RHI Magnesita N.V. Transaction in Own Shares (3186H)
02 Agosto 2021 - 12:00PM
UK Regulatory
TIDMRHIM
RNS Number : 3186H
RHI Magnesita N.V.
02 August 2021
RHI Magnesita N.V.
("RHI Magnesita" the "Company" or the "Group")
Share buyback programme of up to EUR50 million
RHI Magnesita N.V. (the "Company") announces that on 2 August
2021 it purchased the following number of its ordinary shares,
represented by depositary interests, of one euro each pursuant to
its EUR50 million share repurchase programme, details of which were
announced on 5 May 2021 (the "Programme").
Description of shares: RHI Magnesita N.V. - ordinary shares
represented by depositary interests of one euro nominal value
each
Number of shares repurchased: 18,648
Date of transaction: 2 August 2021
Time of transaction: 08.01 - 16.29
Volume weighted average price paid per share: 3828.89 pence
Lowest price paid per share: 3782.00 pence
Highest price paid per share: 3890.00 pence
Venue: XLON
Broker: Barclays Bank Ireland PLC
Total number of shares repurchased pursuant to the Programme to
date: 292,345
The Company intends to hold the purchased shares in treasury.
Following the purchase of these shares, the remaining number of
ordinary shares in issue will be 47,027,209 (excluding treasury
shares), and the Company will hold 2,450,496 ordinary shares in
Treasury.
The figure of 47,027,209 may be used by shareholders (and others
with notification obligations) as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
Company under the Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of Regulation (EU) No
596/2014 (the Market Abuse Regulation) and Article 10(5)(a)(i) of
the Market Abuse (Amendment) (EU Exit) Regulations 2019, detailed
information about the individual purchases is available through the
link below:
http://www.rns-pdf.londonstockexchange.com/rns/3186H_1-2021-8-2.pdf
For further enquiries, please contact:
Chris Bucknall, Head of Investor Relations
Tel +43 699 1870 6490
E--mail: 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 1,200degC 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 12,000
employees in 30 main production sites 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
benefitting from more dynamic economic growth prospects.
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 Vienna Stock
Exchange (Wiener Börse). For more information please visit:
www.rhimagnesita.com
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END
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