PJSC Magnit
Magnit announces the termination of the right of VTB Bank and its controlled entities to dispose a certain number of votes accounted for voting shares in the charter capital of PJSC Magnit
MAGNIT PJSC (MGNT)
MAGNIT announces the termination of the right of VTB Bank and its controlled entities to dispose a certain number of votes accounted for voting shares in the charter capital of PJSC Magnit
Krasnodar, November 26, 2021: Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia’s leading retailers, announces the termination of the right of VTB Bank (PJSC) (hereinafter “VTB Bank”) and its controlled entities 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”). On November 25, 2021 VTB Bank published the information that on November 23, 2021 VTB Bank terminated its right to dispose a certain number of Votes on Magnit shares[1]. The Company was also notified of the termination of the right of entities controlled by VTB Bank to dispose a certain number of Votes on Magnit shares. The information below is based on the notice published by VTB Bank, as well as on the notifications received from the respective entities controlled by VTB Bank.
[1] The full text of the VTB Bank announcement is available at: https://e-disclosure.ru/portal/event.aspx?EventId=P7Ua-AT5xmEib6baXsngNmw-B-B (in Russian language) |
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.: | 127771 |
EQS News ID: | 1252349 |
End of Announcement | EQS News Service |