Block Listing Application

RNS Number : 1343K

RHI Magnesita N.V.

11 December 2018

 

RHI Magnesita N.V.

("RHI Magnesita" or the "Company")

Block listing application

RHI Magnesita N.V. (LSE: RHIM) provides notification that a block listing application has been made to the London Stock Exchange and Financial Conduct Authority for the admission to trading on its main market for listed securities of up to 5,000,000 ordinary shares in the Company (the "Block Listing Shares").

The Block Listing Shares relate to the Integrated Tender Offer made to Magnesita minority shareholders.

The market will be updated on the total number shares listed under the block listing scheme.

The Block Listing Shares will rank pari passu in all respects with all existing ordinary shares in the Company.  It is expected that the block admission will become effective on 12 December 2018.

For further enquiries, please contact:

Guy Marks, Head of Investor Relations

Tel [phone]

E‐mail: [e-mail]

Stefan Rathausky, Head of Corporate Communications

Tel [phone]‐6059

E‐mail: [e-mail]

About RHI Magnesita

RHI Magnesita is the global leading supplier of high-grade refractory products, systems and solutions which are indispensable for industrial 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 more than 10,000 customers in nearly all countries around the world. The Company has broad geographic diversification with more than 14,000 employees in 35 main production sites and more than 70 sales offices. RHI Magnesita intends to use its global leadership position in terms of revenue, greater scale, complementary product portfolio and diversified geographic presence around the world to target opportunistically those countries and regions benefitting from more dynamic economic growth prospects. 

Its shares have a premium listing on the London Stock Exchange (symbol: RHIM) and are a constituent of the FTSE 250 index. For more information please visit: www.rhimagnesita.com

 

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