RHI Magnesita N.V. Transaction in Own Shares (0063C)
16 June 2021 - 2:25AM
UK Regulatory
TIDMRHIM
RNS Number : 0063C
RHI Magnesita N.V.
15 June 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 15 June
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: 13,600
Date of transaction: 15 June 2021
Time of transaction: 08.00 - 16.29
Volume weighted average price paid per share: 4,367.91 pence
Lowest price paid per share: 4302.00 pence
Highest price paid per share: 4466.00 pence
Venue: XLON
Broker: Barclays Bank Ireland PLC
Total number of shares repurchased pursuant to the Programme to
date: 389,003
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 47,618,995 (excluding treasury
shares), and the Company will hold 1,858,710 ordinary shares in
Treasury.
The figure of 47,618,995 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 Regulation (EU) No 596/2014 as it forms part
of UK domestic law by virtue of the European Union (Withdrawal) Act
2018, detailed information about the individual purchases is
available through the link below:
http://www.rns-pdf.londonstockexchange.com/rns/0063C_1-2021-6-15.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 28 main production sites and more than 70 sales
offices. RHI Magnesita intends to build on its leadership in
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 Vienna Stock
Exchange (Wiener Börse). For more information please visit:
www.rhimagnesita.com
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END
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