MAGNIT PJSC (MGNT) MAGNIT PJSC: Magnit announces the results of the Board meeting, including the Decision to call the EGM and the EGM Record Date 09-Jul-2021 / 13:30 MSK Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
Magnit announces the results of the Board meeting, including the Decision to call the EGM and the EGM Record Date
Krasnodar, Russia (09 July, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia's leading retailers, announces the resolutions of the Board of Directors taken at the meeting held on July 7th, 2021.
The Board has made several decisions on convening the Extraordinary General Meeting of the Shareholders (the EGM) with a view to increasing the size of the Board of Directors from 9 to 11 members.
Expanding the Board to the size of 11 members will allow the Company to strengthen the composition of the Board of Directors, boost its efficiency, increase the number of independent members, and optimally share the workload across the Board committees.
Following the formal procedures shareholders can nominate their candidates by August 9th, 2021 (inclusive) and vote on the new composition of the Board at the EGM on September 9th, 2021.
The EGM is convened in the form of absentee voting. The Agenda includes items on early termination of powers of PJSC "Magnit" Board of Directors and on election of new members.
The Board of Directors has also approved the list of information (materials) to be provided to shareholders on the holding of extraordinary general shareholders meeting which is available in PJSC "Magnit" headquarters or on the official website starting from August 19, 2021: - in Russian: https://www.magnit.com/ru/shareholders-and-investors/shareholders-meeting/ ; - in English: https://www.magnit.com/en/shareholders-and-investors/shareholders-meeting/".
Please follow the link below to view additional results of the Board meeting:
Items of the agenda of PJSC Magnit Board of Directors are related to the exercise of rights on ordinary registered uncertified shares, state registration number 1-01-60525-P of 04.03.2004, International Stock Identification Number (ISIN) RU000A0JKQU8.
|
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.: | 116494 |
EQS News ID: | 1217317 |
End of Announcement | EQS News Service |
|