Director/PDMR Shareholding

RNS Number : 2447J

RHI Magnesita N.V.

08 April 2020

 

RHI Magnesita N.V.

("RHI Magnesita" or the "Company")

2020 Long Term Incentive Plan and Grant of Options to PDMRs

RHI Magnesita N.V. (the "Company") 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 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 £19.98, being the average closing price on 1^st, 2^nd, 3^rd, 6^th and 7^th April 2020 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	90,396
Ian Botha	Chief Financial Officer	39,647
Gerd Schubert	Chief Operations Officer	27,753
Gustavo Goncalves Franco	Chief Sales Officer	31,057
Ticiana Kobel	Executive VP General Legal Counsel	9,867
Luis Rodolfo Mariani Bittencourt	Chief Technical Officer	19,471
Luiz Rossato	Executive VP Corporate Development	17,973
Simone Oremovic	Executive VP People & Culture/Corporate Communications	13,215
Thomas Jakowiak	Executive VP Integration Management	19,295

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 instrument Identification code	Ordinary shares of €1 each Securities no.: 38785413, ISIN no.: NL0012650360
b)	Nature of the transaction	Grant of nil cost options under the RHI Magnesita Long-Term Incentive Plan 2019
c)	Price(s) and volume(s)	Price(s) Volume(s) nil 90,396
d)	Aggregated information	Price(s) Volume(s) nil 90,396
e)	Date of the transaction	8th April 2020
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 instrument Identification code	Ordinary shares of €1 each Securities no.: 38785413, ISIN no.: NL0012650360
b)	Nature of the transaction	Grant of nil cost options under the RHI Magnesita Long-Term Incentive Plan 2019
c)	Price(s) and volume(s)	Price(s) Volume(s) nil 39,647
d)	Aggregated information	Price(s) Volume(s) nil 39,647
e)	Date of the transaction	8th April 2020
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Gerd Schubert
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 instrument Identification code	Ordinary shares of €1 each Securities no.: 38785413, ISIN no.: NL0012650360
b)	Nature of the transaction	Grant of nil cost options under the RHI Magnesita Long-Term Incentive Plan 2019
c)	Price(s) and volume(s)	Price(s) Volume(s) nil 27,753
d)	Aggregated information	Price(s) Volume(s) nil 27,753
e)	Date of the transaction	8th April 2020
f)	Place of the transaction	Outside a trading venue
1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Gustavo Goncalves 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 instrument Identification code	Ordinary shares of €1 each Securities no.: 38785413, ISIN no.: NL0012650360
b)	Nature of the transaction	Grant of nil cost options under the RHI Magnesita Long-Term Incentive Plan 2019
c)	Price(s) and volume(s)	Price(s) Volume(s) nil 31,057
d)	Aggregated information	Price(s) Volume(s) nil 31,057
e)	Date of the transaction	8th April 2020
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 General Legal Counsel
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 instrument Identification code	Ordinary shares of €1 each Securities no.: 38785413, ISIN no.: NL0012650360
b)	Nature of the transaction	Grant of nil cost options under the RHI Magnesita Long-Term Incentive Plan 2019
c)	Price(s) and volume(s)	Price(s) Volume(s) nil 9,867
d)	Aggregated information	Price(s) Volume(s) nil 9,867
e)	Date of the transaction	8th April 2020
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Luis Rodolfo Mariani Bittencourt
2	Reason for the notification
a)	Position/status	Chief Technical 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 instrument Identification code	Ordinary shares of €1 each Securities no.: 38785413, ISIN no.: NL0012650360
b)	Nature of the transaction	Grant of nil cost options under the RHI Magnesita Long-Term Incentive Plan 2019
c)	Price(s) and volume(s)	Price(s) Volume(s) nil 19,471
d)	Aggregated information	Price(s) Volume(s) nil 19,471
e)	Date of the transaction	8th April 2020
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Luiz Rossato
2	Reason for the notification
a)	Position/status	Executive VP Corporate Development
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 instrument Identification code	Ordinary shares of €1 each Securities no.: 38785413, ISIN no.: NL0012650360
b)	Nature of the transaction	Grant of nil cost options under the RHI Magnesita Long-Term Incentive Plan 2019
c)	Price(s) and volume(s)	Price(s) Volume(s) nil 17,973
d)	Aggregated information	Price(s) Volume(s) nil 17,973
e)	Date of the transaction	8th April 2020
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 & Culture/Corporate Communications
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 instrument Identification code	Ordinary shares of €1 each Securities no.: 38785413, ISIN no.: NL0012650360
b)	Nature of the transaction	Grant of nil cost options under the RHI Magnesita Long-Term Incentive Plan 2019
c)	Price(s) and volume(s)	Price(s) Volume(s) nil 13,215
d)	Aggregated information	Price(s) Volume(s) nil 13,215
e)	Date of the transaction	8th April 2020
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Thomas Jakowiak
2	Reason for the notification
a)	Position/status	Executive VP Integration Management
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 instrument Identification code	Ordinary shares of €1 each Securities no.: 38785413, ISIN no.: NL0012650360
b)	Nature of the transaction	Grant of nil cost options under the RHI Magnesita Long-Term Incentive Plan 2019
c)	Price(s) and volume(s)	Price(s) Volume(s) nil 19,295
d)	Aggregated information	Price(s) Volume(s) nil 19,295
e)	Date of the transaction	8th April 2020
f)	Place of the transaction	Outside a trading venue

For further enquiries, please contact:

Guy Marks, Head of Investor Relations
Tel [phone]
E‐mail:  [e-mail]

 

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