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

RHI Magnesita NVAnnouncement

02/05/2024 16:00

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RNS Number : 0653N  RHI Magnesita N.V.  02 May 2024

RHI Magnesita N.V.

("RHI Magnesita" or the "Company")

 

Result of the Annual General Meeting 2024 ("AGM")

 

Following the AGM held today, 2 May 2024, RHI Magnesita announces that each of
the voting resolutions set out in the Notice of Meeting to Shareholders, dated
21 March 2024, 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 as a % of the relevant shares in issue  Number of votes withheld
 Resolution 3                                                                     37,752,469  100.00           15             0.00             37,891,031                80.38                                                    138,547

 To adopt the annual accounts for the financial year ended 31 December 2023
 Resolution 4                                                                     37,890,681  100.00           0              0.00             37,891,031                80.38                                                    350

 To declare a final dividend of €1.25 per share for the financial year ended
 31 December 2023
 Resolution 5                                                                     37,816,221  100.00           0              0.00             37,891,031                80.38                                                    74,810

 To release the directors from liability for the exercise of their respective
 duties during the financial year 2023
 Resolution 6. a.                                                                 37,571,797  99.16            318,884        0.84             37,891,031                80.38                                                    350

 To re-elect S. Borgas
 Resolution 6. b.                                                                 37,835,155  99.85            55,526         0.15             37,891,031                80.38                                                    350

 To re-elect I. Botha
 Resolution 7. a.                                                                 34,562,949  91.32            3,285,698      8.68             37,891,031                80.38                                                    42,384

 To re-elect H. Cordt
 Resolution 7. b.                                                                 37,765,403  99.67            125,278        0.33             37,891,031                80.38                                                    350

 To re-elect J. Ramsay
 Resolution 7. c.                                                                 37,531,786  99.05            358,895        0.95             37,891,031                80.38                                                    350

 To re-elect J. Ashdown
 Resolution 7. d.                                                                 37,454,838  98.85            435,843        1.15             37,891,031                80.38                                                    350

 To re-elect D. Schlaff
 Resolution 7. e.                                                                 37,454,838  98.85            435,843        1.15             37,891,031                80.38                                                    350

 To re-elect S.O.L.B Prinz zu Sayn-Wittgenstein- Berleburg
 Resolution 7. f.                                                                 37,868,463  99.94            22,218         0.06             37,891,031                80.38                                                    350

 To re-elect J. Brown
 Resolution 7. g.                                                                 37,785,823  99.72            104,858        0.28             37,891,031                80.38                                                    350

 To re-elect K. Sevelda
 Resolution 7. h.                                                                 37,866,368  99.94            24,313         0.06             37,891,031                80.38                                                    350

 To re-elect M-H. Ametsreiter
 Resolution 7. i.                                                                 35,583,587  93.91            2,307,094      6.09             37,891,031                80.38                                                    350

 To re-elect W. Ruttenstorfer
 Resolution 7. J.                                                                 37,888,430  99.99            2,251          0.01             37,891,031                80.38                                                    350

 To elect A.K. Lindström
 Resolution 8                                                                     37,823,824  99.82            66,857         0.18             37,891,031                80.38                                                    350

 To re-appoint PricewaterhouseCoopers Accountants N.V. as the Company's auditor
 for the financial year 2024.
 Resolution 9                                                                     37,532,647  99.06            358,034        0.94             37,891,031                80.38                                                    350

 To approve, as an advisory vote, the Directors' Remuneration Report (excluding
 the Directors' Remuneration Policy) for the period ended 31 December 2023.
 Resolution 10                                                                    36,838,330  97.22            1,052,351      2.78             37,891,031                80.38                                                    350

 To adopt the Directors' Remuneration Policy, which takes effect from 1 January
 2024.
 Resolution 11                                                                    37,890,681  100.00           0              0.00             37,891,031                80.38                                                    350

 To establish the proposed remuneration of the Non-Executive Directors.
 Resolution 12                                                                    37,804,468  99.77            86,563         0.23             37,891,031                80.38                                                    0

 Authority to issue ordinary shares or grant rights to acquire ordinary shares.
 Resolution 13                                                                    37,863,199  99.93            27,832         0.07             37,891,031                80.38                                                    0

 Limited disapplication of pre-emption rights.
 Resolution 14                                                                    37,776,741  99.70            114,290        0.30             37,891,031                80.38                                                    0

 Authority to limit or exclude pre-emptive rights.
 Resolution 15                                                                    37,816,763  99.82            68,952         0.18             37,891,031                80.38                                                    5,316

 Authority to acquire shares in the Company or depositary receipts of such
 shares.
 Resolution 16                                                                    37,891,031  100.00           0              0.00             37,891,031                80.38                                                    0

 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 47,137,206.

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 9.6.2, 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 around 16,000
employees in 47 production sites, 8 recycling facilities and more than 70
sales offices. RHI Magnesita intends to build on its leadership in terms of
revenue, scale, product portfolio and diversified geographic presence to
expand further in high growth markets.

The Group maintains a premium listing on 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 prime segment of the Vienna Stock Exchange (Wiener
Börse). For more information please visit: www.rhimagnesita.com
(http://www.rhimagnesita.com/) .

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