Result of AGM

RNS Number : 5422B

RHI Magnesita N.V.

10 June 2021

 

RHI Magnesita N.V.

("RHI Magnesita" or the "Company")

Result of the Annual General Meeting 2021 ("AGM")

Following the AGM held today, 10 June 2021, RHI Magnesita announces that each of the voting resolutions set out in the Notice of Meeting to Shareholders, dated 27 April 2021, were passed by the requisite majority. A poll was held on each of the resolutions proposed. The results of the poll, incorporating proxy votes lodged in advance of the meeting, are set out below:

Resolutions	Votes for	% of votes cast	Votes against	% of votes cast	Total votes validly cast	Total votes cast as a % of the relevant shares in issue	Number of votes withheld
Resolution 3 To adopt the annual accounts for the financial year ended 31 December 2020	38,860,089	99.99	2,082	0.01	39,070,758	81.53%	208,587
Resolution 4 To declare a final dividend of €1.00 per share for the financial year ended 31 December 2020	39,050,758	99.95	20,000	0.05	39,070,758	81.53%	0
Resolution 5 To release the directors from liability for the exercise of their respective duties during the financial year 2020	38,851,531	99.99	4,112	0.01	39,070,758	81.53%	215,115
Resolution 6 To amend the Articles of Association of the Company	38,968,117	99.74	102,288	0.26	39,070,758	81.53%	353
Resolution 7. a. To re-elect S. Borgas	38,961,942	99.72	108,816	0.28	39,070,758	81.53%	0
Resolution 7. b. To re-elect I. Botha	38,961,356	99.72	109,402	0.28	39,070,758	81.53%	0
Resolution 8. a. To re-elect H. Cordt	37,923,052	98.48	584,810	1.52	39,070,758	81.53%	562,896
Resolution 8. b.  To re-elect W. Ruttenstorfer	38,959,994	99.72	110,764	0.28	39,070,758	81.53%	0
Resolution 8. c. To re-elect S.O.L.B Prinz zu Sayn-Wittgenstein- Berleburg	38,961,942	99.72	108,816	0.28	39,070,758	81.53%	0
Resolution 8. d.  To re-elect D.A. Schlaff	38,961,942	99.72	108,816	0.28	39,070,758	81.53%	0
Resolution 8. e.  To re-elect K. Sevelda	38,910,385	99.59	160,373	0.41	39,070,758	81.53%	0
Resolution 8. f.  To re-elect J. Ramsay	38,655,733	98.94	415,025	1.06	39,070,758	81.53%	0
Resolution 8. g.  To re-elect J.E. Ashdown	38,966,420	99.73	104,337	0.27	39,070,758	81.53%	1
Resolution 8. h.  To re-elect F.J.M. Paulus	38,968,503	99.74	102,255	0.26	39,070,758	81.53%	0
Resolution 8. i.  To elect J.M. Brown	37,269,208	95.91	1,588,655	4.09	39,070,758	81.53%	212,895
Resolution 8. j.  To elect M-H. Ametsreiter	39,032,725	99.90	38,033	0.10	39,070,758	81.53%	0
Resolution 8. k.  To elect S. Heifetz	35,498,521	90.86	3,572,237	9.14	39,070,758	81.53%	0
Resolution 9 To re-appoint PricewaterhouseCoopers Accountants N.V. as the Company´s auditor for the financial year 2021	38,921,718	99.62	149,040	0.38	39,070,758	81.53%	0
Resolution 10  To approve, as an advisory vote, the Directors' Remuneration Report (excluding the Directors' Remuneration Policy) for the period ended 31 December 2020	36,339,606	95.83	1,582,904	4.17	39,070,758	81.53%	1,148,248
Resolution 11 To adopt the Directors' Renumeration Policy which takes effect from 1 January 2021	37,487,854	95.95	1,582,904	4.05	39,070,758	81.53%	0
Resolution 12 To establish the proposed remuneration of the Non ‑ Executive Directors	39,070,354	100.00	404	0.00	39,070,758	81.53%	0
Resolution 13 Authority to issue ordinary shares or grant rights to acquire ordinary shares.	38,562,164	98.70	508,241	1.30	39,070,758	81.53%	353
Resolution 14 Limited disapplication of pre-emption rights.	38,770,849	99.23	299,555	0.77	39,070,758	81.53%	354
Resolution 15 Authority to acquire shares in the Company or depositary receipts of such shares.	38,891,222	99.56	171,155	0.44	39,070,758	81.53%	8,381

Notes:

1.  Resolutions 1 and 2 were non-voting resolutions and are therefore not included in the table above

2.  The total voting rights of the Company on the day on which shareholders had to be on the register in order to be eligible to vote was 47,924,771.

3.  A "Vote withheld" is not a vote in law and is not counted in the calculation of the % of shares voted "For" or "Against" a resolution.

4.  In accordance with LR 9.6.2, copies of the resolutions passed have been submitted to the National Storage Mechanism website and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism  

5.  These results will be available shortly on the Company's website at https://ir.rhimagnesita.com/  

For further enquiries, please contact:

Sally Caswell, Company Secretary

Tel: [phone]

E-mail: [e-mail]

Chris Bucknall, Head of Investor Relations

Tel: [phone]

E‐mail:  [e-mail]

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 1,200°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 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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RAGURVSRAUUNAAR