, interest rate for the first coupon period;
  • procedure of concluding preliminary agreements;
  • information on the possibility of involvement of the Underwriter for the placement of the exchange-traded bonds;
  • information that details of organizations, which can render services to the Issuer on organization of the exchange-traded bonds placement will be specified in the Terms and Conditions of the exchange-traded bonds placement (in case of their involvement);
  • information that the possibility or lack of possibility of early redemption of the exchange-traded bonds, cost, procedure and conditions of early redemption, procedure of disclosure by the Issuer of information on conditions and results of early redemption, as well as other conditions of early redemption of the exchange-traded bonds will be determined in the relevant Resolution on the issue of Exchange-traded bonds.

 

 

Please follow the link below for more information:

 

 

 

 

 

 

For further information, please contact:

 

Dina Chistyak

Head of Investor Relations 
dina_chistyak@magnit.ru

Office: +7 (861) 210 9810 x 15101

 

Media Inquiries                    Twitter

press@magnit.ru                    @MagnitIR

 

 

 

 

 

 

Note to editors

 

"Magnit" is one of Russia's leading retailers. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of September 30, 2021, Magnit operated 45 distribution centers and 25,315 stores in 3,840 cities and towns throughout 7 federal regions of the Russian Federation.

In accordance with the unaudited IFRS 16 management accounts results for 9M 2021, Magnit had revenues of RUB 1,311.5 billion and an EBITDA of RUB 151.4 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.

 

 

 

 

Forward-looking statements

 

This document contains or may contain forward-looking statements that may or may not prove accurate. For example, statements regarding expected sales growth rate and/or store openings are forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from what is expressed or implied by the statements. Any forward-looking statement is based on information available to Magnit as of the date of the statement. All written or oral forward-looking statements attributable to Magnit are qualified by this caution. Magnit does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances.

 

 

 

 



ISIN: US55953Q2021
Category Code: MSCU
TIDM: MGNT
LEI Code: 2534009KKPTVL99W2Y12
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 128284
EQS News ID: 1254184

 
End of Announcement EQS News Service

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