REG - RHI Magnesita N.V. - Result of AGM

RHI Magnesita NVAnnouncement

07/05/2025 16:15

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RNS Number : 7522H  RHI Magnesita N.V.  07 May 2025

RHI Magnesita N.V.

("RHI Magnesita" or the "Company")

 

Result of the Annual General Meeting 2025 ("AGM")

 

Following the AGM held today, 7 May 2025, RHI Magnesita announces that each of
the voting resolutions set out in the Notice of Meeting to Shareholders, dated
27 March 2025, 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 advance 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 - % of the relevant issued shares  Number of votes withheld
 Resolution 3                                                                     41,354,315  100.00           0              0.00             41,509,812                87.80                                               155,497

 To adopt the annual accounts for the financial year ended 31 December 2024
 Resolution 4                                                                     41,509,812  100.00           0              0.00             41,509,812                87.80                                               0

 To declare a final dividend of €1.20 per share for the financial year ended
 31 December 2024
 Resolution 5                                                                     41,424,307  100.00           350            0.00             41,509,812                87.80                                               85,155

 To release the directors from liability for the exercise of their respective
 duties during the financial year 2024
 Resolution 6. a.                                                                 41,245,752  99.36            263,952        0.64             41,509,812                87.80                                               108

 To re-elect S. Borgas
 Resolution 6. b.                                                                 41,247,035  99.37            262,669        0.63             41,509,812                87.80                                               108

 To re-elect I. Botha
 Resolution 7. a.                                                                 38,464,135  93.45            2,695,569      6.55             41,509,812                87.80                                               350,108

 To re-elect H. Cordt
 Resolution 7. b.                                                                 40,903,196  98.54            606,508        1.46             41,509,812                87.80                                               108

 To re-elect J. Ramsay
 Resolution 7. c.                                                                 41,263,967  99.58            174,869        0.42             41,509,812                87.80                                               70,976

 To re-elect J. Ashdown
 Resolution 7. d.                                                                 40,907,906  98.55            601,798        1.45             41,509,812                87.80                                               108

 To re-elect D. Schlaff
 Resolution 7. e.                                                                 40,907,906  98.55            601,798        1.45             41,509,812                87.80                                               108

 To re-elect S.O.L.B Prinz zu Sayn-Wittgenstein- Berleburg
 Resolution 7. f.                                                                 41,492,795  99.96            16,537         0.04             41,509,812                87.80                                               480

 To re-elect J. Brown
 Resolution 7. g.                                                                 40,902,824  98.54            606,508        1.46             41,509,812                87.80                                               480

 To re-elect K. Sevelda
 Resolution 7. h.                                                                 41,492,795  99.96            16,537         0.04             41,509,812                87.80                                               480

 To re-elect M-H. Ametsreiter
 Resolution 7. i.                                                                 39,841,198  95.98            1,668,134      4.02             41,509,812                87.80                                               480

 To re-elect W. Ruttenstorfer
 Resolution 7. j.                                                                 41,492,795  99.96            16,537         0.04             41,509,812                87.80                                               480

 To re-elect A.K. Lindström
 Resolution 7. k.                                                                 40,907,534  98.55            601,798        1.45             41,509,812                87.80                                               480

 To elect F-F. Buerstedde
 Resolution 8                                                                     41,438,464  100.00           108            0.00             41,509,812                87.80                                               71,240

 To re-appoint PricewaterhouseCoopers Accountants N.V. as the Company's
 external auditor for the financial year 2025.
 Resolution 9                                                                     41,279,860  99.45            229,580        0.55             41,509,812                87.80                                               372

 To approve, as an advisory vote, the Directors' Remuneration Report (excluding
 the Directors' Remuneration Policy) for the period ended 31 December 2024.
 Resolution 10                                                                    41,400,063  99.74            109,377        0.26             41,509,812                87.80                                               372

 Authority to issue ordinary shares or grant rights to acquire ordinary shares.
 Resolution 11                                                                    41,479,732  99.93            29,708         0.07             41,509,812                87.80                                               372

 Limited disapplication of pre-emption rights.
 Resolution 12                                                                    41,272,619  99.43            236,721        0.57             41,509,812                87.80                                               472

 Authority to limit or exclude pre-emptive rights.
 Resolution 13                                                                    41,506,204  100.00           100            0.00             41,509,812                87.80                                               3,508

 Authority to acquire shares in the Company or depositary receipts of such
 shares.
 Resolution 14                                                                    41,509,440  100.00           0              0.00             41,509,812                87.80                                               372

 Authority to cancel any or all shares held in treasury or to be acquired.

 

Notes:

1.   Resolutions 1 and 2 were non-voting resolutions and are therefore not
included in the table above.

2.   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 47,278,546.

3.   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.

4.   In accordance with LR 6.4.13, copies of any resolutions passed as
special business will be submitted to the National Storage Mechanism at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

5.   These results will also shortly be available on the Company's website
at https://ir.rhimagnesita.com/ (https://ir.rhimagnesita.com/)

 

For further enquiries, please contact:

 

Sally Caswell, Company Secretary

Tel: +43 699 1870 6345

E-mail: sally.caswell@rhimagnesita.com (mailto:sally.caswell@RHIMagnesita.com)

 

Chris Bucknall, Head of Investor Relations

Tel: +43 699 1870 6490

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

 

 

About RHI Magnesita

RHI Magnesita is the leading global supplier of high-grade refractory
products, systems and solutions which are critical for high-temperature
processes exceeding 1,200°C in a wide range of industries, including steel,
cement, non-ferrous metals and glass. With a vertically integrated value
chain, from raw materials to refractory products and full performance-based
solutions, RHI Magnesita serves customers around the world, with over 20,000
employees and contractors in 65 main production sites (including raw material
sites), 12 recycling facilities and more than 70 sales offices. RHI Magnesita
intends to leverage its leadership in terms of revenue, scale, product
portfolio and diversified geographic presence to target strategically those
countries and regions benefiting from more dynamic economic growth prospects.

The Group is listed within the Equity Shares (Commercial Companies) category
("ESCC") of the Official List of the London Stock Exchange (symbol: RHIM) and
is a constituent of the FTSE 250 index, with a secondary listing on the Vienna
Stock Exchange (Wiener Börse). For more information please visit:
www.rhimagnesita.com

 

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