On 20 April 2007, the MS Private Foundation announced its intention to convert 823 RHI convertible bonds of tranche A to new RHI shares with effect from 11 Mai 2007. With the issue of the 4,526,500 new RHI shares, the share of RHI voting rights attributable to the MS Private Foundation will increase from the […]
Read MoreRHI reported a group profit amounting to EUR 157.9 million in 2006 (previous year: EUR 97.3 million), which contributed substantially to further improving equity in the consolidated balance sheet. Undiluted earnings per share amounted to EUR 5.81 in 2006 (previous year: EUR 4.07), fully diluted earnings per share to EUR 4.01 (previous year: EUR 2.55), […]
Read MoreAccording to para. 91 section 1 Austrian Stock Exchange Act, the MS Private Foundation disclosed that more than 15% of all voting rights on RHI AG shares are attributed to them in terms of law. MS Private Foundation (“MSPF”) had informed RHI on 11 January 2007 (see RHI ad hoc release) that it holds 1,108,500 […]
Read MoreIn the context of a possible exercising of call options and convertible bonds on shares of RHI AG (also see the ad hoc release of RHI AG of January 11, 2007) on the part of the MS Private Foundation (MSPF) of the Austrian investor Martin Schlaff the MSPF has informed RHI AG that, due to […]
Read MoreOn invitation from Deloitte Österreich and the Börse Express, the online magazine of the Wirtschaftsblatt-Publishing, Austria’s corporate group directors have, for the second time, elected the Top Manager of the Year. The winner in the „CFO“ (Financial Director) –category was RHI Finance Manager Dr. Eduard Zehetner. The reason: „Eduard Zehetner stands for the straight forward […]
Read MoreOn 19 December 2006 RHI signed a contract with Vesuvius Crucible Company regarding the acquisition of all relevant assets (“asset deal”) of the US refractories company Monofrax Inc., which, in addition to fixed assets, also comprises all intangible assets and the entire operating business. On 1 February 2007 the transaction was closed, having solved all […]
Read MoreRHI Board of Management receives access to information on MS Private Foundation Last week the RHI Board of Management was informed that the MS Private Foundation holds RHI shares, option agreements and convertible bonds, which – provided a complete conversion of all outstanding convertible bonds – would result in a 29.22% share in the company […]
Read MoreThe executive board of RHI AG (“the Company”) announces that it has received a letter by the board of the MS Private Foundation with the following contents: “MS Private Foundation (“MSPF”) currently holds 1.108.500 shares of RHI AG. In addition, we would like to inform you of the following: MSPF is entitled to acquire an […]
Read MoreRHI Refractories currently produces high-grade refractories solutions for the markets China, Asia/Pacific, Near and Middle East, Russia and North America at four locations in China. The plant in Bayuquan, commissioned in 1996, has been extended in several steps to its current annual capacity of 100,000 tonnes. In 2004, RHI’s first plant in Dalian was established […]
Read MoreClasil Refractories Ltd. is currently commissioning a refractories plant in Venkatapuram in the province Andhra Pradesh. An extension of the plant to include the production of bricks and mixes, the production of prefab parts and a manufacturing line for slide gate plates is scheduled for mid-2007. The Venkatapuram site has an excellent logistic location […]
Read MoreMonofrax Inc. is a subsidiary of Vesuvius Crucible Company and the only producer of fused cast products in the USA, which are used primarily in the glass industry. In 2005, Monofrax reported an annual revenue of USD 45 million in the USA, Asia/Pacific and Europe. Monofrax has innovative products, important patents and excellent business relations […]
Read MoreIn the year 2002 RHI issued 1,809 subordinated convertible bonds of tranche B and another 1,809 convertible bonds of tranche A. For tranche B it has been possible since January 1, 2003 to convert a convertible bond to 5,500 shares of RHI AG at the beginning of each quarter until the end of 2009; for […]
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