Krasnodar, Russia (November 16, 2017): Magnit PJSC, one of Russia’s leading retailers (the “Company”; MOEX and LSE: MGNT), announces the submission of the application for the state registration of the additional securities issue.

Please be informed that on November 16, 2017 PJSC “Magnit” submitted the application for the state registration of the additional securities issue.

The decision on the issue of additional securities was made by the Board of Directors of PJSC “Magnit” on November 15, 2017 (minutes w/o No. of November 15, 2017).

The content of the decisions made by the Board is the following:

To approve the decision on the issue of additional of securities.
To ratify the Securities Prospectus.

This event relates to or may materially affect the value of the following securities of the Issuer: ordinary registered uncertified shares (state registration number 1-01-60525-P of 04.03.2004, International Stock Identification Number (ISIN) RU000A0JKQU8).

PJSC “Magnit” announces the submission of the application for the state registration of the additional securities issue