The Company notes the recent press speculation regarding RHI Magnesita and a possible transaction involving Kumas Manyezit Sanayi AS. As a market leader in its segment, RHI Magnesita regularly seeks to evaluate opportunities that may arise to participate in the ongoing consolidation of the refractory industry. The Company confirms that there is currently no agreement […]
Read MoreRHI Magnesita announces the granting of awards under the RHI Magnesita Long Term Incentive Plan 2018 (“LTIP”), to a number of persons discharging management responsibilities (“PDMRs”). Awards will normally vest on the third anniversary of the date of grant subject to the performance conditions disclosed on the Company’s website at www.rhimagnesita.com. Shares acquired on vesting […]
Read MoreFollowing the annual general meeting held today at Hilton Amsterdam Airport Schiphol, RHI Magnesita N.V. announces that each of the resolutions set out in the Notice of Meeting to Shareholders dated 26 April 2018 were passed by the requisite majority. A poll was held on each of the resolutions proposed. The results of the poll incorporating […]
Read MoreOctavio Pereira Lopes, the CFO of RHI Magnesita, has informed the Board that it is his intention to leave the Company by the end of 2018 and return to Brazil with his family to pursue other career opportunities. We respect this decision and wish Octavio a lot of success for his new professional chapter and […]
Read More8 May 2018, London. RHI Magnesita N.V. (LSE: RHIM), the global leading supplier of refractory products, systems and services, today announces a trading update for the three months to March 2018. OVERVIEW RHI Magnesita’s first quarter trading performance continues to reflect the positive trends seen in the H217 and the benefits of our high […]
Read MoreIn accordance with Listing Rule 9.6.1, RHI Magnesita N.V. (the “Company”) has submitted today the 2018 Notice of Annual General Meeting (the “AGM Notice”) to the National Storage Mechanism. The AGM Notice will shortly be available for inspection at www.hemscott.com/nsm.do. A copy of the AGM Notice is available through the ‘Investors’ page within our website […]
Read More22 March 2018, London. As announced in the Annual Financial Report 2017 on 21 March 2018, the Board of Directors has recommended a dividend of €0.75 per share for the year ended 31 December 2017, which is subject to shareholders’ approval at the Annual General Meeting to be held on 7 June 2018. The dividend, […]
Read More22 March 2018, London. RHI Magnesita N.V. (LSE: RHIM), a global leading supplier of refractory products, systems and services, announces that it has signed an agreement to refinance existing facilities with a new €305.6 million 5 year term loan, with an initial cost of Euribor (no floor) + 75bps. This new term loan replaces the […]
Read MoreRHI Magnesita N.V. (“RHI Magnesita” or the “Company” or “Group”) Annual Financial Report 2017 RHI Magnesita has today published its Annual Financial Report for the financial year ended 31 December 2017 (the “Annual Report 2017”). In compliance with Listing Rule 9.6.1 a copy of the Annual Report 2017 will be submitted to the […]
Read More28 February 2018, London. RHI Magnesita N.V. (LSE: RHIM), a global leading supplier of refractory products, systems and services, announces updated information on the Integrated Tender Offer for Magnesita Refratários S.A. (“Magnesita”). Appraisal Report As announced by Magnesita yesterday, the Appraisal Report, prepared by BR Partners, an independent appraiser appointed by Magnesita’s Shareholders Meeting held […]
Read More30 January 2018, London. RHI Magnesita N.V. (LSE: RHIM), a global leading supplier of refractory products, systems and services, announces that Magnesita Refratários S.A. (through its fully-owned North American subsidiary Magnesita Refractories Company) has given notice today for the early redemption of the entire principal amount outstanding (US$63.3 million) of its US$ 400 million 7.875% […]
Read More27 December 2017, London. RHI Magnesita N.V. (LSE: RHIM), a global leading supplier of refractory products, systems and services, announces that Magnesita Refratários S.A (through its fully-owned subsidiary Magnesita Finance Ltd) has given notice today for the early redemption of US$70 million of its US$250 million 8.625% Perpetual Notes, to be effected on January 26, […]
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