Company Announcements

Result of AGM

Source: RNS
RNS Number : 0653N
RHI Magnesita N.V.
02 May 2024
 

RHI Magnesita N.V.

("RHI Magnesita" or the "Company")

 

Result of the Annual General Meeting 2024 ("AGM")

 

Following the AGM held today, 2 May 2024, RHI Magnesita announces that each of the voting resolutions set out in the Notice of Meeting to Shareholders, dated 21 March 2024, 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 2023

37,752,469

100.00

15

0.00

37,891,031

80.38

138,547

Resolution 4

To declare a final dividend of €1.25 per share for the financial year ended 31 December 2023

37,890,681

100.00

0

0.00

37,891,031

80.38

350

Resolution 5

To release the directors from liability for the exercise of their respective duties during the financial year 2023

37,816,221

100.00

0

0.00

37,891,031

80.38

74,810

Resolution 6. a.

To re-elect S. Borgas

37,571,797

99.16

318,884

0.84

37,891,031

80.38

350

Resolution 6. b.

To re-elect I. Botha

37,835,155

99.85

55,526

0.15

37,891,031

80.38

350

Resolution 7. a.

To re-elect H. Cordt

34,562,949

91.32

3,285,698

8.68

37,891,031

80.38

42,384

Resolution 7. b. 

To re-elect J. Ramsay

37,765,403

99.67

125,278

0.33

37,891,031

80.38

350

Resolution 7. c.

To re-elect J. Ashdown

37,531,786

99.05

358,895

0.95

37,891,031

80.38

350

Resolution 7. d. 

To re-elect D. Schlaff

37,454,838

98.85

435,843

1.15

37,891,031

80.38

350

Resolution 7. e. 

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

37,454,838

98.85

435,843

1.15

37,891,031

80.38

350

Resolution 7. f. 

To re-elect J. Brown

37,868,463

99.94

22,218

0.06

37,891,031

80.38

350

Resolution 7. g. 

To re-elect K. Sevelda

37,785,823

99.72

104,858

0.28

37,891,031

80.38

350

Resolution 7. h. 

To re-elect M-H. Ametsreiter

37,866,368

99.94

24,313

0.06

37,891,031

80.38

350

Resolution 7. i. 

To re-elect W. Ruttenstorfer

35,583,587

93.91

2,307,094

6.09

37,891,031

80.38

350

Resolution 7. J.

To elect A.K. Lindström

37,888,430

99.99

2,251

0.01

37,891,031

80.38

350

Resolution 8

To re-appoint PricewaterhouseCoopers Accountants N.V. as the Company's auditor for the financial year 2024.

37,823,824

99.82

66,857

0.18

37,891,031

80.38

350

Resolution 9

To approve, as an advisory vote, the Directors' Remuneration Report (excluding the Directors' Remuneration Policy) for the period ended 31 December 2023.

37,532,647

99.06

358,034

0.94

37,891,031

80.38

350

Resolution 10

To adopt the Directors' Remuneration Policy, which takes effect from 1 January 2024.

36,838,330

97.22

1,052,351

2.78

37,891,031

80.38

350

Resolution 11

To establish the proposed remuneration of the Non-Executive Directors.

37,890,681

100.00

0

0.00

37,891,031

80.38

350

Resolution 12

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

37,804,468

99.77

86,563

0.23

37,891,031

80.38

0

Resolution 13

Limited disapplication of pre-emption rights.

37,863,199

99.93

27,832

0.07

37,891,031

80.38

0

Resolution 14

Authority to limit or exclude pre-emptive rights.

37,776,741

99.70

114,290

0.30

37,891,031

80.38

0

Resolution 15

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

37,816,763

99.82

68,952

0.18

37,891,031

80.38

5,316

Resolution 16

Authority to cancel any or all shares held in treasury or to be acquired.

37,891,031

100.00

0

0.00

37,891,031

80.38

0

 

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 47,137,206.

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 any resolutions passed as special business will be submitted to the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

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

 

For further enquiries, please contact:

 

Sally Caswell, Company Secretary

Tel: +43 699 1870 6345

E-mail: sally.caswell@rhimagnesita.com

 

Chris Bucknall, Head of Investor Relations

Tel: +43 699 1870 6490

Email: chris.bucknall@rhimagnesita.com

 

 

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 16,000 employees in 47 production sites, 8 recycling facilities and more than 70 sales offices. RHI Magnesita intends to build on its leadership in terms of 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 prime segment of the Vienna Stock Exchange (Wiener Börse). For more information please visit: www.rhimagnesita.com.

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