Director's Dealing • Apr 10, 2025
Director's Dealing
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RNS Number : 9793D RHI Magnesita N.V. 07 April 2025
("RHI Magnesita" or the "Company")
RHI Magnesita N.V. announced on 28 March 2025 that, a person discharging managerial responsibilities ("PDMR") exercised share options over 58,755 ordinary shares, represented by depositary interests, of €1 each (the "Award") in the capital of the Company ("Ordinary Shares" or "Shares"). The Award, made under the terms of the Company's Long Term Incentive Plan ("LTIP"), was granted on 8 March 2022. Shares acquired on exercise must be retained until the fifth anniversary of the date of grant, being 8 March 2027, other than to pay related taxes.
It was announced on 28 March 2025 that shares would be sold to cover taxes over a period of time and this notification concludes the sale of those shares to cover taxes.
The notification below is made in accordance with the requirements of the EU Market Abuse Regulation as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018.
| - | 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 | Initial notification | ||
| /Amendment | ||||
| Details of the issuer, emission allowance market participant, auction | ||||
| ന | ||||
| platform, auctioneer or auction monitor | ||||
| a) | Name | RHI Magnesita N.V. | ||
| b) | LEI | 724500UWG6A61XNA3Y36 | ||
| National company register number: 68991665 | ||||
| ব | 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 |
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