Result of AGM

RNS Number : 4223Q
RHI Magnesita N.V.
18 June 2020
 

RHI Magnesita N.V.

("RHI Magnesita" or the "Company")

 

Result of the Annual General Meeting 2020 ("AGM")

 

Following the AGM held today, 18 June 2020, RHI Magnesita announces that each of the voting resolutions set out in the Notice of Meeting to Shareholders, dated 6 May 2020, 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 2019

37,678,821

100.00

100

0.00

37,784,288

76.37%

105,367

Resolution 4

To release the Directors from liability for the exercise of their respective duties during the financial year 2019

37,608,738

99.65

130,497

0.35

37,784,288

76.37%

45,053

Resolution 5

To amend the Articles of Association of the Company

37,783,138

100.00

100

0.00

37,784,288

76.37%

1,050

Resolution 6. a.

To re-elect S. Borgas

37,624,555

99.76

91,841

0.24

37,784,288

76.37%

67,892

Resolution 6. b.

To re-elect I. Botha

37,724,599

99.84

58,639

0.16

37,784,288

76.37%

1,050

Resolution 7. a.

To re-elect H. Cordt

34,442,021

92.01

2,991,217

7.99

37,784,288

76.37%

351,050

Resolution 7. b. 

To re-elect W. Ruttenstorfer

37,608,232

99.54

175,006

0.46

37,784,288

76.37%

1,050

Resolution 7. c.

To re-elect S.O.L.B Prinz zu Sayn-Wittgenstein- Berleburg

37,735,581

99.87

47,657

0.13

37,784,288

76.37%

1,050

Resolution 7. d. 

To re-elect D.A. Schlaff

37,095,402

98.18

687,836

1.82

37,784,288

76.37%

1,050

Resolution 7. e. 

To re-elect K. Sevelda

37,741,486

99.89

41,752

0.11

37,784,288

76.37%

1,050

Resolution 7. f. 

To re-elect C.F. Baxter

37,666,418

99.69

116,820

0.31

37,784,288

76.37%

1,050

Resolution 7. g. 

To re-elect J.W. Leng

37,708,139

99.80

75,099

0.20

37,784,288

76.37%

1,050

Resolution 7. h. 

To re-elect J. Ramsay

37,508,245

99.27

274,993

0.73

37,784,288

76.37%

1,050

Resolution 7. i. 

To re-elect A. J. Hosty

37,744,507

99.90

38,731

0.10

37,784,288

76.37%

1,050

Resolution 7. j. 

To elect J. Ashdown

37,677,665

99.72

105,573

0.28

37,784,288

76.37%

1,050

Resolution 7. k. 

To elect F. Paulus

37,744,407

99.90

38,831

0.10

37,784,288

76.37%

1,050

Resolution 8 

To approve, as an advisory vote, the Directors' Remuneration Report (excluding the Directors' Remuneration Policy) for the period ended 31 December 2019

30,616,066

81.17

7,100,330

18.83

37,784,288

76.37%

67,892

Resolution 9 

To establish the proposed remuneration of the Non Executive Directors

37,783,138

100.00

100

0.00

37,784,288

76.37%

1,050

Resolution 10

Authority to issue ordinary shares or grant rights to acquire ordinary shares.

37,681,346

99.73

101,892

0.27

37,784,288

76.37%

1,050

Resolution 11

Limited disapplication of pre-emption rights.

37,783,138

100.00

100

0.00

37,784,288

76.37%

1,050

Resolution 12

Authority to acquire shares in the Company or depositary receipts of such shares.

37,554,606

99.40

226,334

0.60

37,784,288

76.37%

3,348

 

 

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 49,077,705.

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 www.morningstar.co.uk/uk/NSM .

5.  These results will be available shortly on the Company's website at www.rhimagnesita.com .

 

 

For further enquiries, please contact:

 

Sally Caswell, Company Secretary

Tel +43 50213 6345

E-mail: sally.caswell@rhimagnesita.com

 

Guy Marks, Head of Investor Relations

Tel +44 7932 013 357

E‐mail:  guy.marks@rhimagnesita.com

   

About RHI Magnesita

RHI Magnesita is the leading global 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 customers in nearly all countries around the world. The Company has a high level of geographic diversification with around 14,000 employees in 35 main production sites and more than 70 sales offices around the world. RHI Magnesita intends to leverage its global leadership in terms of revenue, scale, product portfolio and diversified geographic presence to target strategically 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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