TIDMRHIM

RNS Number : 1870E

RHI Magnesita N.V.

09 March 2022

RHI Magnesita N.V.

("RHI Magnesita" or the "Company")

202 2 Long Term Incentive Plan and Grant of Options to PDMRs

RHI Magnesita N.V. today 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 2021 Remuneration Report, which can be found on the Company's website at 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 GBP25.90, being the average closing price on 1(st) , 2(nd) , 3(rd) , 4(th) and 7th March 2022 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 Borgas       Chief Executive Officer                          70,372 
                    ----------------------------------------------  --------- 
 Ian Botha           Chief Financial Officer                          30,852 
                    ----------------------------------------------  --------- 
 Rajah Jayendran     Chief Operations Officer                         15,691 
                    ----------------------------------------------  --------- 
 Gustavo Franco      Chief Sales Officer                              24,333 
                    ----------------------------------------------  --------- 
                     Executive VP Legal, Corporate Communications 
 Ticiana Kobel        & Purchasing                                    11,707 
                    ----------------------------------------------  --------- 
 Luis Bittencourt    Chief Technology Officer                         11,739 
                    ----------------------------------------------  --------- 
                     Executive VP People, Project & Value 
 Simone Oremovic      Chain                                           11,707 
                    ----------------------------------------------  --------- 
 
 
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          Ordinary shares of EUR1 each 
    instrument                                                 Securities no.: 38785413, ISIN no.: NL0012650360 
    Identification code 
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        70,372 
d)  Aggregated information                                    Price(s)   Volume(s) 
                                                               nil        70,372 
e)  Date of the transaction                                   08 March 2022 
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          Ordinary shares of EUR1 each 
    instrument                                                 Securities no.: 38785413, ISIN no.: NL0012650360 
    Identification code 
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        30,852 
d)  Aggregated information                                    Price(s)   Volume(s) 
                                                               nil        30,852 
e)  Date of the transaction                                   08 March 2022 
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 Operations 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          Ordinary shares of EUR1 each 
    instrument                                                 Securities no.: 38785413, ISIN no.: NL0012650360 
    Identification code 
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        15,691 
d)  Aggregated information                                    Price(s)   Volume(s) 
                                                               nil        15,691 
e)  Date of the transaction                                   08 March 2022 
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 Sales 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          Ordinary shares of EUR1 each 
    instrument                                                 Securities no.: 38785413, ISIN no.: NL0012650360 
    Identification code 
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        24,333 
d)  Aggregated information                                    Price(s)   Volume(s) 
                                                               nil        24,333 
e)  Date of the transaction                                   08 March 2022 
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 VP Legal, Corporate Communications & 
                                                              Purchasing 
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          Ordinary shares of EUR1 each 
    instrument                                                 Securities no.: 38785413, ISIN no.: NL0012650360 
    Identification code 
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        11,707 
d)  Aggregated information                                    Price(s)   Volume(s) 
                                                               nil        11,707 
e)  Date of the transaction                                   08 March 2022 
f)  Place of the transaction                                  Outside a trading venue 
 
 
1   Details of the person discharging managerial responsibilities/person closely associated 
a)  Name                                                      Luis Bittencourt 
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          Ordinary shares of EUR1 each 
    instrument                                                 Securities no.: 38785413, ISIN no.: NL0012650360 
    Identification code 
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        11,739 
d)  Aggregated information                                    Price(s)   Volume(s) 
                                                               nil        11,739 
e)  Date of the transaction                                   08 March 2022 
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, Project & 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          Ordinary shares of EUR1 each 
    instrument                                                 Securities no.: 38785413, ISIN no.: NL0012650360 
    Identification code 
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        11,707 
d)  Aggregated information                                    Price(s)   Volume(s) 
                                                               nil        11,707 
e)  Date of the transaction                                   08 March 2022 
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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END

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March 09, 2022 05:01 ET (10:01 GMT)

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