REG - RHI Magnesita N.V. - Director/PDMR Shareholding

RHI Magnesita NVAnnouncement

08/03/2024 09:30

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RNS Number : 1608G  RHI Magnesita N.V.  08 March 2024

RHI Magnesita N.V.

("RHI Magnesita" or the "Company")

 

2024 Long Term Incentive Plan and Grant of Options to PDMRs

 

RHI Magnesita announces the granting of awards under the RHI Magnesita Long
Term Incentive Plan ("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 in the 2023 Remuneration
Report, which can be found on the Company's website at www.rhimagnesita.com
(http://www.rhimagnesita.com/) . Shares acquired on vesting must then be
retained until the fifth anniversary of the date of grant, other than to pay
related taxes. The awards are subject to clawback provisions as outlined in
the LTIP rules, available on the Company's website.

 

No consideration is payable for the grant or vesting of awards. The price used
to calculate the maximum number of ordinary shares under the LTIP was £35.74,
being the average closing price on 29(th) February, and 1(st), 4(th), 5(th)
and 6(th) March 2024 of the Company's shares on the main market of the London
Stock Exchange.

 

The following PDMRs were granted awards of nil cost Performance options:

 

 

 Director/PDMR                                                                  Position                                                                  Options awarded
 Stefan                                                                         Chief Executive Officer                                                   57,995
 Borgas
 Ian Botha                                                                      Chief Financial Officer                                                   25,425
 Rajah Jayendran                                                                Chief Technology Officer                                                  16,624
 Gustavo Franco                                                                 Chief Customer Officer                                                    20,056
 Ticiana Kobel                                                                  Executive Vice President,                                                 10,151

                                                                                Legal & Digital Transformation
 Simone Oremovic                                                                Executive Vice President People, Projects, Global Supply Chain & IMO      10,151

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated

 a)  Name                                                         Stefan Borgas
 2   Reason for the notification
 a)  Position/status                                              Chief Executive Officer
 b)  Initial notification/Amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         RHI Magnesita N.V.
 b)  LEI                                                          724500UWG6A61XNA3Y36

National company register number: 68991665
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of €1 each

     Identification code                                          Securities no.: 38785413, ISIN no.: NL0012650360
 b)  Nature of the transaction                                    Grant of nil cost options under the RHI Magnesita Long-Term Incentive Plan
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                            nil       57,995

 d)  Aggregated information                                       Price(s)  Volume(s)

                                                            nil       57,995

 e)  Date of the transaction                                      07 March 2024
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

 

 Price(s)  Volume(s)
 nil       57,995

e)

Date of the transaction

07 March 2024

f)

Place of the transaction

Outside a trading venue

 

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Ian Botha
 2   Reason for the notification
 a)  Position/status                                              Chief Financial Officer
 b)  Initial notification/Amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         RHI Magnesita N.V.
 b)  LEI                                                          724500UWG6A61XNA3Y36

National company register number: 68991665
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of €1 each

     Identification code                                          Securities no.: 38785413, ISIN no.: NL0012650360
 b)  Nature of the transaction                                    Grant of nil cost options under the RHI Magnesita Long-Term Incentive Plan
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                            nil       25,425

 d)  Aggregated information                                       Price(s)  Volume(s)

                                                            nil       25,425

 e)  Date of the transaction                                      07 March 2024
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

 

 Price(s)  Volume(s)
 nil       25,425

e)

Date of the transaction

07 March 2024

f)

Place of the transaction

Outside a trading venue

 

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Rajah Jayendran
 2   Reason for the notification
 a)  Position/status                                              Chief Technology Officer
 b)  Initial notification/Amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         RHI Magnesita N.V.
 b)  LEI                                                          724500UWG6A61XNA3Y36

National company register number: 68991665
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of €1 each

     Identification code                                          Securities no.: 38785413, ISIN no.: NL0012650360
 b)  Nature of the transaction                                    Grant of nil cost options under the RHI Magnesita Long-Term Incentive Plan
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                            nil       16,624

 d)  Aggregated information                                       Price(s)  Volume(s)

                                                            nil       16,624

 e)  Date of the transaction                                      07 March 2024
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

 

 Price(s)  Volume(s)
 nil       16,624

e)

Date of the transaction

07 March 2024

f)

Place of the transaction

Outside a trading venue

 

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Gustavo Franco
 2   Reason for the notification
 a)  Position/status                                              Chief Customer Officer
 b)  Initial notification/Amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         RHI Magnesita N.V.
 b)  LEI                                                          724500UWG6A61XNA3Y36

National company register number: 68991665
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of €1 each

     Identification code                                          Securities no.: 38785413, ISIN no.: NL0012650360
 b)  Nature of the transaction                                    Grant of nil cost options under the RHI Magnesita Long-Term Incentive Plan
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                            nil       20,056

 d)  Aggregated information                                       Price(s)  Volume(s)

                                                            nil       20,056

 e)  Date of the transaction                                      07 March 2024
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

 

 Price(s)  Volume(s)
 nil       20,056

e)

Date of the transaction

07 March 2024

f)

Place of the transaction

Outside a trading venue

 

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Ticiana Kobel
 2   Reason for the notification
 a)  Position/status                                              Executive Vice President,

                                                                  Legal & Digital Transformation
 b)  Initial notification/Amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         RHI Magnesita N.V.
 b)  LEI                                                          724500UWG6A61XNA3Y36

National company register number: 68991665
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of €1 each

     Identification code                                          Securities no.: 38785413, ISIN no.: NL0012650360
 b)  Nature of the transaction                                    Grant of nil cost options under the RHI Magnesita Long-Term Incentive Plan
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                            nil       10,151

 d)  Aggregated information                                       Price(s)  Volume(s)

                                                            nil       10,151

 e)  Date of the transaction                                      07 March 2024
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

 

 Price(s)  Volume(s)
 nil       10,151

e)

Date of the transaction

07 March 2024

f)

Place of the transaction

Outside a trading venue

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Simone Oremovic
 2   Reason for the notification
 a)  Position/status                                              Executive VP People, Projects & Value Chain
 b)  Initial notification/Amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         RHI Magnesita N.V.
 b)  LEI                                                          724500UWG6A61XNA3Y36

National company register number: 68991665
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of €1 each

     Identification code                                          Securities no.: 38785413, ISIN no.: NL0012650360
 b)  Nature of the transaction                                    Grant of nil cost options under the RHI Magnesita Long-Term Incentive Plan
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                            nil       10,151

 d)  Aggregated information                                       Price(s)  Volume(s)

                                                            nil       10,151

 e)  Date of the transaction                                      07 March 2024
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

 

 Price(s)  Volume(s)
 nil       10,151

e)

Date of the transaction

07 March 2024

f)

Place of the transaction

Outside a trading venue

 

 

 

 

For further enquiries, please contact:

 

Sally Caswell, Company Secretary

T: +43 502 136 345

E: Sally.Caswell@rhimagnesita.com

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