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RHI Magnesita InvestorsRegulatory NewsResult of Annual General Meeting 2018

Result of Annual General Meeting 2018

07. June 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 proxy votes lodged in advanced of the meeting are set out below:

Resolutions Votes For % of
Votes
Cast		 Votes Against % of
Votes
Cast 		 Total Votes
Validly Cast 		 Total Votes Cast as a %of the Relevant Shares in Issue Number of Votes Withheld
Resolution 4
To adopt the annual accounts for the year ended 31 December 2017.		 27,273,696 100.00 0 0.00 27,273,696 60.85% 0
Resolution 5
Approval of a final dividend of €0.75 per share.		 27,273,696 100.00 0 0.00 27,273,696 60.85% 0
Resolution 6
To release the directors from liability.		 27,273,696 100.00 0 0.00 27,273,696 60.85% 0
Resolution 7
To determine the number of executive directors and non-executive directors.		 27,194,851 99.71 78,845 0.29 27,273,696 60.85% 0
Resolution 8. a.
To re-elect S. Borgas		 27,208,285 99.76 65,411 0.24 27,273,696 60.85% 0
Resolution 8. b.
To re-elect O. Cortes Pereira Lopes		 27,186,774 99.68 86,922 0.32 27,273,696 60.85% 0
Resolution 9. a.
To re-elect H. Cordt		 26,805,669 98.28 468,026 1.72 27,273,696 60.85% 1
Resolution 9. b.
To re-elect W. Ruttenstorfer		 27,232,076 99.85 41,619 0.15 27,273,696 60.85% 1
Resolution 9. c.
To re-elect S.O.L.B Prinz zu Sayn-Wittgenstein- Berleburg		 27,051,608 99.19 222,087 0.81 27,273,696 60.85% 1
Resolution 9. d.
To re-elect D.A. Schlaff		 26,817,070 98.33 456,625 1.67 27,273,696 60.85% 1
Resolution 9. e.
To re-elect K. Sevelda		 27,252,297 99.92 21,399 0.08 27,273,696 60.85% 0
Resolution 9. f.
To re-elect C.F. Baxter		 27,240,297 99.88 33,399 0.12 27,273,696 60.85% 0
Resolution 9. g.
To re-elect J.W. Leng		 27,205,933 99.75 67,763 0.25 27,273,696 60.85% 0
Resolution 9. h.
To re-elect F. Lamas Lambranho		 27,051,608 99.19 222,087 0.81 27,273,696 60.85% 1
Resolution 9. i.
To re-elect J. Ramsay		 27,187,702 99.68 85,993 0.32 27,273,696 60.85% 1
Resolution 9. j.
To re-elect A.J. Hosty		 27,216,559 99.79 57,137 0.21 27,273,696 60.85% 0
Resolution 10
To reappoint PWC as auditors.		 27,157,040 99.57 116,655 0.43 27,273,696 60.85% 1
Resolution 12
To adopt a new directors’ remuneration policy.		 27,139,139 99.51 134,556 0.49 27,273,696 60.85% 1
Resolution 13
To approve the remuneration report.		 27,204,121 99.99 2,404 0.01 27,273,696 60.85% 67,171
Resolution 14
To approve the Rules of the RHI Magnesita Long Term Incentive Plan		 27,173,549 99.63 100,146 0.37 27,273,696 60.85% 1
Resolution 15
Authority to issue ordinary shares or grant rights to acquire ordinary shares.		 27,179,698 99.66 93,998 0.34 27,273,696 60.85% 0
Resolution 16
Limited disapplication of pre-emption rights.		 27,273,696 100.00 0 0.00 27,273,696 60.85% 0
Resolution 17
Limited disapplication of pre-emption rights (financing an acquisition or other capital investment).		 27,217,592 99.79 56,103 0.21 27,273,696 60.85% 1
Resolution 18
Authority to acquire shares in the Company or depositary receipts of such shares.		 27,243,150 100.00 0 0.00 27,273,696 60.85% 30,546

 

Notes:

  1. The total voting rights of the Company on the day on which shareholders had to be on the register in order to be eligible to vote was 44,819,039.
  2. A “Vote withheld” is not a vote in law and is not counted in the calculation of the % of shares voted “For” or “Against” a resolution.
  3. In accordance with LR 9.6.2, copies of the resolutions passed have been submitted to the National Storage Mechanism website and will be available for inspection at www.morningstar.co.uk/uk/NSM.
  4. These poll results will be available shortly on the Company’s website at www.rhimagnesita.com.

 

About RHI Magnesita
RHI Magnesita is the result of the combination of RHI and Magnesita to form the global leading supplier of high-grade refractory products, systems and services which are indispensable for industrial high-temperature processes exceeding 1,200°C in a wide range of industries, including steel, cement, non-ferrous metals, and glass, among others. With a vertically integrated value chain, from raw materials to refractory products and full performance-based solutions, RHI Magnesita serves more than 10,000 customers in nearly all countries around the world.

The Company has unmatched geographic diversification with more than 14,000 employees in 35 main production sites and more than 70 sales offices. RHI Magnesita intends to use its global leadership position in terms of revenue, greater scale, complementary product portfolio and diversified geographic presence around the world to target opportunistically those countries and regions benefitting from more dynamic economic growth prospects.

For more information please visit: www.rhimagnesita.com.

 

Enquiries:

RHI Magnesita N.V.

Eduardo Gotilla, Head of Corporate Finance and Investor Relations
E-mail: eduardo.gotilla@rhimagnesita.com

Stefan Rathausky, Head of Corporate Communications
E-mail: stefan.rathausky@rhimagnesita.com