OREANDA-NEWS. OJSC Magnit, Russia's largest food retailer (the Company, the Issuer, MICEX and LSE: MGNT), announces the disposal of shares of the entity which is under the Issuer's control.

Full company name and address:

joint-stock company Tander 185, Levanevskogo street, Krasnodar, Russia

Taxpayer Id Number:

2310031475

Principal State Registration Number:

1022301598549

Object of acquisition:

voting shares of the Issuer


Date of disposal

May 30, 2014

Amount of disposed shares:

9,876 shares (0.010444% of the total equity)

Basis for disposal:

Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange

Amount of votes before disposal:

243,154 votes (0.257139% of the total number of votes)

Amount of votes after disposal:

233,278 votes (0.246695% of the total number of votes)