Press-release
Krasnodar
May 17, 2012
OJSC “Magnit (MCX: MGNT.ME – news) ” announces the results of the BOD meeting
Krasnodar, May 17, 2012: OJSC “Magnit” (the “Company”, “Issuer”; MICEX and LSE: MGNT) is pleased to announce the results of the BOD meeting held on May 17, 2012.
Dear Ladies and Gentlemen!
We would like to inform you that today the BOD meeting was held (minutes of BOD of OJSC “Magnit” are w/o No. of May 17, 2012).
The meeting agenda:
1. Ratification of the agreement with the Company‘s registrar in new edition,
2. Determination of the position of the OJSC “Magnit” representative at the exercise of the voting right on shares in the charter capital of LLC “Alkotrading” owned by the Company,
3. Determination of the position of the OJSC “Magnit” representative at the exercise of the voting right on shares of JSC “Tander” owned by the Company,
4. Determination of the position of the OJSC “Magnit” representative at the exercise of the voting right on shares in the charter capital of LLC “Magnit Finance” owned by the Company,
5. Approval of the related party transactions,
6. Approval of additional agreement to the contract of sale and purchase of share in the charter capital of LLC “Magnit Nizhniy Novgorod”.
The following BOD members were present: A. Arutyunyan, V. Butenko, S. Galitskiy, K. Pombukhchan, A. Shkhachemukov.
A. Zayonts and A. Makhnev provided their written opinions on the items of the agenda of the BOD meeting of OJSC “Magnit”.
The number of the BOD members participated in the meeting, including written opinions of A. Zayonts and A. Makhnev, amounts to not less than half of the number of the BOD members determined by the Charter of the Company.
Quorum to hold the BOD meeting with this agenda is present.
On the items 1-4; 6 of the agenda:
Votes cast is as follows:
A. Arutyunyan – “for”, V. Butenko – “for”, S. Galitskiy – “for”, A. Zayonts – “for”, A. Makhnev – “for”, K. Pombukhchan – “for”, A. Shkhachemukov – “for”.
The decisions are made.
On the items 5.1-5.18 of the agenda:
Votes cast is as follows:
A. Arutyunyan – “abstained from voting”, V. Butenko – “for”, S. Galitskiy – “abstained from voting”, A. Zayonts – “for”, A. Makhnev – “for”, K. Pombukhchan – “abstained from voting”, A. Shkhachemukov – “for”.
The decisions are made.
Content of decisions:
On the item 1 of the agenda:
“To ratify the draft agreement with the Company’s Registrar – OJSC “Objedinennaya registratsionnaya kompaniya” – in new edition”.
On the item 2 of the agenda:
“To recommend that the sole executive body of OJSC “Magnit” which is the LLC “Alkotrading” shareholder should make the following decision at the exercise of the voting right on the LLC “Alkotrading” shares in the charter capital owned by the Company”:
“1. To decrease the charter capital of the LLC “Alkotrading” to 7,000,000 (seven million) rubles 00 kopecks by means of decreasing the nominal value of the share of the sole shareholder of the Company.
2. To approve the new amount of the charter capital of the Company – nominal value of share of OJSC “Magnit” – 7,000,000 (seven million) rubles which amounts to 100% of the charter capital of the Company.
3. To ratify the Charter of LLC “Alkotrading” in new edition due to the decrease of the amount of the charter capital.
4. To authorize Aleksey Klimkin, the Company’s director, notify the body which carries out the state registration of legal entities of the decision made and to carry out all actions necessary for publication of the notification of the decrease of the charter capital of the Company and the state registration of amendments to the Unified State Register of Legal Entities.
On the item 3.1 of the agenda:
“To recommend that the sole executive body of OJSC “Magnit” which is the JSC “Tander” shareholder should make the following decision at the exercise of the voting right on the JSC “Tander” shares in the charter capital owned by the Company”:
“To ratify the JSC “Tander” charter in the new edition”.
On the item 3.2 of the agenda:
“To recommend that the sole executive body of OJSC “Magnit” which is the JSC “Tander” shareholder should make the following decision at the exercise of the voting right on the JSC “Tander” shares in the charter capital owned by the Company”:
“To ratify the draft contract with the Registrar of JSC “Tander”, OJSC “Objedinennaya registratsionnaya kompaniya”, in the new edition”.
On the item 4 of the agenda:
“To recommend that the sole executive body of OJSC “Magnit” which is the LLC “Magnit Finance” shareholder should make the following decision at the exercise of the voting right on the LLC “Magnit Finance” shares in the charter capital owned by the Company”:
“1. To increase the amount of the charter capital of the Company by 9,990,000 (nine million nine hundred and ninety thousand) rubles from 10,000 (ten thousand) rubles to 10,000,000 (ten million) rubles on the basis of the application of the shareholder of the Company (OJSC “Magnit”) for additional contribution”.
2. To increase the nominal value of share of OJSC “Magnit” in the charter capital of the Company by 9,990,000 (nine million nine hundred and ninety thousand) from 10,000 (ten thousand) to 10,000,000 (ten million) rubles.
3. To approve the new amount of shares of shareholders in the charter capital of the Company – nominal value of OJSC “Magnit” amounts to 10,000,000 (ten million) rubles that constitutes 100% of the Company’s charter capital.
4. To terminate in advance the authority of Khachatur Pombukhchan, CEO of the Company.
5. To elect Dmitry Komissarov (the information is disclosed under the requirements of the Federal (SES: E1:F20.SI – news) law “On the personal data”) to the position of CEO.
6. To execute the labor contract with the CEO D.V. Komissarov, that shall be signed by the sole shareholder of the Company on behalf of the company.
7. To change the information of the core business of the Company and to amend the information from the Unified State Register of Legal Entities. The new type of core business is 51.34 Alcoholic and other beverages wholesales.
8. To add the information of the additional types of business 51.34.21 of Alcoholic beverages wholesale, except beer, 51.34.22 beer wholesale to the Unified State Register of Legal Entities .
9. To change the location of the Company. The new address of the Company is 15/5, Solnechnaya str, Krasnodar, Russian Federation.
10. To change the name of the Company. The new Company’s name is Retail import LLC.
11. To ratify the Charter of the Company in the new edition.
12. To authorize Komissarov D.V., the Company’s director, to carry out all actions necessary for state registration of amendments to the Information from Unified State Register of Legal Entities.”
On the item 5.1 of the agenda:
“To approve the transaction which the company plans to execute in future with JSC “Tander” and which is the related party transaction with the following essentials:
• parties of the transaction: Lessor – OJSC “Magnit”, Lessee – JSC “Tander”;
• subject of the transaction: The Lessor shall provide the following to the Lessee at a fee for temporary possession and use:
- real property: trading, non-residential premises, with a total space – 627.2 sq. m, numbers in the floor plan: №1,5,6,7,8-14,15-20,21, located on the underground floor and on the 1st floor of the building, letter A, at the address: 429 Mira street, Stavropol, Stavropol region, cadastral (or identification) number 26:12:000000:0000:12889/192:1001,1005-1021/А;
- power receivers: cable line 0.4 kv made of the AVVG cable with a section of 4×50 and a length of 50m, laid from the input distribution device of the railway at 429 Mira street to the input distribution device of the non-residential premises at 429 Mira street, input distribution device of the premises, internal electrical equipment;
• lease fee: 373,000 (three hundred and seventy three thousand) rubles 00 kopecks per month, incl. VAT;
• leasing period: 10 (ten) years.
The price of the property to the possible disposal of which the transaction is related shall not exceed 2% of the balance sheet assets value of the company determined on the basis of the accounting statement for the last reporting period”.
On the item 5.2 of the agenda:
“To approve the transaction which the company plans to execute in future with JSC “Tander” and which is the related party transaction with the following essentials:
• parties of the transaction: Lessor – OJSC “Magnit”, Lessee – JSC “Tander”;
• subject of the transaction: The Lessor shall provide the following to the Lessee at a fee for temporary possession and use:
- real property: non-residential “Korchma” café building, with a total space – 696.4 (six hundred and ninety six point four) sq. m, letter A, A1, A2, A3, located at the address: 13a Golubye Dali street, Adler district, Sochi, Krasnodar region;
- power receivers: two cable lines 0.4 kv made of the AVVG cable with a section of 3×70+1×35 and a length of 120m each, laid from the 1st and the 2nd busline sections correspondingly of the distribution device 0.4 kv of the transforming substation A382 to the input distribution device of the non-residential premises at 13a Golubye Dali street, input distribution device of the premises, internal electrical equipment;
• lease fee: 557,120 (five hundred and fifty seven thousand one hundred and twenty) rubles 00 kopecks per month, incl. VAT;
• leasing period: 10 (ten) years.
The price of the property to the possible disposal of which the transaction is related shall not exceed 2% of the balance sheet assets value of the company determined on the basis of the accounting statement for the last reporting period”.
On the item 5.3 of the agenda:
“To approve the transaction which the company plans to execute in future with JSC “Tander” and which is the related party transaction with the following essentials:
• parties of the transaction: Lessor – OJSC “Magnit”, Lessee – JSC “Tander”;
• subject of the transaction: The Lessor shall provide the following to the Lessee at a fee for temporary possession and use:
- real property: non-residential premises: floor: 1; a total space: 274.7 sq. m, numbers of the premises in the floor plan: 1-5, 9; registration number: 233:070-15513; letter A, A1; address (location): 5 Kominterna street, Ramenskoe, Moscow region;
- power receivers: cable line 0.4 kv (AAB-3×35, 55m) from the transforming substation 89 to the building, input distribution device of the store – all internal power networks and electrical equipment of the store, energy accounting meter;
• lease fee: 260,000 (two hundred and sixty thousand) rubles 00 kopecks per month, incl. VAT;
• leasing period: 10 (ten) years.
The price of the property to the possible disposal of which the transaction is related shall not exceed 2% of the balance sheet assets value of the company determined on the basis of the accounting statement for the last reporting period”.
On the item 5.4 of the agenda:
“To approve the transaction which the company plans to execute in future with JSC “Tander” and which is the related party transaction with the following essentials:
• parties of the transaction: Lessor – OJSC “Magnit”, Lessee – JSC “Tander”;
• subject of the transaction: The Lessor shall provide the following to the Lessee at a fee for temporary possession and use:
- real property: store building, purpose: non-residential, space – 664.4 sq. m, letter A, floor 1, cadastral number: 34:34:03 00 31:0010:401:000138, address: 59B 51st Gvardeyskoy street, Volgograd, Volgograd region;
- power receivers: cable line 0.4 kv made of the AABl cable with a section of 4×95 and a length of 260m, laid from the distribution device 0.4 kv of the transforming substation №2250 to the input distribution device of the non-residential building at 59B 51st Gvardeyskoy street, input distribution device of the premises, internal electrical equipment;
• lease fee: 395,000 (three hundred and ninety five thousand) rubles 00 kopecks per month, incl. VAT;
• leasing period: 10 (ten) years.
The price of the property to the possible disposal of which the transaction is related shall not exceed 2% of the balance sheet assets value of the company determined on the basis of the accounting statement for the last reporting period”.
On the item 5.5 of the agenda:
“To approve the transaction which the company plans to execute in future with JSC “Tander” and which is the related party transaction with the following essentials:
• parties of the transaction: Lessor – OJSC “Magnit”, Lessee – JSC “Tander”;
• subject of the transaction: The Lessor shall provide the following to the Lessee at a fee for temporary possession and use:
- real property: integrated non-residential premises, purpose: trading, space – 422.3 sq. m, numbers in the floor plan: 6-8, 8A, 9-16, 24, 27-29, 33-38, floor 1, identification number: 34-34/01-01/01-125/2004-22, address: 6 Batova street, Volgograd, Volgograd region;
- power receivers: cable line 0.4 kv made of the AVVG cable with a section of 4×35 and a length of 7m, laid from the input distribution device of the residential building at 6 Batova street to the input distribution device of the leased premises, input distribution device of the premises, internal electrical equipment;
• lease fee: 232,000 (two hundred and thirty two thousand) rubles 00 kopecks per month, incl. VAT;
• leasing period: 10 (ten) years.
The price of the property to the possible disposal of which the transaction is related shall not exceed 2% of the balance sheet assets value of the company determined on the basis of the accounting statement for the last reporting period”.
On the item 5.6 of the agenda:
“To approve the transaction which the company plans to execute in future with JSC “Tander” and which is the related party transaction with the following essentials:
• parties of the transaction: Lessor – OJSC “Magnit”, Lessee – JSC “Tander”;
• subject of the transaction: The Lessor shall provide the following to the Lessee at a fee for temporary possession and use:
- real property: store premises, purpose: trading, space – 710 sq. m, registration number 017922, cadastral number 34-34-01/125/2009-410, address: 95a Zhukov prospect, Volgograd, Volgograd region;
- power receivers: cable line 0.4 kv made of the AABl cable with a section of 4×95 and a length of 150m, laid from the distribution device 0.4 kv of the transforming substation №1253 to the input distribution device of the non-residential building at 95a Zhukov prospect, input distribution device of the premises, internal electrical equipment;
• lease fee: 500,000 (five hundred thousand) rubles 00 kopecks per month, incl. VAT;
• leasing period: 10 (ten) years.
The price of the property to the possible disposal of which the transaction is related shall not exceed 2% of the balance sheet assets value of the company determined on the basis of the accounting statement for the last reporting period”.
On the item 5.7 of the agenda:
“To approve the transaction which the company plans to execute in future with JSC “Tander” and which is the related party transaction with the following essentials:
• parties of the transaction: Lessor – OJSC “Magnit”, Lessee – JSC “Tander”;
• subject of the transaction: The Lessor shall provide the following to the Lessee at a fee for temporary possession and use:
- real property: general store, purpose: trading, space – 376.7 sq. m, registration number: 001175, letter A, number of floors: 1, address: 29a Budenova street, Ilovlya workers settlement, Ilovlinskiy district, Volgograd region;
- power receivers: aerial line 0.4 kv laid from the distribution device 0.4 kv of the transforming substation №809 to the input distribution device of the non-residential premises at 29a Budenova street, input distribution device of the premises, internal electrical equipment;
• lease fee: 188,000 (one hundred and eighty eight thousand) rubles 00 kopecks per month, incl. VAT;
• leasing period: 10 (ten) years.
The price of the property to the possible disposal of which the transaction is related shall not exceed 2% of the balance sheet assets value of the company determined on the basis of the accounting statement for the last reporting period”.
On the item 5.8 of the agenda:
“To approve the transaction which the company plans to execute in future with JSC “Tander” and which is the related party transaction with the following essentials:
• parties of the transaction: Lessor – OJSC “Magnit”, Lessee – JSC “Tander”;
• subject of the transaction: The Lessor shall provide the following to the Lessee at a fee for temporary possession and use:
- real property: integrated-attached non-residential premises, purpose: trading, total space – 751.2 sq. m, numbers in the floor plan: position I, floor 1, Cadastral number 34:34:080000:0000:18:401:002:000372080:0001:20001, address: 191 Lazorevaya street, Volgograd, Volgograd region;
- power receivers: cable line 0.4 kv made of the AVVG cable with a section of 4×35 and a length of 36m, laid from the input distribution device of the residential building at 191 Lazorevaya street to the input distribution device of the leased premises, input distribution device of the premises, internal electrical equipment;
• lease fee: 338,000 (three hundred and thirty eight thousand) rubles 00 kopecks per month, incl. VAT;
• leasing period: 10 (ten) years.
The price of the property to the possible disposal of which the transaction is related shall not exceed 2% of the balance sheet assets value of the company determined on the basis of the accounting statement for the last reporting period”.
On the item 5.9 of the agenda:
“To approve the transaction which the company plans to execute in future with JSC “Tander” and which is the related party transaction with the following essentials:
• parties of the transaction: Lessor – OJSC “Magnit”, Lessee – JSC “Tander”;
• subject of the transaction: The Lessor shall provide the following to the Lessee at a fee for temporary possession and use:
- real property: part of the non-residential building №1, purpose: other, space – 361.3 sq. m, registration number 000227/045, number of floors – 1, identification number 34:36:00 00 17:0039:000227:045, address: 45 Komsomolskaya street, Kamyshin, Volgograd region, Russia, 403870;
- power receivers: aerial line 0.4 kv made of self-supporting insulated wire 2A with a section of 4×25 and a length of 19m, laid from the support block 3-05 of the feeder №4 of the kiosk-type transforming substation №182 of “Kamyshin interdistrict electrical networks” branch of OJSC “VOE” to the input distribution device of the premises at 45 Komsomolskaya street, input distribution device of the premises, internal electrical equipment;
• lease fee: 162,500 (one hundred and sixty two thousand five hundred) rubles 00 kopecks per month, incl. VAT;
• leasing period: 10 (ten) years.
The price of the property to the possible disposal of which the transaction is related shall not exceed 2% of the balance sheet assets value of the company determined on the basis of the accounting statement for the last reporting period”.
On the item 5.10 of the agenda:
“To approve the transaction which the company plans to execute in future with JSC “Tander” and which is the related party transaction with the following essentials:
• parties of the transaction: Lessor – OJSC “Magnit”, Lessee – JSC “Tander”;
• subject of the transaction: The Lessor shall provide the following to the Lessee at a fee for temporary possession and use:
- real property: non-residential premises – store №87, purpose: trading, with a total space – 341.9 sq. m, floor: 1, letter A, cadastral (or identification) number 23:08:01:3.9.2000-138, located at the address: 52 Oktyabrskoy street, Dolzhanskaya village, Krasnodar region, Russian Federation;
- power receivers: aerial line 0.4 kv made of self-supporting insulated wire 2A with a section of 3×35+1×54.6 and a length of 280m, laid from the distribution device 0.4 kv of the transforming substation D3-517 to the input distribution device of the non-residential premises at 52 Oktyabrskoy street, input distribution device of the premises, internal electrical equipment;
• lease fee: 120,000 (one hundred and twenty thousand) rubles 00 kopecks per month, incl. VAT;
• leasing period: 10 (ten) years.
The price of the property to the possible disposal of which the transaction is related shall not exceed 2% of the balance sheet assets value of the company determined on the basis of the accounting statement for the last reporting period”.
On the item 5.11 of the agenda:
“To approve the transaction which the company plans to execute in future with JSC “Tander” and which is the related party transaction with the following essentials:
• parties of the transaction: Lessor – OJSC “Magnit”, Lessee – JSC “Tander”;
• subject of the transaction: The Lessor shall provide the following to the Lessee at a fee for temporary possession and use:
- real property: non-residential premises №5, 16, 21, 28, 31, 31/1, 73, with a total space – 388.1 sq. m, underground floor №1, floor №1, letter A, underground floor letter Aa, cadastral (or identification) number 23:11:0603173:0:1/1, located at the address: 71 M. Gorkogo street, Kanevskaya village, Krasnodar region, Russian Federation;
- power receivers: branch circuit to the input device of the non-residential premises at 71 M. Gorkogo street from the support block №4 of the feeder №3 of the closed transforming substation V3-3-31, input distribution device of the premises, internal electrical equipment;
• lease fee: 232,860 (two hundred and thirty two thousand eight hundred and sixty) rubles 00 kopecks per month, incl. VAT;
• leasing period: 10 (ten) years.
The price of the property to the possible disposal of which the transaction is related shall not exceed 2% of the balance sheet assets value of the company determined on the basis of the accounting statement for the last reporting period”.
On the item 5.12 of the agenda:
“To approve the transaction which the company plans to execute in future with JSC “Tander” and which is the related party transaction with the following essentials:
• parties of the transaction: Lessor – OJSC “Magnit”, Lessee – JSC “Tander”;
• subject of the transaction: The Lessor shall provide the following to the Lessee at a fee for temporary possession and use:
- real property: non-residential building – general store, letter B, with a total space – 935.9 sq. m, located on the first floor, cadastral (or identification) number 23:05:06:02-14.2003-14, at the address: 57 Lenina street, Vyselki village, Krasnodar region, Russian Federation;
- power receivers: aerial line 0.4 kv made of self-supporting insulated wire 2A with a section of 3×50+1×54.6 and length of 17m, laid from the distribution device 0.4 kv of transforming substation DR7-137 to the input distribution device of the non-residential premises, input distribution device of the premises, internal electrical equipment;
• lease fee: 440,000 (four hundred and forty thousand) rubles 00 kopecks per month, incl. VAT;
• leasing period: 10 (ten) years.
The price of the property to the possible disposal of which the transaction is related shall not exceed 2% of the balance sheet assets value of the company determined on the basis of the accounting statement for the last reporting period”.
On the item 5.13 of the agenda:
“To approve the transaction which the company plans to execute in future with JSC “Tander” and which is the related party transaction with the following essentials:
• parties of the transaction: Lessor – OJSC “Magnit”, Lessee – JSC “Tander”;
• subject of the transaction: The Lessor shall provide the following to the Lessee at a fee for temporary possession and use:
- real property: store, with a total space – 470 sq. m, letter A,a, cadastral (or identification) number 23:24:02 04:5.2002-340, located at the address: 48 Sovetskaya street, Pavlovskaya village, Krasnodar region, Russian Federation;
- power receivers: aerial line 0.4 kv made of self-supporting insulated wire 2A with a section of 3×50+1×54.6 and length of 7m, laid from the distribution device 0.4 kv of the closed transforming substation P-7-142 to the accounting board 0.4 kv, accounting board, aerial line 0.4 kv made of self-supporting insulated wire 2A with a section of 3×50+1×54.6 and length of 87m, laid from the accounting board 0.4 kv to the input distribution device of the non-residential premises at 48 Sovetskaya street, input distribution device of the premises, internal electrical equipment;
• lease fee: 211,500 (two hundred and eleven thousand five hundred) rubles 00 kopecks per month, incl. VAT;
• leasing period: 10 (ten) years.
The price of the property to the possible disposal of which the transaction is related shall not exceed 2% of the balance sheet assets value of the company determined on the basis of the accounting statement for the last reporting period”.
On the item 5.14 of the agenda:
“To approve the transaction which the company plans to execute in future with JSC “Tander” and which is the related party transaction with the following essentials:
• parties of the transaction: Lessor – OJSC “Magnit”, Lessee – JSC “Tander”;
• subject of the transaction: The Lessor shall provide the following to the Lessee at a fee for temporary possession and use:
- real property: part of the shopping center building on the first floor with numeration breakdown № 2, 28, 32, 29, 30, 31, 12, 13, 14, 15, 16, 17, 34, 22, 21, 18, 19, 20, with a total space – 917.1 sq. m, located on the first floor of the building, letter A, cadastral (or identification) number 23-01.34-3.2003-331, at the address: 40 Krasnaya street, Starominskaya village, Krasnodar region, Russian Federation;
- power receivers: cable line 0.4 kv made of the VVG cable with a section of 4×16 and a length of 3m, laid from the input distribution device of the general store at 40 Krasnaya street to the accounting point of the leased non-residential premises of the general store, accounting point, internal electrical equipment;
• lease fee: 412,700 (four hundred and twelve thousand seven hundred) rubles 00 kopecks per month, incl. VAT;
• leasing period: 10 (ten) years.
The price of the property to the possible disposal of which the transaction is related shall not exceed 2% of the balance sheet assets value of the company determined on the basis of the accounting statement for the last reporting period”.
On the item 5.15 of the agenda:
“To approve the transaction which the company plans to execute in future with JSC “Tander” and which is the related party transaction with the following essentials:
• parties of the transaction: Lessor – OJSC “Magnit”, Lessee – JSC “Tander”;
• subject of the transaction: The Lessor shall provide the following to the Lessee at a fee for temporary possession and use:
- real property: non-residential single-storeyed building, letter B, with a total space – 615.8 (six hundred and fifteen point eight) sq. m, registration number 38:208:002:000086550, located at the address: 21a Sovetskikh Kosmonavtov prospect, Dmitriev, Kursk region, Russian Federation;
- power receivers: cable line 0.4 kv made of the ASB cable with a section of 4×90 and a length of 90m, laid from the support block №4 of the aerial cable-0.4 kv F-1 from the kiosk-type transforming substation-1.1.8.-11/250 to the input distribution device of the non-residential premises at 21a Sovetskikh Kosmonavtov prospect, input distribution device of the premises, internal electrical equipment;
• lease fee: 153,950 (one hundred and fifty three thousand) rubles 00 kopecks per month, incl. VAT;
• leasing period: 10 (ten) years.
The price of the property to the possible disposal of which the transaction is related shall not exceed 2% of the balance sheet assets value of the company determined on the basis of the accounting statement for the last reporting period”.
On the item 5.16 of the agenda:
“To approve the transaction which the company plans to execute in future with JSC “Tander” and which is the related party transaction with the following essentials:
• parties of the transaction: Lessor – OJSC “Magnit”, Lessee – JSC “Tander”;
• subject of the transaction: The Lessor shall provide the following to the Lessee at a fee for temporary possession and use:
- real property: integrated-attached non-residential premises №1, numbers in the floor plan: 1-13, with a total space – 332.4 (three hundred and thirty two point four) sq. m, located at the address: 28, 28a Kommunisticheskiy prospect, Kurchatov, Kursk region, Russian Federation;
- power receivers: contacts of connection of cable lugs of the cable line-0.4 kv to the commutating device in the distribution device-0.4 kv of the transforming substation №4, metering device;
• lease fee: 141,000 (one hundred and forty one thousand) rubles 00 kopecks per month, incl. VAT;
• leasing period: 10 (ten) years.
The price of the property to the possible disposal of which the transaction is related shall not exceed 2% of the balance sheet assets value of the company determined on the basis of the accounting statement for the last reporting period”.
On the item 5.17 of the agenda:
“To approve the transaction which the company plans to execute in future with JSC “Tander” and which is the related party transaction with the following essentials:
• parties of the transaction: Lessor – OJSC “Magnit”, Lessee – JSC “Tander”;
• subject of the transaction: The Lessor shall provide the following to the Lessee at a fee for temporary possession and use:
- real property: integrated-attached non-residential premises №7, with a total space – 543.6 (five hundred and forty three point six) sq. m, letter A, A2, A3, located on the first floor of the multifamily residential building at the address: 38 Kosmonavtov street, Lipetsk, Lipetsk region, Russian Federation;
attached non-residential premises №9, with a total space – 110 (one hundred and ten) sq. m, letter A2, located on the underground floor of the multifamily residential building at the address: 38 Kosmonavtov street, Lipetsk, Lipetsk region, Russian Federation;
- power receivers: input adjustment of non-residential premises of the residential building №38 at 38 Kosmonavtov street, metering device, internal electrical equipment;
• lease fee: 473,380 (four hundred and seventy three thousand three hundred and eighty) rubles 00 kopecks per month, incl. VAT;
• leasing period: 10 (ten) years.
The price of the property to the possible disposal of which the transaction is related shall not exceed 2% of the balance sheet assets value of the company determined on the basis of the accounting statement for the last reporting period”.
On the item 5.18 of the agenda:
“To approve the transaction on additional contribution to the charter capital of limited liability company “Magnit Finance” under the article 19 of the Federal law0 “On limited liability companies” and the Charter of LLC “Magnit Finance” which is the related party transaction that the Company plans to execute in future with the following essentials:
The company to the charter capital of which the contribution shall be made: limited liability company “Magnit Finance” (location – 18 Kolkhoznaya street, Krasnodar, Krasnodar region, Russian Federation; Principal State Registration Number – 1052305741289, Taxpayer Id. Number – 2310105783);
Subject of transaction: additional contribution to the charter capital of LLC “Magnit Finance” made by OJSC “Magnit” as a sole shareholder of LLC “Magnit Finance”;
Price (amount) of transaction (contribution): 9,990,000 (Nine million nine hundred and ninety thousand) rubles.
The price of the property to the possible disposal of which the transaction is related shall not exceed 2% of the balance sheet assets value of the company determined on the basis of the accounting statement for the last reporting period”.
On the item 6 of the agenda:
“To approve the execution of the Additional agreement to the contract of sale and purchase of share in the charter capital of Limited liability company “Magnit – Nizhniy Novgorod” (Principal State Registration Number – 1062310002754, Taxpayer Id. Number- 2310111018, hereinafter referred to as the Company), made between Open joint-stock company “Magnit” (hereinafter referred to as the Seller) and limited liability company “Comepay” ((Principal State Registration Number – 1066163053208, Taxpayer Id. Number - 6163078646, hereinafter – the Buyer) as of June 24, 2011 with the following essentials:
The payment for 99,9% of share in the charter capital of the Company shall be made by the Buyer by means of money transfer to the Seller’s bank account according to the procedure as follows:
- the amount of 124,875,000 (one hundred and twenty four million eight hundred and seventy five thousand) rubles – shall be paid not later than December 31, 2011;
- the amount of 124,875,000 (one hundred and twenty four million eight hundred and seventy five thousand) rubles – shall be paid not later than February 2, 2012;
the rest of the amount of 249 750 000 (two hundred forty nine million seven hundred fifty thousand) shall be paid by the Buyer according to the procedure as follows:
– 5,674,753 (five million six hundred and seventy four thousand seven hundred and fifty three) rubles 29 kopeks – not later than November (Stuttgart: A0Z24E – news) 22, 2012;
- 16,588,130 (sixteen million five hundred and eighty eight thousand one hundred and thirty) rubles 48 kopeks – not later than December 22, 2012;
- 20,812,500 (twenty million eight hundred and twelve thousand five hundred) rubles 00 kopeks – not later than January 22, 2013;
- 20,812,500 (twenty million eight hundred and twelve thousand five hundred) rubles 00 kopeks – not later than February 22, 2013;
- 20,812,500 (twenty million eight hundred and twelve thousand five hundred) rubles 00 kopeks – not later than March 22, 2013;
- 20,812,500 (twenty million eight hundred and twelve thousand five hundred) rubles 00 kopeks – not later than April 22, 2013;
- 20,812,500 (twenty million eight hundred and twelve thousand five hundred) rubles 00 kopeks – not later than May 22, 2013;
- 20,812,500 (twenty million eight hundred and twelve thousand five hundred) rubles 00 kopeks – not later than June 22, 2013;
- 20,812,500 (twenty million eight hundred and twelve thousand five hundred) rubles 00 kopeks – not later than July 22, 2013;
- 20,812,500 (twenty million eight hundred and twelve thousand five hundred) rubles 00 kopeks – not later than August 22, 2013;
- 20,812,500 (twenty million eight hundred and twelve thousand five hundred) rubles 00 kopeks – not later than September 22, 2013;
- 20,812,500 (twenty million eight hundred and twelve thousand five hundred) rubles 00 kopeks – not later than October 22, 2013;
- 15,137,746 (fifteen million one hundred and thirty seven thousand seven hundred and forty six) rubles 71 kopeks – not later than November 22, 2013;
- 4,224,369 (four million two hundred and twenty four thousand three hundred and sixty nine) rubles 52 kopeks – not later than December 22, 2013″.
For further information, please contact:
Company description:
Based in Krasnodar, in the Southern (Hamburg: SOT.HM – news) region of Russia, Open Joint Stock Company “Magnit” (LSE and MICEX: MGNT, S∓P: “BB-”) is the holding company for a group of entities that operate in the retail trade under the “Magnit” brand. The chain of “Magnit” stores is one of the leading food retail networks in Russia. As of March 31, 2012 the chain consisted of 5,104 convenience stores, 91 hypermarkets, 5 “Magnit Family” stores and 266 cosmetics stores (drogerie) in 1,424 locations in the Russian Federation.
Approximately two-thirds of the Company’s stores are located in cities with a population of less than 500,000 inhabitants. Most of its stores are located in the Southern, North-Caucasian, Central and Volga regions. The Company also operates stores in the North-Western, Urals and Siberian regions.
As of March 31, 2012 the Company operated an in-house logistics system consisting of 15 distribution centers, employing automated stock replenishment systems and a fleet of 3,922 vehicles.
In accordance with the audited IFRS consolidated financial statements for 2011, the Company recorded consolidated revenue of approximately US$ 11,423 million and consolidated EBITDA of around US$ 939 million.
