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

RHI Magnesita NVAnnouncement

01/04/2025 17:00

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RNS Number : 2152D  RHI Magnesita N.V.  01 April 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. announced on 28 March 2025 that, a person discharging
managerial responsibilities ("PDMR") exercised share options over 58,755
ordinary shares, represented by depositary interests, of €1 each (the
"Award") in the capital of the Company ("Ordinary Shares" or "Shares"). The
Award, made under the terms of the Company's Long Term Incentive Plan
("LTIP"), was granted on 8 March 2022. Shares acquired on exercise must be
retained until the fifth anniversary of the date of grant, being 8 March 2027,
other than to pay related taxes.

 

It was announced on 28 March 2025 that shares would be sold to cover taxes
over a period of time and this notification updates on the sale of those
shares to cover taxes.

 

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                                                         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
      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                                    Sale of shares to fund the tax liability due from exercise of 2022 LTIP

 c)   Price(s) and volume(s)

                                                                                       Price(s)            Volume(s)
                                                                                       £32.14              2,398

 d)   Aggregated information

      - Aggregated volume                                          2,398

      - Price                                                      £77,074.65

 e)   Date of the transaction                                      28 March 2025

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

      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 to fund the tax liability due from exercise of 2022 LTIP

 c)   Price(s) and volume(s)

                                                                                       Price(s)            Volume(s)
                                                                                       £30.65              5,598

 d)   Aggregated information

      - Aggregated volume                                          5,598

      - Price                                                      £171,573.12

 e)   Date of the transaction                                      31 March 2025

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

 

For further enquiries, please contact:

Chris Bucknall, Head of Investor Relations

Tel: +43 699 1870 6490

E‐mail: chris.bucknall@rhimagnesita.com
(mailto:chris.bucknall@rhimagnesita.com)

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