Resignation of Director

RNS Number : 7807N

RHI Magnesita N.V.

22 January 2019

 

RHI Magnesita N.V.

("RHI Magnesita" or the "Company")

Resignation of Director

RHI Magnesita announces that Fersen Lambranho, Non-Executive Director, has resigned from his position, with immediate effect. The Board would like to thank him for his service.

Commenting on this announcement, Herbert Cordt, Chairman of Board of RHI Magnesita said: "Mr Lambranho served as board member of both Magnesita and RHI Magnesita and was one of the architects of the merger. We are therefore very grateful for his significant contribution to the business and wish him all the best for the future."

No further information is required to be disclosed under 9.6.11 of the UK Listing Rules.

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

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

 

END

 

 

BOAUUAARKBAAUAR