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

RHI Magnesita NVAnnouncement

29/05/2025 09:30

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RNS Number : 5994K  RHI Magnesita N.V.  29 May 2025

29 May 2025

RHI Magnesita N.V.

("RHI Magnesita" or the "Company")

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 

RHI Magnesita N.V. announces that, on 27 May 2025, a person discharging
managerial responsibilities ("PDMR") exercised share options over 6,017
ordinary shares, represented by depositary interests, of €1 each (the
"Award") in the capital of the Company ("Ordinary Shares" or "Shares"), which
were subsequently sold.

 

The Award, made under the terms of the Company's Long Term Incentive Plan
("LTIP"), was granted on 8 April 2020. It vested on 5 May 2023 following the
assessment of the performance conditions, as disclosed in the 2022
Remuneration Report on page 132 of the 2022 Annual Report, which can be found
on the Company's website at www.rhimagnesita.com (http://www.rhimagnesita.com)
.

 

Shares acquired on exercise must be retained until the fifth anniversary of
the date of grant, being 8 April 2025, 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.

 

To satisfy the exercise of these Awards, shares are being transferred from the
Company's treasury account. No consideration is payable for the exercise of
Awards.

 

The notification below is made in accordance with the requirements of the EU
Market Abuse Regulation as it forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018.

 

 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
      Transaction 1
 a)   Description of the financial instrument, type of instrument  RHI Magnesita NV - Ordinary shares

      Identification code                                          Securities no.: 38785413, ISIN no.: NL0012650360

 b)   Nature of the transaction                                    Exercise of options under the RHI Magnesita LTIP 2020

 c)   Price(s) and volume(s)

                                                                                       Price(s)            Volume(s)
                                                                                       Nil                 6,017

 d)   Aggregated information

                                                                                       Price(s)            Volume(s)
                                                                                       Nil                 6,017

 e)   Date of the transaction                                      27 May 2025

 f)   Place of the transaction                                     Outside a trading venue

      Transaction 2
 a)   Description of the financial instrument, type of instrument  RHI Magnesita NV - Ordinary shares

      Identification code                                          Securities no.: 38785413, ISIN no.: NL0012650360

 b)   Nature of the transaction                                    Sale of Shares acquired upon exercise under the RHI Magnesita LTIP 2020

 c)   Price(s) and volume(s)

                                                                                       Price(s)            Volume(s)
                                                                                       £28.50              6,017

 d)   Aggregated information

      - Aggregated volume                                          6,017

      - Price                                                      £171,457.93

 e)   Date of the transaction                                      27 May 2025

 f)   Place of the transaction                                     London Stock Exchange - Main Market

 

 

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