Regulatory News

21.09.2018

Update on Position of Chief Financial Officer

Vienna/London, 21th September 2018 THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION On June 5, 2018, RHI Magnesita announced that Octavio Pereira Lopes, its CFO and Executive Director, had informed the Board of his intention to leave the Company by the end of 2018 and return to Brazil. The Company also announced that a broad search process to […]

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16.08.2018

UNAUDITED HALF YEAR RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2018

UNAUDITED HALF YEAR RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2018  Delivering Strong Operating Profits and Synergy Upgrades   Reported Adjustments1   Adjusted Pro forma at constant currency Financial Summary H1 2018 H1 2017 H1 2018 H1 2017 €m €m €m €m Change % Revenue 1,508 855         1,508    1,210 24.6% EBITA      229 64 […]

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06.08.2018

New US$600 Million 5-year Term Loan and Multi-currency Revolving Credit Facility

RHI Magnesita N.V. (LSE: RHIM), a global leading supplier of refractory products, systems and services, announces the successful syndication of a new unsecured US$600 million 5-year term loan and multi-currency revolving credit facility with a syndicate of 10 international banks. The initial margin on the Term Loan is 100bps and 75bps for the RCF. The […]

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01.08.2018

Notification under Listing Rule 9.6.14R

In accordance with Listing Rule 9.6.14R, RHI Magnesita N.V. notifies the market that Andrew Hosty, an independent Non-Executive Director, will be appointed as a Non-Executive Director of James Cropper Plc (listed on the London Stock Exchange) with effect from 1st August 2018. As required by the Listing Rules, it is confirmed that there are no […]

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27.06.2018

Press Speculation

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 […]

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07.06.2018

Long Term Incentive Plan Awards

RHI 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 […]

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07.06.2018

Result of Annual General Meeting 2018

Following 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 […]

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05.06.2018

Future Directorate Change

Octavio 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 […]

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08.05.2018

Trading Update

8 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 […]

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26.04.2018

2018 Notice of Annual General Meeting

In 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 […]

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22.03.2018

Dividend record date

22 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, […]

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22.03.2018

Completion of Term Loan Refinancing

22 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 […]

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21.03.2018

Results for the year ended 31 December 2017

RHI 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 […]

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28.02.2018

Update on the integrated tender offer for Magnesita

28 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 […]

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31.01.2018

Notice of redemption

30 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% […]

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28.12.2017

Perpetual bonds partial early redemption

27 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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01.12.2017

Completion of merger control divestments

30 November 2017, London.  RHI Magnesita N.V. (LSE: RHIM), a global leading supplier of refractory products, systems and services, today announces the completion of its merger control divestments for a consideration of €42.6m. As previously disclosed, on June 28, 2017, the European Commission approved the combination of RHI AG and Magnesita Refratarios S.A. (“Magnesita”), subject […]

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15.11.2017

Company Secretary Announcement

The Company is pleased to announce the appointment of Robert Moorhouse as Group Company Secretary with effect from November 16th, 2017. Mr Moorhouse will succeed Robert Rantfler, who has been acting as Group Company Secretary since the admission of the Company’s shares to listing in London on 27th October 2017. Mr Rantfler will continue in […]

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13.11.2017

Trading Update

13 November 2017, London – RHI Magnesita N.V. (LSE: RHIM), a global leading supplier of refractory products, systems and services, today announces a trading update as a combined group for the nine months to September 2017. OVERVIEW RHI Magnesita’s year-to-date trading performance has improved significantly since Q2, as underlying market conditions reflect a recovery of the activity […]

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02.11.2017

Disclosure of Home Member State

Following admission of the Company’s securities to the Official List on 27 October 2017, the Company is required to disclose its home state. Accordingly, the Company announces that its home state is the Netherlands. It has given notices to that effect to the Dutch securities market regulator, De Autoriteit Financiële Markten (the Authority for Financial […]

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01.11.2017

Total Voting Rights and Capital

The Company announces that, as at 31 October 2017, its issued share capital consists of 44,819,039 ordinary shares of €1 each, with each Ordinary share carrying the right to one vote. The above figure (44,819,039) may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they can […]

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27.10.2017

RHI Magnesita N.V. Admission to the London Stock Exchange

27 October 2017, London – Further to the announcements made by RHI AG (“RHI”) and Magnesita Refratarios S.A. (“Magnesita”) on 17 October 2017, RHI Magnesita N.V. (“RHI Magnesita” or the “Company”) is pleased to announce that all issued ordinary shares of RHI Magnesita will today be admitted to the premium segment of the Official List […]

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17.10.2017

Listing prospectus approved, final steps for business combination of RHI and Magnesita decided (ad hoc)

  • Prospectus for the listing of the shares of RHI Magnesita on the London Stock Exchange approved by the Dutch Authority for the Financial Markets (AFM) • Last trading day on the Vienna Stock Exchange expected for October 25, 2017 • Closing date of the transaction foreseen for October 26, 2017 • First day […]

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